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What Does a Good Decision-Making Process Look Like?
A good decision-making process matters. Because a bad decision-making process - as in not having one - is even worse.
What should a good process look like?
A thread
A good decision-making process matters. Because a bad decision-making process - as in not having one - is even worse.
What should a good process look like?
A thread
Why do we need a good decision-making process?
Instinctively, we want to act quickly in every situation. Without a decision-making process - we fall back on our biases, assumptions, and emotions. These aren't always the best tools to use.
A good process overcomes this.
Instinctively, we want to act quickly in every situation. Without a decision-making process - we fall back on our biases, assumptions, and emotions. These aren't always the best tools to use.
A good process overcomes this.
The 5 steps of an effective decision-making process:
1. Stop
2. Assess
3. Name your biases
4. Gain a different perspective
5. Decide
1. Stop
2. Assess
3. Name your biases
4. Gain a different perspective
5. Decide
1. Stop
Stopping has the power to prevent impulsiveness. It is the circuit breaker to poor decision-making. It also gives you the space to begin to think…
Rarely are good decisions made in the heat of the moment.
Stopping has the power to prevent impulsiveness. It is the circuit breaker to poor decision-making. It also gives you the space to begin to think…
Rarely are good decisions made in the heat of the moment.
2. Assess
Blinded by the bright lights of information, we often find ourselves dazzled, unable to see the reality of the choice we face.
We must exclude opinions and emotions to exclusively consider the truth of the decision we are about to make.
Blinded by the bright lights of information, we often find ourselves dazzled, unable to see the reality of the choice we face.
We must exclude opinions and emotions to exclusively consider the truth of the decision we are about to make.
3. Name your Biases
Cognitive biases can either help or hinder your decision. Without awareness, hindrance is the likely impact. Awareness opens the door to your biases.
By naming your biases, you become aware of them.
Cognitive biases can either help or hinder your decision. Without awareness, hindrance is the likely impact. Awareness opens the door to your biases.
By naming your biases, you become aware of them.
4. Gain a different Perspective
Information from sources we trust can turn out to be incorrect, but trust blinds us to the error. Gaining a different perspective changes your viewpoint. https://twitter.com/Darren_Resolve/status/1383028225727737860?s=20
Information from sources we trust can turn out to be incorrect, but trust blinds us to the error. Gaining a different perspective changes your viewpoint. https://twitter.com/Darren_Resolve/status/1383028225727737860?s=20
5. Decide
At this stage, you have the right information to make a decision. Consider what you've learnt. Then decide.
Don't dither - choose and make it happen.
At this stage, you have the right information to make a decision. Consider what you've learnt. Then decide.
Don't dither - choose and make it happen.
You can read the full article this thread is based upon here: https://www.resolve.blog/articles/a-good-decision-making-process-matters-here-are-5-steps-to-follow/
