Underlying these myths are three common and popular ideas that don’t serve us well: First, as busy people, we don’t need to invest time to make good decisions. Second, we are rational human beings, able to thoughtfully solve thorny and high-stakes problems in our heads. Third, decision-making is personal and doesn’t need to involve anyone else.
In decision-making, too, quality thinking benefits from periods of thoughtful deceleration. These calculated pauses empower you to check and challenge your biases, consolidate your knowledge, include others and enable you to decide whether to pivot and move in a new direction or stay the course before accelerating again.
To better understand and define the limitations of what you think you know, look for contrary examples and evaluate rival explanations
20+ min read · 2020-03-02 · The Psychology of Human Misjudgment, a speech given in 1995 by legendary investor Charlie Munger, opened my eyes to how behavioral psychology can be applied to business and problem-solving. Munger,…
5 min read · 2019-10-08 · Scientists regularly remind us of the many ways cognitive biases interfere with the choices we make: the general conclusion of the field has been that decision making cannot be improved within…
3 min read · Mar 23rd · You’re risking more than just wasted time. Overanalyzing can also hold you back from pursuing new opportunities.
How you process feelings has a connection to your happiness and productivity.
And I’ve observed, the greater a person’s brain power, the more they tend to tie themselves up in knots before making a decision. They become obsessed with exploring and understanding the outcomes of all possible avenues before making the call. The reality is that you can never predict every possible outcome, no matter how smart you are.
UNDERSTAND THE FLOW STATE At work, it’s important to actively seek out the flow state, to be most productive. A state discussed by positive psychologist Mihaly Csikszentmihalyi, where you lose all track of time and you’re intensely focused on the task at hand, it is characterized by challenge (though not so much that it causes stress), so that your skills are naturally engaged and absorbed. In this state, many people feel their most productive, creative, and happy. It is the ultimate state to be on track to your best performance and output.