Infographic: 9 Ways To Make More Objective Decisions

Sep 28, 2017 3 Min Read
How to make objecitve decisions infographic
Why Objective Decision Making is so Difficult?

We make decisions all the time. They range from small decisions like what to wear to work to more significant ones like taking up a job offer overseas.

Whether we realise it or not, how we feel has a big impact on the decisions we make. So, how do we find a level of personal consistency, where we never look back and regret our choices?
 
Read also:Do You Make Good Decisions?
 
The key is to develop our powers of objective decision-making. This is, of course, easier said than done. Consistently making non-emotional and rational choices takes practice and self-reflection. However, it will be worth it to harness the power of objective decision-making.

Emotions are not always the enemy but they can influence you to do things you might not otherwise do if you were at your general emotional baseline.
 
This might interest you:Why You Should Be Rational About The Emotional When Making Decisions
 
Finding the right structured process to evaluate a decision or just taking some time to allow the intensity of an emotion to subside is a move in the right direction. Learning to do these things regularly can free us from undesirable emotional influence on our behaviour.

The following tips will give you the necessary tools needed to keep your emotions in check while you decide what’s going to happen next.
 





 
Infographic first appeared here.

Share This

Leadership

References:

1.Hirshleifer, D. and Shumway, T. (2003). Good day sunshine: Stock returns and the weather. The Journal of Finance. 58(3).
2.Gigerenzer, G. (2004). Dread risk, September 11, and fatal traffic accidents. Psychological Science. 15(4).
3.Iyengar, S. S. et al. (2003). How much choice is too much?: Contributions to 401(k) retirement plans. Pension Research Council Working Paper.
4.Nickerson, D. (1998). Confirmation bias: A ubiquitous phenomenon in many guises. Review of General Psychology. 2(2).
5.Hansen, K.E. (2013).  The bias blind spot and making objective decisions despite it. dataspace.princeton.edu.
6.Madrian, B.C. and Shea, D.F. (2001). The power of suggestion: Inertia in 401 (k) participation and savings behavior. The Quarterly Journal of Economics. 116.
7.Wilson, T.D. and Gilbert, D.T. (2005). Affective forecasting: Knowing what to want. Current Directions in Psychological Science. 14(3).
8.Gross, J.J. (2002). Emotion regulation: Affective, cognitive, and social consequences. Psychophysiology. 39.
9.Forgas, J.P. et al. (1983). The influence of mood on perceptions of social interactions. Journal of Experimental Social Psychology. 20.
10.Begley, S. (2014). The science of making decisions. newsweek.com.
11.Williams, P.M. (2001). Techniques for root cause analysis. ncbi.nlm.nih.gov
12.Baron, J. and Brown, R.V. (1991). Teaching decision making to adolescents. New York: Routledge.
13.High School Operations Research. (2006). Multi-attribute utility theory (MAUT). hsor.org

Alt

This article is published by the editors of Leaderonomics.com with the consent of the guest author. 

You May Also Like

Alt

Leadership Lessons for Business Owners: How to Use SMSFs for Retirement Planning

As a business owner, your focus is often directed towards the present — running day-to-day operations, making decisions that benefit your company’s growth, and driving your team toward success. However, it’s just as essential to consider your financial future. One of the most powerful tools available to business owners for retirement planning is the Self-Managed Super Fund (SMSF). SMSFs provide unique advantages for retirement planning, giving business owners greater control over their retirement savings while offering flexibility and tax benefits. In this blog post, we will explore leadership lessons for business owners and how you can leverage an SMSF to secure your financial future.

Jan 27, 2025 5 Min Read

Alt

Raise Your Game: Muhammad Ali, The People’s Champ

Roshan Thiran and Lily Cheah of Leaderonomics, and Lee Ai Jin, Malaysia’s first female boxer, share their personal thoughts on what they admired most about Muhammad Ali, how he was an inspiration and what we can hope to learn from him.

Jun 06, 2016 16 Min Podcast

Alt

Zoltan Jakab, Founder of Thinkout Events

Join Audrey Tong in this episode of The Leaderonomics Show with Zoltan Jakab, founder of Thinkout Events, shares his advocacy on using immersive gameplay and escape rooms as a great platform to enhance teamwork and facilitate communication and leadership skills.

Jan 24, 2017 27 Min Video

Be a Leader's Digest Reader