Avoid PitFalls Every decision maker needs to know the psychological forces that block intelligent decisions to guard against the pitfalls. For the individual decision maker, there are several unconscious barriers to decision-making:
a)Being out of touch with our feelings and values will block clear thinking. This also leads to accepting te way things are. People become resigned or detached and say "I don't care" but more accurately, they are paralyzed -unfeeling,unmotivated, uninvolved and indecisive.
b)Self-doubt,anxiet,depression,suppressed anger and a lack of hope interfere with decisions and may even lead to self-defeating acts.
c) An exaggerated notion of oneself may also lead to bad decisions -unwise decisions may be made just because they make us look important or successful for the moment.
d)Being overly dependent -desperate to agree with someone, wanting to be liked glory for self-sacrifice, or just being afraid towaves -Handicaps the decision maker.
e)Wishful thinking in many forms - perfectionism,wanting it all, wanting simple solutions, hoping something better will come along -messes up decision making.
f)If we abuse ourselves after making a poorure. decision, we will avoid making decisions in the furture.
g) If certain outcomes scare us, we may not seriously consider these alternatives although they are good ones.
h)Sometimes our emotions cause us to rush decisions or drag them out. Both can be disastrous.
10 Most Dangerous Decision Traps 1.Plunging In you gather information and reach conclusions without first taking a few minutes to think about the crux of the issue you're facing or to think through how you believe decisions like this one should be made.
2.Frame blindness you set out to solve the wrong problem because you've created a mental framework for your decision, with little thought. This causes you to overlook the best options or lose sight of important objectives.
3.Lack of Frame Control You don't define the problem in more ways than one or your're influenced by the franes of others.
4.Overconvidence in Your Judgment You're too sure of your own assumptions and opinions, and fail to collect key factual information.
5.Shortsighted Shortcuts You trust the most readily available information or rely too much on convenient facts.
6.Shooting from the Hip You believe you can keep in your head all the information you've discovered and don't follow a systematic procedure when making the final choice.
7.Group Failure You assume that with many smart people involved, good choices will follow automatically. You therefore fail to manage the group decision-making process.
8.Folling Yourself about Feedback You fail to correctly interpret the evidence from past outcomes for what it really says either because you're protecting your ego or because you're tricked by hindsight.
9.Not keeping Track You assume that experience will make its lessons available automatically. You therefore fail to keep systematic records to track the results of your decisions and fail to analyze these results in ways that reveal their key lessons.
10.Failure to Audit Your Decision Process You fail to create an organized approach to understanding your own decision making so you remain constantly exposed to all the above mistakes.
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Name : Jonathan Tan
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