3 decision-making mistakes that you must avoid

3 decision-making mistakes that you must avoid
  1. Impulsivity. Thorough decisions combine all three senses – seeing, hearing and feeling. Impulsive decisions always lack one of these elements.
  2. Allowing yourself to be persuaded against your better judgment.  The selfish judgment of others should not interfere with your decisions. 
  3. Analysis paralysis. Inner conflict usually means a 'no'. Put off your decision for a while. Make an assessment of the risks involved and decide what size of risk you are willing to take.
Mark D. (@markd17) - Profile Photo

@markd17

🧐

Problem Solving

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEAS

The way you frame your decision at the outset can make all the difference. 

State your decision problems carefully, acknowledge their complexity and avoid unwarranted assumptions and option-limiting prejudices.

8

IDEAS

The ABCDs of categorizing decisions
  • Big-bet decisions: infrequent and high-risk - from major acquisitions to game-changing capital investments;
  • Cross-cutting decisions: frequent and high-risk - think pricing, sales, and operations planning processes or new-product launches;
  • Delegated decisions: frequent and low-risk - routine elements of day-to-day management, typically in areas such as hiring, marketing, and purchasing;
  • Ad hoc decisions: infrequent, low-stakes.
Accept your emotions

Recognize what happened and how you feel. Suppressing your emotions will get you nowhere. It’s important to first focus on how you feel.

You can also journal your emotions or speak with a close confidante. Or you can go to therapy, of you think it's right for you.

© Brainstash, Inc

AboutCuratorsJobsPress KitTopicsTerms of ServicePrivacy PolicySitemap