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Analysis paralysis

Analysis paralysis is the tendency to act only when you are ultra-confident about the chosen solution can result from two psychological mechanisms: the fear of making mistakes and the belief that, choosing a solution now, we miss the chance of finding a much better one.

105

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The Nirvana fallacy

The second mechanism of analysis paralysis is the reluctance to choose a solution because maybe if we think about it one more day, we will find a much better one.

The perfect solution fallacy is called the Nirvana fallacy and it prevents us from seeing the effectiv...

103

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The fear of making mistakes

The fear of making mistakes

The fear of making mistakes can have individual (psychological) or organizational causes. The classic individual cause is perfectionism, which leads to lack of productivity, tense climate, micromanagement, and burnout. 

The organizational cause can come from a culture in which exist...

95

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How to counter perfectionism?

How to counter perfectionism?

  1. Pilot: A small qualitative market research followed by the launch of a minimum viable product, an imperfect prototype, can bring more valuable information than any analysis made in front of the computer.
  2. Give yourself a deadline.: The work expands to fill all the time allott...

101

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radu_atanasiu

I teach Thinking and Deciding in Business for multiple schools in Romania and abroad. On top of that, I am an angel investor, a trainer and I run marathons, often dressed as Mickey Mouse.

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