Decisions and Outcomes

If I ask you for an example of a good decision you’ve made in the past, I am likely to hear about one where you had a successfull outcome.

We often get clouded by potential outcome when it comes to decision making. This combined with the fact that we dislike losing significantly more than we enjoy winning, skews our decision making toward status quo.

Something I find helpful is drawing a simple decision tree. It forces me to quantify my desired outcome in some shape or form and to think about probabilities for different scenarios. It usually shows me a ton of scenarios that I had not considered before, and it painfully highlights that most of what drives the outcome is out of my control.

I cannot predict the future, and neither can you. What we can do is structure our thinking to make calculated decisions and be prepared for a range of different outcomes.

Now go, make a decision.