I was reading the HBR article, “3 Strategies for Making Better, More Informed Decisions“, which discusses three strategies for making better, more informed decisions; which are explained below. By following these strategies, you can overcome the limitations of self-serving biases and make more informed choices.
We all want to make better use of our time, resources, and effort, save money, and save time; we all want to live more efficient and impactful lives. In today’s world, technology has become an integral part of our daily lives. From smartphones to smart homes, algorithms are everywhere, and they are constantly working to make our lives more efficient and optimized.
A couple of weeks ago I wrote about a great book on making better decisions; Thinking in Bets by Annie Duke. Today, I want to introduce you to Think Twice: Harnessing the Power of Counterintuition by Michael J. Mauboussin.
Do you like making decisions? Are you good at making them? We all make bad decisions, how can we make better ones? I read books on all topics, but books about how to improve your thinking and decisions making are top on my list. With that said, one book I recommend people read is Thinking in Bets by Annie Duke; a professional poker player, and author. The book argues that decision-making is a process of making bets, and that by understanding this process, we can make better decisions.
It’s all a matter of perspective. Perspective is worth more than IQ. Cliche’s you’ve heard before; they true. Having and gaining perspective is part of growing up, few people take full control of enhacing it and most don’t.