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.
If someone wants a quick answer, ask whether you can have more time. While this is not always possible, extra time for gathering information and reflecting usually leads to better decisions. If you have limited time, try developing a counterargument for the decision you are considering. Debating with yourself, even for a short time, can help you m
40
328 reads
CURATED FROM
IDEAS CURATED BY
Applying these proven decision-making strategies should help you become a better decision-maker.
“
The idea is part of this collection:
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
Related collections
Similar ideas to Good decision-makers use their available time
6 of the largest decision-making blunders
Sunk-cost fallacy. Present yourself with the new options at hand -- without considering the sunk cost.
Narrow framing. When we're in situations that will repeat themselves over time, we should take a step back and play a game of averages...
Common decision-making mistakes
- Making impromptu decisions. Take the time to think about the pros and cons of your decision and weigh out the consequences.
- Lacking peace. Take deep breaths in a quiet environment to evaluate the facts before you decide.
- Wallowing in the chaos of everyday life,...
A good decision now, on imperfect data
Being able to make decisions when you know you have imperfect data is so critical. I was always taught that “A good decision now is better than a perfect decision in two days.” Many people I know in business recoil at that statement. Many colleagues in graduate school had come from places where t...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates