Three Ways to Better Decision Making

A critical component of Better Decision Making is knowing your own biases, concerns, and time constraints. It is important to know what makes you make decisions, as well as your moral compass. Once you understand these factors, you will be able to better understand your actions and make the right choice. Listed below are three ways to improve your decision making skills:

Identifying your biases
If you want to make smarter decisions, identify your biases and challenge them. Identifying your biases is easier than you may think. It is best to analyze yourself and your decisions first, so that you can be sure that you're not making a decision based on your own prejudices. In addition to identifying your biases, you should consider collecting data, asking others for feedback, and doing research on the topic. Finally, remember to be flexible and open-minded.

Identifying your moral compass
The idea of identifying one's moral compass is not new, but it can be helpful for better decision making. While a compass is a guide, it is not a predetermined course of action. Ideally, one's moral compass points towards the pursuit of a flourishing life, leaving room for regrets. It is a good idea to explore your moral compass with the help of an outside tool.

Developing a process to make better decisions
In a recent Ted Talk, Matt Confer outlined three steps to better decision making. These steps include: engaging stakeholders, explaining the decision-making process, clearly communicating expectations, and evaluating the results. In addition, these steps will make it easier for managers to understand what works and what doesn't, ensuring that they are making the best possible decisions for their organization. After following these steps, you will be well on your way to better decision-making.