The decision making process means making the right decision and getting the desired result after turning it into action.

No matter what we decide, we hope the decision is right and the purpose for which it was made is fulfilled.

Being able to make the right decisions is very important for leadership and success in any field. Those who can make the right decisions, others rely on them, hand over the leadership to them.

Some people are very good at making decisions, while some people are very wrong in most of their decisions. Many wise and experienced people cannot make good decisions in many cases. In fact, it is important to follow the right process to make the right decision. In addition, some mental limitations have to be overcome.

It is often difficult to master this right process and avoid making wrong decisions if you do not overcome emotional barriers or limitations.

In this article we will give you a clear idea about the decision making process, what are the mental limitations responsible for making wrong decisions, and how to overcome them.

Let's get started then:

What is the decision making process?

According to researchers at the University of Massachusetts in the United States , in general, the decision-making process is to gather information and analyze information on a particular topic, to choose the right job, or to come up with the right idea.

If a decision is made after going through certain steps, in which there is an opportunity to think of alternative solutions in addition to analyzing the necessary information - then the decision is more likely to be correct.

Let's take a look at the scientific steps to make the right decision:

Step 1: Gather as much information as you can about the decision you want to make. When deciding on a job, try to gather all the information about that job. When making a decision about a person, gather as much information as possible about the different aspects of that person.

Step 2: Do not blindly believe the information you have received. Verify the information thoroughly. When you get information from one place, try to gather the same information from another, and see if there are any inconsistencies between them. When hiring a new business partner or employee, try to get information about him from different places. And try to find the right information by combining them.

Step 3: Try to think from different angles, not just one. Intelligent people think differently before making any decision. And think of different solutions to a problem and try to understand what can happen if you apply them.

Understanding the consequences of any decision in advance is essential to making the right decision. Take the time before making the necessary decision, test - but then implement the decision with a clear idea of ​​the outcome.

Psychological causes and solutions to wrong decisions:

However, many people make the wrong decision in the way mentioned above. Because of some mental barrier they do not understand the right thing. Even if there is a lot in front of their eyes, they cannot see it. - This is why they fail to make the right decision.

Suppose you are researching a new product. You think the market demand for the product is good. The information you collect also indicates that.

All in all you decided your product would do well in the market, and you left it on the market. He also did a big marketing campaign.

But in reality the product failed. Sales did not go as far as you had hoped. And you suffered huge losses.

Most likely the mistake you made is called "confirmation bias" . You are not judging the information in a neutral way, you are just looking at the information you need to prove your point.

This is one of the emotional barriers behind making the wrong decision .

Many people make the wrong decision even after following the correct information or method due to some more such mental barriers.

Published in 1972, "Judgment Under Uncertainty." In the book, psychologists Daniel Kaneiman, Paul Slovich, and Amos Tiversky explain the psychological barriers to decision-making.

It is a tendency to make irrational and biased decisions. For example, you may not look at all the information that supports your idea - just think about it - and therefore make the wrong decision. "

4 mental barriers to decision making and their solutions:

01. Try to be very sure about the results

The most convincing thing is when one only pays attention to the information that supports his ideas, and avoids the rest. This increases the likelihood of making one-sided decisions and most of the time they are wrong.

A 2013 study by researchers from Yale University, Ohio State University, and Cornell University reported that people with mental disorders also look at statistics one-sidedly. They just focus on what they want to see.

Even if it is seen that in a survey of 100 people, 80 people have given their opinion against it, they do not look at it and focus on the opinion of 40 people.

Avoidance strategies:

You need more than luck to succeed in affiliate business. No matter what you decide, big or small, always try to get the opposite opinion or information, and think deeply about them. Although not necessary, bring this practice in every case. Even when deciding what to eat for breakfast - practice it.

Try to walk with different types of people, and try to have different opinions on each subject. And don't just sit back and think about these things. And try to judge the true rationale of your own opinion and dissent in an impartial way.

Challenge yourself at all times. And try to know beyond what you already know about a subject, and try to apply this new knowledge.

When you have the mentality of accepting different opinions, or arguments, it will be easier for you to look at the information objectively.

02. Extra quick decision making

People who have this problem are usually restless people. Such people do not want to give enough time to collect information . It is true that they collect information, but they want to make quicker decisions based on the information they receive initially.

They make the final decision based on the "first impression" . It often leads to wrong decisions.

Take a businessman as an example. Who is looking for a new accountant. An accountant heard about it from a friend and decided to hire him. As a formality, he just looked at the CV - he didn't even look good. Somehow he gave me a job with an interview. Some even avoided comparing it to others, or calling it a formal interview.

As a result, he probably didn't get the best accountant he was supposed to get. Many people face financial and other losses due to such quick decisions.

Avoidance strategies:

In the midst of stress, many people make extra quick decisions, and many of them are quick to act without much fuss. While there are some good aspects to this, the risk of damage is greater if you rush it.

If you also have this problem, think about the consequences of rushing into a decision. It will help you to understand the matter.

Before making a decision, think about how much time you actually have to make that decision, then try to make the most of that time. If you have two days on hand, control your tendency to make decisions in 2 hours.

One thing to keep in mind, if someone pressures you to make a decision too quickly - most of the time it is done to keep you from thinking. If the other party asks you unnecessarily, you will understand that maybe he doesn't want you to think about it well. He has a vested interest behind it, which will not be good for you.

So do not make hasty decisions in the face of such pressures. And even if such a request comes from within you, take some time. Try to make the most of the time you have to make decisions. You see, there are a lot of things that come to mind - things that haven't happened before. This will greatly reduce the chances of making a wrong decision.

03. Extra confidence

Confidence is certainly a good quality. Without it, people can't really do any good. This is an important part of the decision making process. But it is also dangerous to have too much confidence in one's own intellect and knowledge.

As Bill Gates once said, "Success is a bad teacher. He convinces intelligent people that he can't make mistakes."

After a long period of success and praise, in fact, many intelligent people fall into this trap. And that's when they make the wrong decision . This is why many intelligent and powerful entrepreneurs / rulers / generals who succeed in their endeavors come to the end and make a mistake - which ends them all. Many such people have ended themselves by making all the ridiculous ridiculous mistakes.

No one else's advice seems to work for them anymore. They think they understand better than anyone else. "I understand better / I have the ability to understand better", - this is self-confidence and "I understand better than everyone / No one understands better than me" - This is arrogance or overconfidence. Once this kind of thinking enters people, it means the beginning of its downfall.

Wrong decisions made out of overconfidence lead to the downfall of people.

A 2000 study by researchers from Oakland and Georgia State University in the Journal of Business Venturing found that entrepreneurs were more confident than the general public. Many people misunderstand the scale of their true knowledge and skills and their ability to handle risk - which puts them at risk.

Because of this mental barrier, many successful people end up moving away from the right decision-making process, and cannot sustain their own success.

Avoidance strategies:

Following these few points will save you from this curse

* Think of yourself as a student at all times:

Jack Ma, Elon Musk, Warren Buffett - biographies of great entrepreneurs or successful people, they are always trying to learn something new. Never let yourself think that you know everything. That is never possible for a human being. Read books every day to learn something new, or do something else. If you do this, you will discover every day that you did not know something. This feeling will save you from being arrogant - and not feel omniscient when making decisions.

* Get other people's opinions on any topic:

No matter how well you understand a thing, try to get the opinion of others before making a decision. Compare that opinion with your own opinion, and try to understand whether your opinion or idea is really good. In this case, without thinking one-sidedly, judge on the basis of information and reality. Feel free to accept if the other one is good. Don't indulge in ego . Have the mindset to admit and admit your mistakes - then don't fall into this trap anymore.

04. To judge everything by molding

Some people judge everything from a certain meditation concept of its own. Suppose a female CEO is a huge feminist. He thinks all the men in the world are incompetent. Even if a man is more qualified, he may not hire him, or give him a decent salary-promotion. As a result, a good worker will leave him whenever he gets a chance. Again many think girls are incompetent. Maybe she didn't hire someone just because she was a girl - this would deprive her of a good worker.

Not just boys and girls, different people have 'allergies' to different types of people. Some maintain relationships with people by judging certain areas, constellations. - This kind of mentality often leads to wrong decisions.

Again, some people make new decisions based on previous events. For example, the demand for jeans and polo t-shirts in the market was good from 2015 to 2016 - based on this information alone, if someone invests all his capital in 2019 - then he may lose his capital. Such trends have subtle patterns, which cannot be understood simply by relying on such small concepts.

It takes a night to change the market trend. However, it is possible to get a glimpse of it if one really keeps his eyes and ears open and researches the information in the right way.

Avoidance strategies:

The only way to avoid this problem is to skip the decision-making process. Every situation and people are different. Just as a person's true worth cannot be measured by their appearance or clothing, the market potential of a product cannot be verified by judging how many years ago people bought it.

Instead of making decisions about people based on their appearance, gender, home, etc., make decisions based on their work and behavior. And instead of making a decision just by looking at the data figures, make a decision by doing real analysis. If necessary, take the help of experts. - Then the chances of surviving such a wrong decision will increase.

To be honest, it's really a little hard to understand whether there are such mental barriers inside you. Basically these work in the human subconscious mind. Many times others also do not understand why a person is making wrong decision even after following a good decision making process. - The main reason for this is the subtle mental barriers described above. If you can overcome these, you can go a long way in becoming a good decision maker.

My efforts will be successful only if this article helps you to understand the right decision making process and to take a real look at your own limitations.