The quality of our decisions - Deepstash
Managing People

Learn more about personaldevelopment with this collection

Conflict resolution

Motivating and inspiring others

Delegation

Managing People

Discover 57 similar ideas in

It takes just

7 mins to read

The quality of our decisions

The quality of our decisions

We all make decisions. However, few of us realize that the process we use to make decisions is more important than the analysis we put into the decision.

A McKinsey Quarterly survey pointed out that 60 percent of executives thought that bad decisions were as frequent as good decisions.

200

1.33K reads

MORE IDEAS ON THIS

Process over analysis in decision making

Analysis alone does not yield good decisions as the people who put it together have a subconscious bias and interest in a particular outcome.

Instead, a disciplined decision process involves guarding against decision-making biases by exploring and discussing major uncertainties or ...

212

1.01K reads

Analysis doesn't always lead to good decisions

When it comes to decisions, organizations rely on gathering data and analyzing the decision. People believe that analysis reduces biases, but most business decisions made this way turned out to be poor decisions.

Research shows that good analysis from managers who have good judgment won't ...

189

985 reads

CURATED FROM

CURATED BY

rebbll

I like movies, reading books and tea. I also listen to a lot of podcasts.

Related collections

More like this

Decisions Using Our Instinct

Decisions Using Our Instinct

Business leaders often make important decisions that defy any logical analysis. This process may be termed as a gut instinct, a hunch, or an inner voice.

Our emotions and feelings may be an essential component of a good decision, which is often neglected in the calculative methods usua...

The Four Villains Of Decision Making

The Four Villains Of Decision Making

When we make bad decisions is usually because of these 4:

  • Narrow framing: the tendency to define our choices too narrowly, to see them in binary terms.
  • Confirmation bias: we are more likely to select the information that supports our preexistin...

The Fear of Taking the First Step

The Fear of Taking the First Step

The fear of taking the first step is the main thing that sabotages our dreams, both big and small. It’s precisely in that first step where most people get stuck because fear takes a hold of us. However, if we get going, then our fears will magically dissolve. As ...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates