“The most difficult thing is the decision to act, the rest is merely tenacity.” - Amelia Earhart Definition * Decision-making is..".In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities.” (Wikipedia). * Decision-making is either... + 1. The gut-level response we have to choose one path over another (System1). + 2. The active, critical-thinking process of applying wisdom to several options in order to find the best one (System 2)
Research * Start with WHY + What’s the purpose? + Famous Decisions: 1. JFK’s team deciding to have the top down on his car that he rode through the streets in - which led to his assassination 2. Rosa Parks deciding toast down on a bus and jumpstarting the civil rights revolution 3. MLK’s speech - deciding to go off his notes and talk about “I have a dream” * The psychology of decision making + Thinking fast and slow by Daniel Kahneman. System 1 vs System 2 thinking. + We make decisions based on what we perceive as best and that is either an active perception (kaneman) or passive. Actively being aware of our biases is crucial * How we go about actively making choices + Get active - Don't settle for status quo...which will be a conglomerate of how your family and friends make decisions. Get active, stop apathy. Own your choices. + Determine your defaults + Determine other influences - Biases like advertisements, confirmation bias, etc. * (Re)Designing our Defaults + We have to redesign our lives so that we make better decisions by default + With bigger decisions, we need a framework for judging that becomes our default. We have to measure the options we have by the truth and our sense of self and calling. * Defining our Process to making a decision + Decision-Making Framework (From TRG blog posted last week) - Remove self from individual moment and look at big picture - Eliminate emotion as much as possible (and replace with rational logic) - Seek counsel, but don’t give up the decision-making responsibilities 1. Must seek counsel from the right people - experts, and those who have your best interests in mind 2. The best advisers will never make the decision for you - Trust your gut! (Arguably the hardest part) 1. If you have wrestled with the decision for long enough and still don’t have a clear answer, you will have a gut reaction (usually from early on in the process) that, if well-informed, will almost always be the right decision. 2. "The most difficult thing is the decision to act, the rest is merely tenacity." –AMELIA EARHART - Never Look Back! 1. The only place to move towards after making a decision is forward! 2. http://www.thaneringlergolf.com/blog/2016/10/18/the-summer-of-2016
For all the resources and a full breakdown of the episode, check out the show-notes here: www.theupandcomersshow.com/episodes/fyco