3 Ways to Improve Your Decision Making

in #forecasting7 years ago


A Harvard Business Review Article for those who waste time trying to decide what to do in light of several courses of action*

To make a good decision, you need to have a sense of two things: how different choices change the likelihood of different outcomes and how desirable each of those outcomes is. In other words, as Ajay Agrawal, Joshua Gans, and Avi Goldfarb have written, decision making requires both prediction and judgment.

https://hbr.org/2018/01/3-ways-to-improve-your-decision-making

Rule 1: Be less certain.

Rule 2: Ask “How often does that typically happen?”

Rule 3: Think probabilistically — and learn some basic probability

Published by:
https://steemit.com/@justinomora

Wednesday @t 11:22AM Easter Time, January 24, 2018
WhatsApp/Telegram/Imo: +58(412)767-9222 - Skype/Slack: justinomora
Source Images: https://hbr.org

Blogging about Job Search, Relocation, Immigration, Profile Audits & Steemit Network Managment: Post, Comment & Curate: Resteem Posts & GetPaid =
$Reward = Followers/($teem x 7500)

Sort:  

Nice! I find this information has reached me at exactly the time I needed it. kudos!

Resteemed by @resteembot! Good Luck!
Curious?
The @resteembot's introduction post
Get more from @resteembot with the #resteembotsentme initiative
Check out the great posts I already resteemed.

Good work and thanks for sharing