Andrew Petrosoniak’s Post

Right question is the first step to solution. _A short video on Decision Making.

Is gut instinct clouding your decision making? Cognitive biases can often lead to flawed judgments based on incomplete information. Our brains naturally look for quick links and simple causal explanations – but these can prove too easy to be true. To overcome these biases, competitive intelligence plays a vital role. By systematically benchmarking competitors with objective fact finding and regular updates (rather than a once-off exercise), leaders can make more informed decisions grounded in facts rather than intuition. Competitor Benchmarking, done right, is a powerful tool to keep our brains honest and our business strategies sharper. https://lnkd.in/eyc8YT_A #cognitivebias #competitorbenchmarking

Effective Decision Making is a skill that improves with practice & self-reflection. Image courtesy: Online Resources

Clearly defining the goal will help guide decision making and help align actions towards goal achievement.

#Thinking Time In Decision Making at Time of its Execution while discussing with Group of Decision makers we are struck on two Options which are evenly Balanced in terms of Advantages. I was just wondering that in most of cases for finalising Decision we Toss the Coin can we Experiment it in Decision Making? Your opinions are Welcome.

💡I’ve finished a course on Decision Making 🏆 The course provided valuable frameworks and strategies for making effective decisions in complex scenarios. I’m excited to leverage these new skills to improve decision-making processes and contribute to impactful outcomes. #DecisionMaking #StrategicInsights #ProfessionalDevelopment #GrowthMindset

Information drives decision making processes. The more informed you are, the better decisions you'd make. Information drives decision, decisions drive results. To get better results, make better decisions, and to make better decisions, get better information. Get informed today 💡

Try to Quantify things helps in better decision making

A great decision at the right time can lead to a competitive advantage or positive customer impact. In the 2-day Effective Decision Making program, Professor Nathan Kuncel shares actionable and practical techniques for sound decision making. Participants will return to work with a decision checklist and other templates that can be used to help make important decisions rigorously. Learn more & register: https://bit.ly/3SjZn4r #carlsonexec #carlsonproud #csom #umn #umnproud #executiveeducation #leadershipdevelopment #leadershiptraining

Metrics are key to decision making. But they can also bog you down. Over reliance on them can cause vanity metrics, red herrings, or irrelevant data to get in the way of effective action. Focus on that which you can actually control and influence: the rest might be doing more harm than good to your decision making process.