From the course: Problem-Solving Techniques
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Consider four simple rules for decision making
From the course: Problem-Solving Techniques
Consider four simple rules for decision making
- So let's say you've been working on a problem and you've got two possible options and you just can't decide which one to go for. Should you go for the car or the motorbike? Should you go on holiday in America or Europe? Which one of the two houses should you choose when they both have pros and cons? Should you take that risky new job or stick with the one you've got? You just can't decide. Well, I'd like to suggest four very simple ways that you could make this decision. First is that if the decision is very close, then it doesn't matter which one you choose. Both the car and the bike will make you happy in different ways. Both the USA and the Europe trips will be brilliant. So just pick one. The only tragedy will be to end up not going at all because you can't decide. I'm fascinated by this idea that the decision doesn't matter, even though it could be a really big one, like where to live. The two paths that…
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Contents
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Use intuition and logic to find a solution3m 7s
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Examine the options4m 14s
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Use a rating chart6m 6s
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Find the best solution3m 2s
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Utilize a risk analysis6m 3s
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Navigate team decisions3m 11s
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Make decisions using sensitivity4m 19s
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Account for the sunk cost paradox3m 14s
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Frame the decision: Subconscious and deliberate3m 16s
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Consider four simple rules for decision making3m 23s
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Consider implementation2m 7s
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