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April 23, 2012

Stereotyped decisions

Looking back on some of the decisions which we have made due to circumstances or based on emotions could be termed “bad” or irrational. Reflecting on a number of those decisions now even after being knowledgeable on what/how to make better decisions, some of these “bad”or irrational decisions are what I would still make giving the same very condition. Does that make one shortsighted and a bad decision maker?


experience

Does having a good number of years of training overtime give us the opportunity to be better informed in making good decisions?

My opinion on this is that experience would not necessary make you good at decision making rather it would better aid you through the process. Just like leadership differs with different leaders, the situation and the kind of followers I think making robust decisions differ in terms of how tough the choices available to us are. Also the knowledge stage of the likely consequences, our level of discomfort in terms of exposure to risk would be some of the factors among others that could determine how well we are able to make better decisions noting that experience is not always the best teacher.


uncertain


Not definitely ascertainable or fixed, not clearly or precisely determined….these are the words in which the dictionary defines uncertain with.

In making decisions, we are not always certain on what the outcome will be. Understanding the importance of your decision and how to set clear objectives to aid the decision process doesn’t seem to be the hard bit. For me, what seems most difficult is making decisions with bits and pieces of uncertainties.

Making decisions between choices that are present or clear to one seems pretty demanding most times; talk more of the challenge of incorporating vague, unprecise and uncertain decisions. Though it seems a tough process when confronting these uncertainties because the possibility of being able to see what consequences are likely to result is far fetched.


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