Tag: Decisions
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The Tyranny of Convenience
Convenience makes things easy… but what is easy is not always whats most important, valuable or effective. We choose between the options we see, not all the options… we’ve got to be increasingly careful that we don’t choose the path that is just easiest to see. Convenience food… is not health food. Tech companies work…
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How to Take Better Business Decisions: 50 Great Questions for Critical Thinking
A leader should be interested in developing 2 competencies in the people within their organisation: Good Decision Making (to take good choices about how to use the resources of the organisation to achieve strategic plans) Influencing Skills (because if they cannot influence their peers, people will have to involve you every time…) If your team…
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The 5 Choices that will Change your Life
Caroline Myss shares 5 Choices that will Transform your Life: Tell Truth (not Lies)Â Share Wisdom (not Woe) Take Risks (not Play Safe) Choose New Words (never use “entitled”, “blame”, “deserve”) Choose to Bless your Day
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What Slows Down your Decision Making?
Over on the Inc blog there is an article titled 20 Executives Share Lessons They Wish They Could Have Told Their Younger Selves. I share my top 4 from the full list, in the order that I think they are important. The most relevant for me was number 9, not for the “decide issues quickly” but…
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Charlie Munger’s Inverse Thinking Process
I was watching a few Charlie Munger speeches recently – Warren Buffett’s partner in leading Berkshire Hathaway. Charlie talks a lot about “Inverse Thinking”… The Inverse Thinking Process What is Inverse Thinking? Â Charlie says it is helpful to turn a question on its head. Â If you want to know what would improve the situation of…
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Avoiding Stupidity is Easier than Seeking Brilliance
I remember a question that was asked to Warren Buffett. Â “What tips would you give to someone who wished to make money?” He suggested that there were no simple tips, but then finished by saying “the best way to make money is to stop losing money.” When you begin in improving your decision making, rather…