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The ability to decide and choose wisely and rightly is often a matter of how the problem was posed. Though we try to be as logical as possible in taking a decision, sometimes we end up making illogical choices. So, it is important to understand how people decide things to avoid bad judgments.
The sad truth is that people, even at the highest level, simply do not like to make good choices as every decision involves a certain amount of risk. It would be pertinent to keep in mind that a decision-making process means repeatedly proving your ability. So, have a clear understanding of your individual decision-making style. Keep in mind, when it comes to decisions, the best one can do is hope to make more good decisions than bad ones. And it is equally true that nobody is very good in taking all types of decisions.
The manner in which an individual takes or arrives at a decision depends to an extent on his or her inherent nature. The eagerness of a person with an impatient nature would often lead him to jump into quick decision. Similarly, a person with high degree of emotions tends to decide quickly on whatever feels good. People who care for others and do not want to hurt or disturb them would take a long time to decide. Also, there are people who would like to have all kinds of information before they come to a conclusion.
After assessing your decision making style, find someone with an opposite style with whom you can establish a system of checks and balances. Also, do not forget to analyze the impact of your decision before hand, something which people fail to do. One needs to assess the impact not only on the basis of money and resources, but also what happens if that particular decision is not taken. In doing so it would be important to maintain your objectivity.
While gathering and evaluating information people fail to realize how biased they are. To make better decisions, it needs to be understood fully how biases may be tampering with logic. If you
The sad truth is that people, even at the highest level, simply do not like to make good choices as every decision involves a certain amount of risk. It would be pertinent to keep in mind that a decision-making process means repeatedly proving your ability. So, have a clear understanding of your individual decision-making style. Keep in mind, when it comes to decisions, the best one can do is hope to make more good decisions than bad ones. And it is equally true that nobody is very good in taking all types of decisions.
The manner in which an individual takes or arrives at a decision depends to an extent on his or her inherent nature. The eagerness of a person with an impatient nature would often lead him to jump into quick decision. Similarly, a person with high degree of emotions tends to decide quickly on whatever feels good. People who care for others and do not want to hurt or disturb them would take a long time to decide. Also, there are people who would like to have all kinds of information before they come to a conclusion.
After assessing your decision making style, find someone with an opposite style with whom you can establish a system of checks and balances. Also, do not forget to analyze the impact of your decision before hand, something which people fail to do. One needs to assess the impact not only on the basis of money and resources, but also what happens if that particular decision is not taken. In doing so it would be important to maintain your objectivity.
While gathering and evaluating information people fail to realize how biased they are. To make better decisions, it needs to be understood fully how biases may be tampering with logic. If you