When it comes to decisions making, what strategies do you employ? Do you go with intuitive decision-making, rational decision-making, or strategic decision-making? Because there are so many things to consider, it can be a real challenge to select the best option. But don’t worry, we are here to help you. Read on to learn the various practical ways you can make the right choice.
Decisions Making In Life: Always Go For The Right Choice
Making A Decision
When making a decision, you may be thinking about the things your parents, teachers, or friends are encouraging you to do. These may be what you’re fearful of doing or what you simply don’t want to do.
These people in your life may be asking you to re-frame your thoughts and consider the benefits of the opportunities you have. The bottom line is, they are encouraging you to make a decision as a way to help you get to where you want to be. However, be mindful that you make your own decisions that will ultimately effect the success of your life.
Now let’s talk about several practical decision-making styles that will help you make the right choices. You can use these for many situations you are faced with, whether it’s something you want to do or something you are hesitating on. Remember, your time is valuable, so you shouldn’t linger on opportunities that aren’t going to build you up and set you up for success.
Decisions Making: The Seven, Seven, Seven Rule
In decision-making, we have what we call the “Seven, Seven, Seven Rule”. Here, you make a decision based on three indicating factors. You think about how the outcome of your choice will affect you seven minutes from now, seven months from now, and seven years from now.
This may seem like you’re looking too far into the future. But really, you are only being realistic by looking at the big picture. A choice may seem good at the moment, but it can create a lasting impact. So, through this decision-making process, you can gauge if a choice will be good or bad for you in the long run.
Decisions Making: The Three Biases
Whenever you’re about to make a choice, you need to be careful because your own mind can trick you. In science, they are called “Biases”. When you let them influence your decision-making approach, they may not lead you to the best opportunities. Let me share with you how you can avoid becoming tricked by the three kinds of biases.
The Confirmation Bias
When we say “Confirmation Bias,” this means that your mind wants to confirm your existing beliefs. The danger here is that not all information that aligns with your beliefs is actually true or right.
So how do you overcome this? For instance, you are presented with an opportunity that sounds good. Rationalize it by thinking, “Okay, this is a good idea. Now why is this a bad idea?” Make your decision after you answer this question.
The Framing Effect
The Framing Effect happens when you make a decision based on how the information is framed for you. So to avoid becoming tricked by this, you re-frame the information you receive in a different light.
For example, if someone tells you something in a positive way, re-frame it in a negative way. Try to see the other side of the coin. This way, you will know how a certain decision can affect you in both a positive and a negative way.
Go through the re-framing process even for situations even when it’s more appealing to only see one side or the other. Ask yourself, “This is a negative thing, why could this be a positive thing? How could this help me?”
The Hindsight Bias
With the Hindsight Bias, you let prior knowledge affect your present decision-making. In turn, your choice will have an impact on your future. It is good to note that past experiences can make you complacent. And they can lead you to assume that you will end up with the same familiar results, but that’s not what always happens.
To avoid making a mistake brought about by the Hindsight Bias, try to see the big picture. Use this thought process to make a decision: “This has worked out well for me in the past. Why might the future be different than the past? Why might it not work out?”
Whenever you make a choice, take the time to slow down and ask yourself, “How big is this decision? And how much is it truly going to affect me?”
Decisions Making: Ask For Opinion
Another helpful way to make a decision is to ask for trusted opinion. You can approach your parents, teachers, or friends and get their feedback. This can be very helpful as they may bring up something you weren’t considering before. They can also help you make informed choices.
Get their advice by asking these questions: “I’ve been thinking about doing this. Do you think this is a great opportunity? Should I take advantage of this? What’s your advice? I think this is great, but am I not seeing the other side of the coin here?”
Don’t be afraid to consider everything, because your time is valuable. Make sure that you’re putting every moment of your time to good use.
What are the other ways on how you can train your mind to make good decisions? Watch this video from TEDx Talks:
Decisions making is not a new concept that you need to grasp. Rather, it is something that you do every single moment of your life, whether you know it or not. But to make better decisions, you need to train yourself so that when you’re presented with choices, you’ll be able to choose the best opportunity available to you. Remember, your time is incredibly valuable, so spend it on the things that really matter.
Which decision-making approach have you tried, or you are willing to try? We’d love to hear from you in the comments section below!
Editor’s Note: This post was originally published on May 8, 2018, and has been updated for quality and relevancy.