Good decision-makers consider all their options - Deepstash
How To Become a Better Decision-Maker

Learn more about career with this collection

Understanding the importance of decision-making

Identifying biases that affect decision-making

Analyzing the potential outcomes of a decision

How To Become a Better Decision-Maker

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Good decision-makers consider all their options

The more alternatives you consider, the more likely you are to make successful decisions. Carefully considering a wide range of potential choices is best.

Communicating with others during your decision-making process can offer fresh perspectives that may present alternatives you hadn't considered.

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Good decision-makers use their available time

Rushed decisions are rarely the best decisions. When someone makes decisions too quickly, they are often guided by biases and natural inclinations rather than objective information. Take advantage of the time you have available to make your decisions.

I...

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127 reads

Good decision-makers learn from past decisions

Every time you make decisions, you can get better at it.

  • Reflect on the choices you make and their outcomes. Note whether the results were entirely favorable or could have gone better.
  • Identify areas for improvement, and consider how you could be...

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145 reads

Good decision-makers know their goals

The decisions you make should help you or your company achieve goals. Identifying your individual and business goals can direct you toward the best choice. When you know what results you want, making decisions can be more straightforward.

For example, imagine you are considering whether...

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208 reads

Good decision-makers stay open-minded

Resisting the urge to draw conclusions and staying open-minded until reaching a final decision can help you to overcome confirmation bias and make better decisions.

It is a natural tendency to draw conclusions first, then seek out evidence that supports it. However, this c...

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160 reads

Good decision-makers collect information

Understanding why you are making decisions, what your options are and the impact of selecting each option helps you make more informed and better choices.

The most successful decision-makers know when they have collected enough information to make the best decisions. Once they have, th...

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190 reads

Good decision-makers understand some options have equal value

  • The natural tendency to weigh and rank options undermines the concept that sometimes options have relatively equal value. You could research your options for days or weeks and still be unclear about which is a better proposition.
  • Understanding this and committing to...

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131 reads

Good decision-makers eliminate options before reaching a final decision

Having a variety of choices early in the decision-making process is important, but in time a wide range of choices can be overwhelming and confusing.

Eliminating options throughout the decision-making process reduces these feelings. Discount choices when you learn they are not the ...

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149 reads

Good decision-makers embrace the consequences

Every decision you make has consequences for you, and potentially for other people as well. Try to adjust your thinking to make decisions without worrying about making mistakes.

Though you need to consider potential outcomes, the safest option is not always the best one. If you choose ...

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131 reads

What is a good decision-maker?

What is a good decision-maker?

A good decision-maker chooses actions that give the best outcome for themselves and others. They enter into the decision-making process with an open mind and do not let their own biases sway them. They make decisions rationally, after researching alternatives and understanding the consequences.

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276 reads

Good decision-makers imagine different scenarios

Imagining what could happen before you act can help guide you toward the best decision.

Consider how your decisions would improve your life and the lives of others close to you. This approach can be more effective than making a list of pros and cons, as it recognizes not every benefit ...

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170 reads

Consider your personality traits and characteristics

Some of the personality traits that may impact your decision-making are:

  • Overconfidence: This is a common trait that can compromise decision-making. Many people overestimate their performance and knowledge.
  • Risk-taking or risk-averse: Natural r...

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219 reads

CURATED FROM

CURATED BY

laford

Marine Scientist

Applying these proven decision-making strategies should help you become a better decision-maker.

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A good decision-maker doesn't dwell on small choices

A good decision-maker doesn't dwell on small choices

While it’s worth taking time to settle larger decisions, don’t expend too much time and energy on the small stuff.

And don’t stress about the quality of your decision-making on these small choices either. Although the term decision fatigue — i.e., the more...

Default decisions and their influence

Default decisions and their influence

Although we usually have the freedom to make a wide range of choices at any given moment, we often make decisions based on the environment we find ourselves in:

  • If you sleep with your phone next to your bed, then checking social media and email as soon as you wake up is likely to be th...

A good decision-maker thinks of decisions as opportunities

Don’t think of decisions just as protective measures meant to prevent you from making your life worse. You can make choices that make a good situation even better.

“What decision can I make to make my life more interesting in the future?” If you think of some alternatives and you pursu...

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