Approaches to Decision-Making
– The rational model vs. the intuitive model: Evaluating options step-by-step vs. relying on instinct and feelings.
– Combining rational analysis with intuition for enhanced decision-making.
Strategies for Effective Decisions
– Assessing criteria against personal preferences and needs.
– Introducing SWOT analysis for decision-making in organizations.
– Exploring Pareto analysis – prioritizing factors that lead to the majority of results (80% from 20%).
Data-Driven Decision-Making
– Extracting insights from data to inform decisions.
– Emphasizing the value of critical thinking in data analysis.
Critical Thinking Approaches
– Challenging assumptions and beliefs to be a critical thinker.
– Techniques like NLP and CBT for challenging thinking and beliefs.
Thinking Probabilistically
– Considering the most probable outcome in decision-making.
– The influences of decision-making and using techniques for envisioning the future.
Decision-Making Tools
– Prioritization checklists, confidence rating, and mental contrasting.
– Understanding the Ulysses contract for planning the future.
Learning from Past Decisions
– Using backcasting and prospective hindsight to learn from failures.
– Sharing personal anecdotes to engage and emphasize the importance of recognizing biases.
Encouraging Continuous Improvement
– Acknowledging that good decisions are not guaranteed.
– Taking responsibility, learning from experiences, and striving to improve decision-making abilities.
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