Tag archive for ‘decision making’
Decision Making & Muscles
According to new research people experience decision fatigue. After a whole day of deciding what to wear, where to eat, and what work can be put off until tomorrow you get tired—so tired that you may end up making increasingly poor decisions as the day progresses.
Turns out our decision making ability is a muscle and it gets exhausted—just like our legs do after walking up the stairs when the elevator is down.
This is a scary …
The Gut Feelings of Leaders: Two Books You Should Read
In this world of pressure, uncertainty and speed, leaders are all too often overwhelmed by the need to make decisions, while not having all the time all the information we need to optimize. Some would hope that leaders would use methodical cost-benefit analysis–sometimes there is not simply enough time to be so analytical. Sometimes optimization is a myth. Economists put their faith on the ability of individuals to estimate the expected benefits of taking action. …
