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Abstract

s of study, good decision-making processes are six times better than conventional, usually fast decision-making. So let’s ask ourselves:</p><h1 id="09bf">Why does a good decision take time?</h1><p id="acdc">In essence, due to our occasional lack of rationality, homo economicus becomes all-knowing. Various factors like mood swings, the time of day, stress, and numerous others constantly influence our judgment.</p><p id="6e29">Making significant decisions impulsively or solely based on intuition should be avoided. The widely recognized suggestion of “getting a good night’s sleep” holds, especially in the realm of intricate and vital choices.</p><p id="4a35">By allowing time for a decision, we can strike a balance between instinct and rational thinking.</p><p id="1923">You may like Growth Mindset: <a href="https://readmedium.com/growth-mindset-the-importance-of-our-failures-1150d4f55d1d?source=your_stories_page-------------------------------------">The Importance of Our Failures.</a></p><h2 id="dd7f">Large choice</h2><p id="91fb">When we are faced with a decision, it often comes down to a simple “Do you want option A or option B?” » If you are persuaded to feel that these are the only possibilities, a light should go off within you. There are always more possibilities.</p><p id="7162">Consciously move from closed to open questions. Ask yourself at least five times: What else? Expand the range of options.</p><p id="a708">If someone asks us to make a decision, the question is already included in a certain formulation, called a framework. Recognize pseudo-alternatives and don’t be fooled by suggestions that “can’t be rejected.”</p><p id="7280">Do you need help finding other alternatives? Then speak with an expert in the subject.</p><h2 id="fae2">Reality check</h2><p id="0048">The reality check is to end “whitewashing” itself. We are intuitively drawn to an option. Maybe it’s because it’s the path of least resistance. After all, we don’t need to leave our comfort zone to do it, or because we’re using it to make someone else happy and avoid fighting.</p><p id="9d77">We begin to neglect this option and are therefore subject to what is called “confirmation bias”. Perception becomes selective and we only consider what corresponds to our neglected option.</p><p id="7956">In reality checking, we must specifically look for information that goes against our preferred option. And after? Be your critic.</p><p id="69fe">The Heath brothers also recommend what are called micro-decisions. For example, before moving, you can try a week’s vacat

Options

ion in this region.</p><p id="172b">Read also: <a href="https://readmedium.com/discover-your-true-strength-and-weakness-a240ddda571f?source=your_stories_page-------------------------------------">Discover Your True Strength and Weakness</a></p><p id="cf33">In addition, we are accompanied by many small errors in thinking that introduce themselves automatically: we misjudge the probabilities, we run after the herd, or we do not realize how much a certain choice of words affects us.</p><p id="b566">Recognizing these thinking errors takes time, a change in perspective, and proper research. For complex life decisions, the WRAP method can help.</p><h1 id="18e9">The decision-making process at WRAP speed</h1><p id="0b19">Professor brothers Dan and Chip Heath of Duke and Stanford University have studied decision-making processes for decades. They developed the WRAP process for decision-making.</p><p id="a78a">Unlike Star Trek’s warp drive, the process isn’t fast at all and therefore fits much better in the realm of decision-making than in the endless expanses of space.</p><h2 id="a519">Take some distance</h2><p id="efd2">And now it’s time to let it go! The first two steps highlight all aspects, all external factors. They get us right into the heart of the matter and sometimes don’t let us think about anything else.</p><p id="9be0">Now take care of something completely different. Enjoy nature, call a friend, or meditate. Let your mind calm down and stop thinking about things.</p><p id="0660">Do? It is the time to change perspective. For example, you can do this with a letter addressed to you. Write about the decision from the perspective of a good friend.</p><p id="bffa"><a href="https://en.wikipedia.org/wiki/Suzy_Welch"><b><i>Author Suzy Welch </i></b></a>also suggests the 10/10/10 method: Ask yourself how the decision will affect your life in 10 minutes, 10 months, and 10 years.</p><p id="8eb6">Play with perspectives.</p><h2 id="8953">Problem prevention</h2><p id="7d8b">Wait, haven’t we made a decision now? Haven’t we arrived at the “good enough” described earlier? The Heath brothers’ model goes even further. They deliberately highlight the worst-case scenario and recommend writing it down in great detail.</p><p id="750e">This helps us recognize when we need to take countermeasures when a decision isn’t working out the way we hoped. This step also makes us aware of the future, so we can sense more quickly when we are going down the wrong path in a decision.</p><p id="fd77">And after? Learn from it and move on.</p></article></body>

Making Good Decisions: What do we need to do it

Time to say goodbye to the illusion of the one right and quick decision. Making good decisions, how does it work?

There is no model to make the right decision

“This is how quick and perfect decisions are made” — We should leave those promises aside. Because? Because, unfortunately, they are not realistic. At least if we have the ambition to make good decisions.

There are two reasons for this:

1. There is generally no right or wrong when it comes to complex decisions.

Part 1 of this decision series focused on the complexity of our world and how difficult it is for us to evaluate the consequences of a decision in advance.

If the decision itself is open-ended and complex, we must first face the facts: there is no right or wrong.

Deciding for or against a job offer, deciding for or against a vacation destination: none of the options offered here are ever completely right or wrong. We should say goodbye to black-and-white thinking. Let’s take this for a moment, it can take a big weight off our shoulders.

A decision may not be the only correct and perfect one, but — and we must always keep this in mind after a decision-making process — it may be sufficient.

In the search for the new smartphone we can get lost in the jungle of information; only to discover that each of the models has something of its own.

That is why it is important to listen to yourself beforehand: what is important to me here? What aspects make me happy, what do I need? If that is the final decision, that is enough. Hang it up and you’re done.

2. Decision-making is a process

When we’re faced with important decisions, sometimes we just want to get them done quickly. Turning to the guide “How to make quick and perfect decisions” is very attractive, right? Save money and face reality: decisions can be good if we give them enough time.

We do not judge well based on an initial intuition or superficial research. After decades of study, good decision-making processes are six times better than conventional, usually fast decision-making. So let’s ask ourselves:

Why does a good decision take time?

In essence, due to our occasional lack of rationality, homo economicus becomes all-knowing. Various factors like mood swings, the time of day, stress, and numerous others constantly influence our judgment.

Making significant decisions impulsively or solely based on intuition should be avoided. The widely recognized suggestion of “getting a good night’s sleep” holds, especially in the realm of intricate and vital choices.

By allowing time for a decision, we can strike a balance between instinct and rational thinking.

You may like Growth Mindset: The Importance of Our Failures.

Large choice

When we are faced with a decision, it often comes down to a simple “Do you want option A or option B?” » If you are persuaded to feel that these are the only possibilities, a light should go off within you. There are always more possibilities.

Consciously move from closed to open questions. Ask yourself at least five times: What else? Expand the range of options.

If someone asks us to make a decision, the question is already included in a certain formulation, called a framework. Recognize pseudo-alternatives and don’t be fooled by suggestions that “can’t be rejected.”

Do you need help finding other alternatives? Then speak with an expert in the subject.

Reality check

The reality check is to end “whitewashing” itself. We are intuitively drawn to an option. Maybe it’s because it’s the path of least resistance. After all, we don’t need to leave our comfort zone to do it, or because we’re using it to make someone else happy and avoid fighting.

We begin to neglect this option and are therefore subject to what is called “confirmation bias”. Perception becomes selective and we only consider what corresponds to our neglected option.

In reality checking, we must specifically look for information that goes against our preferred option. And after? Be your critic.

The Heath brothers also recommend what are called micro-decisions. For example, before moving, you can try a week’s vacation in this region.

In addition, we are accompanied by many small errors in thinking that introduce themselves automatically: we misjudge the probabilities, we run after the herd, or we do not realize how much a certain choice of words affects us.

Recognizing these thinking errors takes time, a change in perspective, and proper research. For complex life decisions, the WRAP method can help.

The decision-making process at WRAP speed

Professor brothers Dan and Chip Heath of Duke and Stanford University have studied decision-making processes for decades. They developed the WRAP process for decision-making.

Unlike Star Trek’s warp drive, the process isn’t fast at all and therefore fits much better in the realm of decision-making than in the endless expanses of space.

Take some distance

And now it’s time to let it go! The first two steps highlight all aspects, all external factors. They get us right into the heart of the matter and sometimes don’t let us think about anything else.

Now take care of something completely different. Enjoy nature, call a friend, or meditate. Let your mind calm down and stop thinking about things.

Do? It is the time to change perspective. For example, you can do this with a letter addressed to you. Write about the decision from the perspective of a good friend.

Author Suzy Welch also suggests the 10/10/10 method: Ask yourself how the decision will affect your life in 10 minutes, 10 months, and 10 years.

Play with perspectives.

Problem prevention

Wait, haven’t we made a decision now? Haven’t we arrived at the “good enough” described earlier? The Heath brothers’ model goes even further. They deliberately highlight the worst-case scenario and recommend writing it down in great detail.

This helps us recognize when we need to take countermeasures when a decision isn’t working out the way we hoped. This step also makes us aware of the future, so we can sense more quickly when we are going down the wrong path in a decision.

And after? Learn from it and move on.