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Decisions, Decisions, Again – The End

One of the titles that caught my eye when I was looking for information in the previous article as a Harvard Business Review article titled, “Stop Making Plans: Make Decisions.” I thought the article was going to be about “Analysis Paralysis,” but it wasn’t.

Analysis Paralysis is when a company gets bogged down in the details so that they continually need more information to make a decisions. Typically, large companies suffer from this malady.

Yet, I’m seeing in blogs and on Linked-In a similar theme. “How do we make decisions when the future is so uncertain?”

I’ve been given a lot of good business advice over the years and probably the best was… “Its easier to recover from a wrong decision than not making a decision at all.”

Entrepreneurs often get “Geometry Paralysis.” We all learned that the shortest distance between two points is a straight line. So when we see that our “line” is starting to zig or zag, we are sure we are on the road to failure. We tend to forget that “wiggly” lines will also take us from Point A to Point B.

We also forget that sometimes wrong choices are so packed with new learning that it leap frogs us to our goal faster than if we hadn’t made that choice.

The worst thing is, if we never choose, we will always be at Point A.  I’m not a big basketball fan yet the saying applies here as well…“You always – ALWAYS – miss 100% of the shots you don’t take.” Not making a decision, will, in the end, guarantee failure.

 
Decisions, Decisions, Decisions

It seems like we have been plagued by bad decisions. Our bankers, executives, politicians have surrounded us by bad decisions. My interest peaked about decisions and decision-making when I saw Dan and Chip Heath’s latest article in this month’s FastCompany magazine. In Defense of Feelings

They talk about ethics and our taught response is to use our rational /logical thinking when dealing with ethical issues. (Did you talk about feelings in your ethics class? In mine, we were told on the very first class that we were not to use the “F-word, (FEEL)” during the semester.)

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Hello Everyone

Welcome to the site.  It has been quite an experience getting this up and running.  My plan for this page is to discuss a series of articles that I hope you will find interesting and helpful.   However this week, its just us saying hello.  If you have a topic you’d like have featured here,   Please send us your ideas.  Thanks.  Gaye