Barriers to good decision-making include:
- Jumping into the decision
- Fix: Stop and frame the decision Think about what is involved.
- Shortsighted shortcuts
- Fix: Don’t rely on rules of thumb that anchor your thinking and decision-making.
- Shooting from the hip
- Fix: Follow a systematic process.
- Lack of frame control
- Fix: Do not be unduly influenced by others; consciously define your own frame.
- Frame blindness
- Fix: Frame the problem correctly to ensure that your mental framework is not causing you to overlook issues.
- Ignoring feedback
- Fix: Actively seek and analyze feedback on past experiences in reality, not ego.
- Group failure
- Fix: Do not assume that a group of good people will always make a good decision; follow the process.
- Over-confidence in your judgment
- Fix: Collect information, analyze it, and ask questions
- Not Keeping Track
- Fix: Log and analyze all results from decisions taken, and learn from the experience to improve future decision-making
- Failure to audit the decision-making process
- Fix: Create an organized approach that allows mistakes to be highlighted and improvements to be evaluated consistently.
Remember that decision-making is a process that can be developed and learned. Techniques are available and can be used qualitatively or quantitatively. Barriers can block effective decisions.
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