if you ignore these 11 Reasons, you will definitely make bad decisions

 if you ignore these 11 Reasons, you will definitely make bad decisions

If we reconsider our decision and find that we have made the right decision, we will continue and our decision-making power will improve. But if it turns out that our decision was not right, we go through the decision-making process again and start looking for the right decision. Why do we do bad decision-making? To get the answer to the question, you are not supposed to ignore these 11 reasons to avoid bad decision-making.

 

Wrong information

The wrong information is mostly the major reason for any bad decision. Your information is the basis of your decision-making process.  Wrong information leads you to bad decision-making. You also need to check the way you get the information. How qualified are the people you are seeking information from? Sometimes your team is not giving you correct information due to any of its shortcomings. It is important not to rely on a single member but to meet with two or three members separately and then compare to reach the right information. 

Wrong Advice

It has become our custom to seek and give advice. People who have no experience or information about a job still advise others. You need to be careful to consult experienced and impartial people.

Unauthentic information

Today is the age of social media where there is a lot of information but it is impossible to find out how authentic this information is. Because you can't know the source of information on social media. Whenever you get information from the internet, always visit known, specific, and authentic websites or forums. Institutes have research papers section on different topics. Business people should get information from LinkedIn instead of Facebook, which is a more authentic platform. Similarly, the general public can get some useful information from Quora on any issue. 

Biased Analysis

We all have this human weakness that we don't think we are wrong. And we try our best to make our position right. So even if we get the right information, even if it differs from our own ideas, we don't care. Similarly, we analyze information according to our own thinking. In many cases, we do not have experience so our thinking is also limited. But someone else's experience and thinking can be much wider than ours. To solve this, we need to look at opposing or at least different ideologies. And analyze both types of ideas objectively.

Emotional Tendency

Emotional attachment is something that can greatly influence your decision. Marketing experts take advantage of these emotions and force you to buy things that you don't need at all. Because of emotional attachment to someone, you can give more importance to his opinion even though you had a better opinion than him. When making a decision, try not to take opinions from people whose emotional attachment may affect your decision. It is a well-known fact that you should not do business in the family because you have an emotional attachment to the family. Because of this, you can't make better decisions. 

Hastiness

There is a lot of busyness in our lives and there are deadlines in our work. People also waste a lot of their time on unnecessary things. As such, they do not have enough time to make decisions. And they make hasty decisions. In such a case, neither research is done properly nor good planning. This is how bad decisions are made in hastiness. We must think that a wrong decision made in a few moments can affect our lives and sometimes the lives of many others. So whenever you have to make a decision, do it wholeheartedly. 

False Comparison

Sometimes you need to compare different choices, options, and situations to make the right decision. But mostly we compare eggs with oranges and lead to a bad decision. It happens when you assume oversimplified similarities and ignore the additional factors between the objects.  You can't compare eggs 🥚 with oranges 🍊 , although both are round in shape, differ in all other aspects, in fact, these two have no comparison in nutrition facts, rates, weight, etc. So eggs can never be an alternative to oranges. Any decision based on such a false comparison would have a negative impact.

Optimistic Approach

We become very complacent about someone special and mostly about ourselves. We inform others about the negative effects of anything but ignore these negative effects on ourselves. as we believe that smoking kills, and informs others. But on the other hand, we do not stop smoking. We believe that negativity affects others more than it affects us. We become optimistic about our children that they are not wrong. This optimistic approach leads us to a bad decision. The right way is to have a similar approach for ourselves as well as for others while making a decision. 

Fatigue

It is inevitable to experience fatigue in daily routine. People have a high energy level in the morning when they start working. But the energy level reduces as they work the whole day. You can't make the right decisions when your energy level is too low. You are unable to think, evaluate and decide properly during late working hours. The solution is to prioritize your important decisions of the day, and plan to decide those in early working hours. Without any fatigue and with a high energy level, the chances of making the right decisions will also be high.

Distraction / No focus

Although decisions are based on information, and today is the era of information. But you face a tsunami of information with so many different theories on an issue so you are unable to focus on particular information for making the right decision. Nowadays, people mostly remain in a state of steady distraction and can't focus to make the right decision. To avoid distraction, it is necessary to choose some specific information and start to analyze it for the decision-making process.

Analysis Paralysis

In the information era, you have an abundance of information to analyze for making the right decision. You believe that more the information you analyze more will be the chances to make the right decision. People analyze the information and dig out some results at the first stage, but think to analyze these results more to find even better information. So they stuck in the loop of analysis. You must review the relevant information and set a deadline for your decision-making process. 

Decisions are an integral part of our lives. Our decisions reflect our performance, affect our relationships and determine our future. But it is a fact that we make many wrong decisions every day. We can improve our decisions if we keep these barriers in mind. Because good decisions are essential to a better future for us and those around us.