93 SAVED IDEAS
Many of us prefer complicated solutions and explanations over simpler ones. This cognitive error is known as the Complexity Bias.
We don’t listen to simple, basic advice to be productive and healthy, like doing regular exercise or rising early every morning. Our mind gets attracted to complex procedures and ideas like intermittent fasting, keto diet, and other finicky solutions that dazzle us with their twisted ways.
Too much complexity in our daily decisions and routines could lead to avoidance of work, and though complexity keeps life interesting, we need to embrace it only when we enjoy the process.
When you deal with a crisis, you need managers and employees that can think on their feet and act fast without first looking for an instruction manual. It means that you need skilled improvisers.
Capable improvisers will steer their companies through crises, paradigm shifts, technological breakthroughs and environmental disasters. But employee training programs seldom focus on becoming better improvisers, and hiring teams don't often screen for improvisation skills.
A key factor in determining how improvisation skills develop is the extent to which an individual was competitively vs collaboratively oriented.
There is a view that sees self-control as a battle between impulsivity and deliberate foresight. This idea has roots in ideas from ancient Greeks.
The International Society for Research on Impulsivity defines the desire for smaller rewards available now over larger, but later rewards as a type of impulsivity that involves a lack of planning and regard for future consequences. But, this view rests on a false dichotomy between foresight and impulsivity.
People can use their foresight to prioritise the present. Many behaviours that seem like a lack of willpower are not caused by a reluctance to plan ahead. Instead, they come from our capacity for long-term thinking.
For example, our decision-making can be influenced by the motivation to avoid future regrets about missing out. People foresee their own reliable tendency to spend money on boring essentials. Pre-committing to indulgences forces us to have some fun.
People living in poverty tend to favour smaller immediate rewards over a larger delayed payoff.
A possible reason for this is if you live in a highly uncertain environment or where people tend not to keep their promises, a farsighted view will lead you to get what you can now. Even children will use background information when forming expectations about whether their patience will pay off.
Metacognition - the ability to reflect on our thinking - plays a large part in our decision-making processes.
We don't only have emotions or desires that drive us. We also reflect on our emotions, regret our decisions, and try to work around them to pursue our immediate and delayed goals.
The label of 'failure' when people don't opt for delayed gratification is often completely misleading, such as when someone chooses immediate rewards because they don't trust the promise of a delayed reward.
Prescriptive moulds that say how people are supposed to act is unhelpful. Instead, the goal should be to understand the actual reasons for decision-making within the broader context.
These terms sound very similar and are often used interchangeably in everyday conversations.
Efficacy is mostly used in a scientific setting. Efficacy is the ability to create an anticipated effect.
For example, a specific medication that improves a patient's symptoms in an ideal environment has demonstrated efficacy.
Efficacy is not always enough. Medication that improves a patient's symptoms under ideal conditions is technically getting things done, but not always the right things.
Effectiveness in clinical trials is about how well a treatment works in the real world, not just in perfectly controlled conditions.
Once you find an effective solution, you can try to improve it, or make it more efficient.
Efficiency is about doing this in the most economical way in terms of time, energy, or money.
A recent theory on forgetting states that everything we learn remains in storage inside our memory, but our ability to recall and retrieve that information fades if we do not practice fetching information.
Spaced Repetition Time Intervals can be practiced using:
Studying takes too much time, and there is only a limited number of hours. Spaced repetition method uses time intervals and makes you recall more information, using less time.
The spacing effect maximizes learning and your study becomes more efficient and consumes less time.
If there's a test coming up in the next 7 days, the recommended way to study: 3 to 4 sessions with spaces in between, instead of studying non-stop for 7 days.
This way, you study less, yet retain more for the day of the test.