09/14/2007

Making Decisions ... Quicker and Better

In his book The Paradox of Choice: Why More is Less (New York: Ecco, 2004), Barry Schwartz, Ph.D. elaborates on some strategies for making better decisions and making them faster…

• Learn to accept “good enough.” We all sometimes misuse our time and energy by trying to make the best choice. Ask yourself how significantly a choice will affect your life. The more minor and short-term the impact, the less time you should spend making the decision. The concept of “good enough” is difficult to embrace because it feels like you’re settling for mediocrity — but “settling” often increases satisfaction.
• Deliberately reduce the options when a decision is not critical. Base your decision criteria on your past experience.
• Spend a lot of time and energy on a decision only if the extra effort can yield significantly better results.
• Make your decisions irreversible. Always wondering whether you could have made a better decision is a prescription for misery.

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  - But They’re Only Playing
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