This post is dedicated to the subject of blunders. Since this is a post about how we decide, I will delve into a number of reasons why we make mistakes or blunders. In preparation for this blog series on decision-making, I read a few articles and books. One of them was a book written by [...]
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In this post, I will continue my discussion on how we make decisions. I will specifically focus on a mechanism the human brain devised to help us deal with decision-making. According to the Wikipedia definition, cognitive bias is a human tendency to draw incorrect conclusions in certain circumstances based on cognitive factors rather than evidence. [...]
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In my prior posts on the decision-making process, I described why decisions are made, what types of decisions we make, and when we make decisions. In this post, I will delve into my theory of how decisions come to be. A Few Points Before I get into the nitty-gritty of the decision-making process, let me make [...]
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Many factors influence at what point in time we make decisions. Our circumstances, conditions, needs, wants, emotional state, knowledge, etc. play a role in the timing of our decisions. The type of decision is another important factor. Decisions can be categorized as critical (a decision with life or death or other BIG implications), Important, or [...]
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In my last post, I wrote about why we make decisions. We do so because we have no choice. Decisions are necessary to live, thrive and survive in this world. In this post, I will delve into what we decide and what kinds of things we decide on. The implication of most decisions we make [...]
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We have no choice but to make decisions. Decision-making is a critical human endeavor. When you think about it, there is no life without decisions. We make them from the moment we rise in the morning to the time we get back to sleep at night. We have needs that we must meet and many [...]
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Life is all about decisions. We wake up and there we go — It’s decisions all the way to the end of the day. What do I wear? What do I eat/drink? How much do I eat/drink? Do I drive or take the bus/train/etc.? That is just to start! We are constantly making decisions about [...]
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If I had to choose one human frailty that has the biggest impact on our lives, it has to be follow-through, or lack of follow-through to be more precise. We set goals and we don’t follow-through. We make commitments and we don’t follow-through. We make resolutions (every year) and we don’t follow-through. It is a [...]
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There is so much to do, so if we are not careful, we end up taking on much more than any one person can handle. To be most successful, you need to be very selective as to what you take on. You need to be diligent at managing your attention and your agenda. Since there [...]
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One of the key success factors of effective business people is having good advice. However, good advice can be expensive. Not all of us can afford to have a board or know enough of the right people to get advice from. One way to overcome this handicap is to develop a virtual board. A virtual [...]
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