Exploring alternatives is the first step in the exploring stage of the decision-making process. Here are seven pitfalls to avoid while exploring your decision choices. Seven common mistakes done while exploring decision options 1. Anchoring Watch out for anchoring. One of the most common traps in decision-making is to anchor on a single alternative (often […]
Category: Thinking
Exploring alternatives in decision-making is essential while making any decision. The decision-making process has three stages identifying, exploring, and executing. Exploring The exploring stage has three steps. Exploring alternatives Thinking consequences Evaluating tradeoffs In this article, I will discuss the first step. Exploring alternatives in decision-making This is the most important step in the exploring stage […]
Identifying, exploring, and executing are the three stages of the decision-making process. Identifying The identifying stage has four steps: Identify the decision problem Reflect on principles and values Identify your goals and objectives Exclude choice outliers 1. Identify the decision problem A good decision-making process starts with identifying the decision problem. For example, imagine you […]
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Decision Making Process
Learning about the decision-making process is the first step to making better decisions in life and at work. Better decisions mean a happy and balanced life. A sound decision is the product of a holistic decision-making process that assesses the facts, knowledge, alternatives, consequences, and tradeoffs of the problem, using a scientific, analytical, and consensus-based […]
Learning how to make big life decisions is a skill that can have a great impact on your life. Decisions are either small or big. Small decisions are your daily decisions, such as, what food do you eat today, what clothes you wear to work, and which movie to stream. Big life decisions have a […]