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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 effectiveness of the solutions we have at hand.
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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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How to counter perfectionism?
- 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.
- Give yourself a deadline.: The work expands to fill all the time allott...
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257 reads
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...
94
279 reads
CURATED FROM
CURATED BY
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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Being Aware of The Narrative Fallacy
The Narrative Fallacy makes us to see events as stories, with logical chains of cause and effect. When it comes to success, do not fall for the ‘narrative’ fallacy’ and think that great people became successful due to what happened to them, and if we emulate that, we will achieve...
The Reviewer's Fallacy
We've all have experienced shows that we've read high praise for, then been disappointed by. One of the root causes of the reviewer's fallacy is based on the opinion that 90% of film, literature, consumer goods are mediocre or worse.
It would be tiresome for critics to find new ways...
Managing Feelings f=For the Growth Zone
- Everyone is just winging it. Even the people you see in social media don't have it altogether and are just building their narratives as they go on.
- Be wary of analysis paralysis. There will always be books, podcasts, and articles that will change your perspective but keep in mind t...
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