Decision Making
This is one of the most important things that I learnt, whenever making any decision just imagine the worst case scenario, what's the worst that can happen if you take that decision, If you are ok with the worst case then go ahead with your decision but if you are not, then don't take that decision.
54
901 reads
CURATED FROM
IDEAS CURATED BY
These are some important things that I learnt after reading everyday for one year. These are basic things but very important.
“
Similar ideas to Decision Making
Strategy Decision Making
Imagine recording decision-makers' solutions to a competitive-strategy problem using four categories:
- Now-I-know
- I-already-know
- I-don't-know
- I-guessed
The Now-I-know and the I-already-know are very confident while I-do don't-know and t...
Use heuristics (rules of thumb) for decision making
Decision making is hugely draining. If you can reduce cognitive fatigue from decision making, you’ll have more emotional energy for other things.
“Rules of thumb” is aimed at producing a good outcome most of the time with minimal case-by-case effort. “If I’m going to run out in l...
Fear hacking
Fear hacking implies picturing the worst-case scenario and making sure, through action, that you are able to manage any difficult situation that can arise.
The first step after having imagined this scenario, is to create a plan to fight it if this should come true.
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