Decision Making
When you’ve made the wrong decision
We all make mistakes. We know that. We’ve probably all met someone within our careers who seems not to allow for any degree of human error, but the best corporate environments allow employees to admit mistakes without fear of retribution and learn from them. “The only man who never makes mistakes is the man who never does anything.” Theodore Roosevelt What do we learn from mistakes? Well… We learn how not to do something Mistakes are important as they teach us about ourselves and our environment There is a reason that there is a whole theory of learning involving trial and error; because it makes us learn. In a real-world environment, this is often the fastest and most practical way to learn skills; a baby learning to walk, a team member managing their first project, a healthcare worker to take bloods …
Decision making pit falls
Many decisions we make are big ones and some can be life changing So how can we make sure we’re making a good choice? First of all, there isn’t always a wrong or right answer. Few things in life are black and white. We will all have preconceptions and prejudices that colour our perspective on a situation. We’ve thought of a few pitfalls to avoid during the decision-making process: Sampling and misrepresentation In 1998, Dr Andrew Wakefield published a study in the Lancet medical journal that identified a link between the measles, mumps and rubella (MMR) vaccine and an increased chance of developing autism. As a result of this ‘finding’, vaccine rates in the UK dropped by as much as 20% over the following decade, leading to outbreaks of all three diseases. Having examined a sample of children far too …
Seven top tips for decision making
Top tips for decision making Why are decisions often scary? Because decisions lead to action and action means change. Change is often a step into the unknown. While we can never be 100% sure we are making the right decision, there are steps we can take to ensure that we are making the best decision we can. Don’t panic buy (or choose!) We’ve all agreed to attend a social occasion and then instantly regretted the decision, or impulse bought a flashy new gadget or pair of shoes that we’ve never used or worn. While making snap decisions isn’t always a bad thing, you don’t want to make major life or business decision on a whim. Play devil’s advocate Plan ahead. Weigh up the risks. What if everything that can go wrong does go wrong? What if you discover you’ve made the wrong …
Four Types of Decision
Decision making Making decisions. Whether you’re the kind of person that makes decisions easily or you take 10 minutes to choose which socks to put on in the morning, this is something we do countless times a day, every day. While some decisions may be fleeting and relatively inconsequential (what to have for breakfast or what colour trousers to wear, etc.), others will have a lasting impact on our lives and the lives of others. We will all come across situations where we will have to make important decisions. Let’s look at the types of decision we might make: Autocrative– This is a decision you make on your own and take full responsibility for the outcome of. Consultative– 2 heads are better than 1! How about 3 or 4? Consultative decision making considers the advice and experience of others to …