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Jun 27, 2024 · To make an informed decision, make sure you understand the choice you need to make: why does a decision need to be made? What are your options? Identify the worst-case scenario of each choice so that you’re prepared for whatever comes, and try to have a backup plan in place if possible.
To avoid making a bad decision, you need to bring a range of decision-making skills together in a logical and ordered process. We recommend the following seven steps: Investigate the situation in detail.
- Take Note of Your Overconfidence. Overconfidence can easily make your judgment go awry. Studies consistently show people tend to overestimate their performance and the accuracy of their knowledge.
- Identify the Risks You Take. Great decision-making also sometimes requires being willing to take a risk. Familiarity breeds comfort. There’s a good chance you make some poor decisions simply because you’ve grown accustomed to your habits and don’t think about the danger or harm you’re causing.
- Frame Your Problems In a Different Way. The way you pose a question or a problem plays a significant role in how you’ll respond and how you’ll perceive your chances of success.
- Stop Thinking About the Problem. Great decisions require careful thinking, but sometimes knowing when to take a break can help clarify your choices. When you’re faced with a tough choice, like whether to move to a new city or change careers, you might spend a lot of time thinking about the pros and cons or the potential risks and rewards.
May 4, 2022 · Choosing is the act of selecting or making decisions when faced with multiple possibilities or options. It is important to note that “ to not choose is also a choice ”—delaying a choice or ...
- Elaine Dundon
To make decisions in an optimal manner, you should generally include all the following steps as part of your decision-making process: Identify the decision. Recognize the need for you to make a decision, and figure out (roughly) what the decision will entail. Determine your goals.
Mar 22, 2022 · The right people with the relevant expertise need to clearly articulate their views to help you broaden your perspective and make the best choice.
Oct 13, 2018 · Research has shown that people who “maximize”—trying to make the best possible choice from a wide range of options—experience greater depression, perfectionism, self-doubt, and regret...
