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"what went wrong" are examples of
redundant deliberation and failures to act.
Decision-Making
Compiled by Col Mukteshwar Prasad(Retd),
Mtech(IITD),CE(I),FIE(I),FIETE,FISLE,FInstOD,AMCSI
Contact -9007224278, e-mail –
muktesh_prasad@yahoo.co.in
for book ”Decoding Services Selection Board” and
On Line Off line SSB guidance and training at
Shivnandani Edu and Defence Academy
 Conflict: How Soldiers Make Impossible Decisions is
about making hard choices--where all outcomes are
potentially negative. From data drawn from interviews
conducted with soldiers about the situations they faced
and the decisions they made at war ,author explores
 The cognitive processes associated with choice,
 Commitment to action and (sometimes) error,
 Goal directed thinking,
 Innovation and courage.
 Conflict invites readers to consider their own responses
under extreme circumstances and ask themselves how
they would choose between difficult options.
 It will help readers understand what it feels like when
choosing between least-worst decisions.
Introduction
 Decision-Making
 Chocolate or Cake?
 Play or Study?
 Work or relax?
 Heuristic(mental shortcuts our brains have developed over the
years to guide us in the best course of action help us) help us
make some choices quickly and automatically .
 Some other strategy for better outcome may be
 Maximizing vs. Satisficing (the first option that satisfies
certain criteria is selected, even if other, better options may
exist)
 Fast versus Slow thinking, and
 factors such as
 Risk tolerance and
 Choice overload
The Art of Decision-Making
 When making a decision, we form opinions and choose
actions via mental processes which are influenced by
 Biases,
 Reason,
 Emotions, and
 Memories.
 Act of deciding supports the notion that we have free will
(Ability to make own choices and determine own fates).
 We weigh the benefits and costs of our choice, and then
 We cope with the consequences.
 Factors that limit the ability to make good decisions include
 Missing or incomplete information,
 Urgent deadlines, and
 Limited physical or emotional resources.
Types Decision and methods of good decision Making
 What are the types of decision-making? –Habit and Plan
 Familiar situation-
 Decisions are often fast and automatic(Habits are useful when
you’re in a familiar situation, but new territory requires a plan),
 Based on longtime experience with what works and what doesn’t.
 Unfamiliar Situation
 Take time to weigh the potential benefits and risks when choosing a
course of action.
 More likely to make mistakes and face negative consequences.
 What is informed decision-making?
 The ability to think critically is key to making good decisions without
succumbing to common errors or bias.
 Use your Gut
 Figure out Knowledge you lack
 Plan to acquire lacking knowledge
 Look for all possible sources of information with an open mind
 Now you can make an informed decision based on facts rather than
Types Decision and methods of good decision Making
 What are the methods of good decision-making?
 A satisficing approach to making decisions involves
settling for a good-enough outcome, even if it’s flawed.
 A maximizing approach, on the other hand, waits for
conditions to be as perfect as possible to minimize potential
risks.
 Engaged in redundant deliberation tend to do two things.
 First, they keep seeking more information even though
it is evident that in doing so there is nothing new that
would help inform their choice.
 Second, they continue to oscillate between imaging
alternate future states.
 People who make good decisions know
 When it’s important to act immediately, and
 When there’s time to wait and gather more facts
Making Good decision and ascertaining it is good
 How to Make Good Decisions
 Choosing between two or more options that seem equally
appealing on the surface?
 Decision-making usually involves a mixture of intuition
and rational thinking;
 Unconscious critical factors which makes decision-
making hard to fully operationalize, or get a handle on
 Personal biases and
 Blind spots
 Steps to ensure that people make consistently excellent
choices
 Gathering as much information as possible,
 Considering all the possible alternatives,
 Their attendant benefits and costs, and
 Taking the time to sleep on weightier decisions.
Making Good decision and ascertaining it is good
 How do you know if you’ve made a good decision?
 In life, there is often no “right” decision.
 When surrounded by an abundance of options
 Decision paralysis
 Feel less satisfied with your decisions.
 May even blame yourself when really you are going
through “choice overload.”
 The key is to find ways to simplify your decision and
 Not ruminate over the many roads not taken.
What skills are necessary when making decisions?
 Panic:
 Accept panic as a natural feeling
 Sleep on your panic/Review goals and strategies until you feel
confident enough to proceed.
 Fear of Change:
 Past habits must be discarded
 Deferring to authority,
 Succumbing to defeatism,
 Procrastination, and
 Fear of making the wrong decision.
 Embrace your new ability and replace fear with
determination to achieve your goal.
 Lack of Sleep:
 Research shows that lack of sleep negatively impacts
decision making.
 Inability to Address Priorities:
 Clarify the problem and proceed with confidence rather than
be derailed.
What skills are necessary when making decisions?
 Trade-offs:
 Go back and try to renegotiate your solution. Or
 Accept the fact that everything has a price. If the decision
helps you meet your priorities, then the price was right.
 Acceptance Fear:
 If you are worried about non acceptance of decision ,then
talk to stake holders and consider their views .
 If convinced otherwise practice saying, “I am so sorry,” ever
so humbly.
 Confidence Crisis: Take a minute to review your process;
make a pros and cons list; and then proceed with
confidence.
 Fear of Failure. If you are willing to accept the praise for
success, you must also be prepared for consequences if you
fail.
 Focus on the win;
 Review your strategies;
 Refuse to be intimidated; and
What skills are necessary when making decisions?
 Keep Your Eyes on the Goal:
 Sometimes when one is close to success, the realization
hits.
 Step back a minute.
 Talk with a trusted friend or colleague.
 Never let time sabotage your own victory for the sake of
pleasing your ego.
 Watch for the Secrets Backlash:
 Telling others of your plans can result in reactions
 Keeping the secret can result in an uprising when the truth
comes out.
 Keep in mind that you don’t need to give clues.
 What you owe yourself is to make a thoughtful, honest
decision in your own best interest and/or in the interests
of those you love.
Skills for decision Making
 How can you sharpen your decision-making skills?
 Slow down the decision-making process to prevent
impulsive choices.
 Be aware of common sales strategies like nudges and
the decoy effect(human tendency to get distracted and
misguided by inferior decoy or trick options.), which
introduces a trick option to get individuals to make a certain
decision.
 Gather as much information as you can,
 Don’t allow the desires of others to dictate your
decision.

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Decision making 2.01

  • 1. "what went wrong" are examples of redundant deliberation and failures to act. Decision-Making Compiled by Col Mukteshwar Prasad(Retd), Mtech(IITD),CE(I),FIE(I),FIETE,FISLE,FInstOD,AMCSI Contact -9007224278, e-mail – muktesh_prasad@yahoo.co.in for book ”Decoding Services Selection Board” and On Line Off line SSB guidance and training at Shivnandani Edu and Defence Academy
  • 2.  Conflict: How Soldiers Make Impossible Decisions is about making hard choices--where all outcomes are potentially negative. From data drawn from interviews conducted with soldiers about the situations they faced and the decisions they made at war ,author explores  The cognitive processes associated with choice,  Commitment to action and (sometimes) error,  Goal directed thinking,  Innovation and courage.  Conflict invites readers to consider their own responses under extreme circumstances and ask themselves how they would choose between difficult options.  It will help readers understand what it feels like when choosing between least-worst decisions.
  • 3. Introduction  Decision-Making  Chocolate or Cake?  Play or Study?  Work or relax?  Heuristic(mental shortcuts our brains have developed over the years to guide us in the best course of action help us) help us make some choices quickly and automatically .  Some other strategy for better outcome may be  Maximizing vs. Satisficing (the first option that satisfies certain criteria is selected, even if other, better options may exist)  Fast versus Slow thinking, and  factors such as  Risk tolerance and  Choice overload
  • 4. The Art of Decision-Making  When making a decision, we form opinions and choose actions via mental processes which are influenced by  Biases,  Reason,  Emotions, and  Memories.  Act of deciding supports the notion that we have free will (Ability to make own choices and determine own fates).  We weigh the benefits and costs of our choice, and then  We cope with the consequences.  Factors that limit the ability to make good decisions include  Missing or incomplete information,  Urgent deadlines, and  Limited physical or emotional resources.
  • 5. Types Decision and methods of good decision Making  What are the types of decision-making? –Habit and Plan  Familiar situation-  Decisions are often fast and automatic(Habits are useful when you’re in a familiar situation, but new territory requires a plan),  Based on longtime experience with what works and what doesn’t.  Unfamiliar Situation  Take time to weigh the potential benefits and risks when choosing a course of action.  More likely to make mistakes and face negative consequences.  What is informed decision-making?  The ability to think critically is key to making good decisions without succumbing to common errors or bias.  Use your Gut  Figure out Knowledge you lack  Plan to acquire lacking knowledge  Look for all possible sources of information with an open mind  Now you can make an informed decision based on facts rather than
  • 6. Types Decision and methods of good decision Making  What are the methods of good decision-making?  A satisficing approach to making decisions involves settling for a good-enough outcome, even if it’s flawed.  A maximizing approach, on the other hand, waits for conditions to be as perfect as possible to minimize potential risks.  Engaged in redundant deliberation tend to do two things.  First, they keep seeking more information even though it is evident that in doing so there is nothing new that would help inform their choice.  Second, they continue to oscillate between imaging alternate future states.  People who make good decisions know  When it’s important to act immediately, and  When there’s time to wait and gather more facts
  • 7. Making Good decision and ascertaining it is good  How to Make Good Decisions  Choosing between two or more options that seem equally appealing on the surface?  Decision-making usually involves a mixture of intuition and rational thinking;  Unconscious critical factors which makes decision- making hard to fully operationalize, or get a handle on  Personal biases and  Blind spots  Steps to ensure that people make consistently excellent choices  Gathering as much information as possible,  Considering all the possible alternatives,  Their attendant benefits and costs, and  Taking the time to sleep on weightier decisions.
  • 8. Making Good decision and ascertaining it is good  How do you know if you’ve made a good decision?  In life, there is often no “right” decision.  When surrounded by an abundance of options  Decision paralysis  Feel less satisfied with your decisions.  May even blame yourself when really you are going through “choice overload.”  The key is to find ways to simplify your decision and  Not ruminate over the many roads not taken.
  • 9. What skills are necessary when making decisions?  Panic:  Accept panic as a natural feeling  Sleep on your panic/Review goals and strategies until you feel confident enough to proceed.  Fear of Change:  Past habits must be discarded  Deferring to authority,  Succumbing to defeatism,  Procrastination, and  Fear of making the wrong decision.  Embrace your new ability and replace fear with determination to achieve your goal.  Lack of Sleep:  Research shows that lack of sleep negatively impacts decision making.  Inability to Address Priorities:  Clarify the problem and proceed with confidence rather than be derailed.
  • 10. What skills are necessary when making decisions?  Trade-offs:  Go back and try to renegotiate your solution. Or  Accept the fact that everything has a price. If the decision helps you meet your priorities, then the price was right.  Acceptance Fear:  If you are worried about non acceptance of decision ,then talk to stake holders and consider their views .  If convinced otherwise practice saying, “I am so sorry,” ever so humbly.  Confidence Crisis: Take a minute to review your process; make a pros and cons list; and then proceed with confidence.  Fear of Failure. If you are willing to accept the praise for success, you must also be prepared for consequences if you fail.  Focus on the win;  Review your strategies;  Refuse to be intimidated; and
  • 11. What skills are necessary when making decisions?  Keep Your Eyes on the Goal:  Sometimes when one is close to success, the realization hits.  Step back a minute.  Talk with a trusted friend or colleague.  Never let time sabotage your own victory for the sake of pleasing your ego.  Watch for the Secrets Backlash:  Telling others of your plans can result in reactions  Keeping the secret can result in an uprising when the truth comes out.  Keep in mind that you don’t need to give clues.  What you owe yourself is to make a thoughtful, honest decision in your own best interest and/or in the interests of those you love.
  • 12. Skills for decision Making  How can you sharpen your decision-making skills?  Slow down the decision-making process to prevent impulsive choices.  Be aware of common sales strategies like nudges and the decoy effect(human tendency to get distracted and misguided by inferior decoy or trick options.), which introduces a trick option to get individuals to make a certain decision.  Gather as much information as you can,  Don’t allow the desires of others to dictate your decision.