Making Bad Decisions: Wrong Or Incomplete Information - Deepstash

Making Bad Decisions: Wrong Or Incomplete Information

We normally trust people and believe we have the right information. The resulting outcome is akin to chinese whispers, the phenomenon when information is passed on to a lot of people in a chain, leading to distortion and falsification.

The thumb rule here is to seek information from credible, first hand sources.

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Avoiding Bad Decisions

Avoiding Bad Decisions

fs.blog

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osc_t

The biggest problem in life isn`t the problem itself, but how people act upon it.

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Making Bad Decisions: Learning To Fail

Making mistakes is fine, but making the same mistake over and over is not. We need to make mistakes, and learn from it, or else we will keep living the same year in repeat mode. If we don’t analyse and reflect on our actions, we will never learn from our mistakes and will be unable to calibrate o...

Making Bad Decisions: Solving The Wrong Problem

The real problem is rarely visible in the first instance, as we only look at the symptom or the result. If we let someone else define the problem, we are far away from it. We might be too close to the problem and need an objective view.

The rule is to not let others define your problems

3 steps that can help you make timely decisions

  1. Focus on the outcome. Decide what your goal is. Be able to describe it, in detail. 
  2. Look at problems systematically. Consider the problem from all angles, including process, expectations, and resources. Talk to credible and reliable sources. Often, the people closest to...

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