Day 177 - Art of Decision Making

The art of decision making is a crucial skill that is often undervalued. Decision making is not taught in school, but it can be learned through experience or by studying decision-making models. There are many decision-making models available, and any framework is better than none. Making good decisions quickly is essential for success in leadership and in life. Herbert Simon's decision-making model of 'satisficing' suggests that making decisions that are good enough for our needs is sufficient. This approach takes the pressure off of making perfect decisions every time. Swift and good enough decision making can lead to personal and professional transformation. Keywords decision making, skill, undervalued, models, leadership, satisficing, good enough, transformation Takeaways Decision making is a crucial skill that is often overlooked. There are many decision-making models available to study. Making good decisions quickly is important for success in leadership and in life. Herbert Simon's 'satisficing' model suggests making decisions that are good enough for our needs. Swift and good enough decision making can lead to personal and professional transformation. Titles Exploring Decision-Making Models The Undervalued Skill of Decision Making Sound Bites "Decision making is probably one of the most important skills that you can learn in life." "Learning to make good decisions and making them fast, well-informed, swift decisions will be beneficial to us in our career and our lives." "Human decision making was bound by their cognitive ability or their understanding of the environment." Chapters 00:00 The Undervalued Skill of Decision Making 02:22 The Importance of Making Good Decisions Quickly 03:19 Exploring Decision-Making Models 04:14 Satisficing: Making Decisions that are Good Enough 05:12 The Power of Swift and Good Enough Decision Making