Learn more about problemsolving with this collection
How to synthesize information from multiple books
How to analyze a book
How to set reading goals
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 they were analysts at a company and their job was to analyze and analyze and analyze. They couldn’t believe somebody would say that you should actually encourage people to make a decision with imperfect information — but I firmly believe you should. I think that’s really important for leaders to incorporate. It’s something that the White House has to do all the time. It’s great to analyze things but at some stage you’re just spinning your wheels.
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MORE IDEAS ON THIS
Intuition on expertise
A new study from researchers at Rice University, George Mason University and Boston College suggests you should trust your gut — but only if you’re an expert… Across both studies, participants who possessed expertise within the task domain performed on average just as well intuitively as analytic...
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374 reads
Spend time on defining the problem
Solution? Spend less time trying to amass all the information and more time better defining the problem so you can find the right information.
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Outside perspective
If I had to give advice across many aspects of life, I would ask people to take what’s called “the outside perspective.” And the outside perspective is easily thought about: “What would you do if you made the recommendation for another person?” And I find that often when we’re recommending someth...
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316 reads
Write key decisions
Whenever you make a key decision or take a key action, write down what you expect will happen. Nine or 12 months later, compare the actual results with your expectations… Practiced consistently, this simple method will show you within a fairly short period of time, maybe two or three years, where...
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303 reads
Keeping Score
Don’t trust your memory. Write it down. Make it a game . See where you score highly and not so highly.
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356 reads
Related collections
Other curated ideas on this topic:
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...
Start with praise to engage with a narcisist
Acclaim in the begining, can be a powerful antidote to a narcissist’s insecurity. And most leaders are a bit narcisists. It doesn’t help to bury criticism between two compliments: Beginnings & ends are more likely to stick in our memories than middles, & narcissists are especially likely to ignor...
SET YOUR PRIORITIES
- Have a List – Many people say, “I know what I have to get done.” But, they don’t have a list. Until you have written your tasks down and compared them against each other, it is difficult to have a clear picture of what is truly important.
- Rank Your Priorities...
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