7 Habits to make you more effective in making decisions
Knowing how to make good decisions, like what to wear for an interview or
what to invest your money--could be the secret to living your life to the
fullest. Making the right decisions in a timely manner and confident about your
decision-making capabilities could save you a lot of time and stress.
Everyone can make improvements in their decision-making capabilities. If
you're looking to become a better decision-maker, incorporate these 9 daily
habits to your daily routine.
Make note of your confidence
Insecurity can cause your judgment to go wrong.1 Numerous studies have shown
that people are more likely to overestimate their capabilities and their
expertise.
Perhaps you're 90% sure you know the address of the workplace you're
visiting. Maybe you are 80% sure you can convince your boss to offer you a
raise. Your plans will likely fail if you're too certain regarding these things.
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Particularly important is to assess your confidence in time management. Many
people underestimate the amount they can accomplish in a certain amount of time.
Is it possible to complete this task in just one hour? Do you predict you'll be
able to pay your online bills within 30 minutes? It's possible that you're too
confident in your prediction.
Identify the risks you take
Comfort is the foundation of familiarity. It's likely that you'll make a few
poor choices simply because you've become accustomed to your routines and aren't
thinking about the danger that you're in, or the harm you're doing to
others.
You might, for example, speed on the commute to work every day. You'll feel
more comfortable speeding if you are able to work safely and avoid a speeding
ticket. You put your safety at risk, and you are taking legal risks.
You may take a bite of fast food each day at lunchtime. Since you don't
suffer any immediate signs of ill health, you may not consider it a problem.
This means that you might gain weight over time or experience other health
issues.
Frame Your Problems In A Different Method
The way you pose a question or pose a problem will determine the way you
answer and what your chances of success are.
Imagine two surgeons. Imagine two surgeons. One informs his patients that
"Ninety percent" of the patients who have the procedure live. The other says
that "Ten percent" of patients who undergo the procedure die.
These statistics are consistently true. But research shows people who hear
"10 percent of people die" perceive their risk to be much greater.
If you are faced with a difficult decision, think about the way you think
about the issue. Consider for a moment about how the slight shift in the way you
frame your argument affects how you perceive the problem.
Stop Thinking About the Problem
When faced with a decision for example, whether you want to relocate to a
different city or switch careers, you might be spending a lot of time
contemplating the pros and cons, or the possibility of rewards and
risks.
Science shows that there are numerous benefits when you consider your
choices. However, it can be dangerous to overthink your options. In the process
of weighing the pros and cons for long enough can raise your stress levels to
the point where you struggle to come to a conclusion.
Research has shown that letting thoughts "incubate" is extremely beneficial.
Consider sleeping on a problem.
You can also engage with an activity that distracts your mind off a problem.
Allow your brain to process things in the background and you'll likely come up
with precise solutions.
Set Aside Time to Reflect on Your Mistakes
You can look back on your mistakes, whether you unprepared for an umbrella
leave your house and getting soaked on the way to work or whether you overspent
on impulse purchases.
It's a good idea to establish the habit of reviewing the choices you made
during the day. When your decisions don't turn out as planned, consider what was
wrong. Learn from the mistakes you can learn from each mistake you make.
Don't dwell too long on your mistakes. It's not beneficial for your mental
health to repeat the same mistakes over and again.
Limit your time for reflection. Perhaps 10 minutes per day is enough to allow
you to consider what you can do better next time around. Take the knowledge
you've gained and commit to making better decisions moving forward.
Be aware of your shortcuts
Although it can be difficult to admit, there are some areas where you're
biased. It's impossible to be completely neutral.
Your brain has created mental shortcuts--referred to as heuristics, which
assist you in making quicker decisions. These mental shortcuts could make it
easier for you to complete hours of process for every decision making you
make. However, they can aid you in avoiding making an error.
For example the availability heuristic depends on data and examples that are
immediately accessible to make decisions. If you see a lot of news stories about
fires in homes, it's probable that you will underestimate the possibility of
your home burning.
You might also think that the chances of dying in a crash involving a plane
are greater than those of an automobile crash in the event that you've read many
articles about them in recent times.
Create a daily routine to consider the psychological shortcuts that lead to
bad decisions. Be aware of the false beliefs you make about events or people and
you might be able to become a bit more objective.
Take a look at the other side
It is more likely that you believe that something is real once you've decided
that it's. It's a psychological principle known as belief perseverance. It takes
more evidence to alter an idea than it did to establish it, and there's a good
likelihood that you've cultivated assumptions that don't serve you well.
It is possible that you think you're an unprofessional public speaker and you
avoid speaking in meetings. It is also possible to believe that you are not good
at relationships so you stop going out on dates.
You've also formed beliefs about certain people. Maybe you believe that
"People who work out a lot are narcissists," or "Rich people are bad."
The beliefs you believe are always true or 100% accurate may cause you to go off the rails. Disputing the contrary is the best way to challenge your beliefs.
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