In this episode Michelle shares what's at the root of decision paralysis and offers up tips on how to save time and energy in the decision making process
Resources mentioned in this episode:
Srinivas Rao's Unmistakable Creative Tribe
Thinking Fast and Slow by Daniel Kahneman
The Paradox of Choice by Barry Schwartz
Catching the Next Wave Podcast
Summary:
- The quality of a decision is separate and distinct from the quality of the outcome
- You have two different systems for decision making: System 1 (fast) and System 2 (slow); reserve System 2 for decisions that really warrant it
- You have a finite reservoir of energy for System 2. Decision fatigue occurs when you exhaust it.
- Even though you've been socialized to want to maximize every decision, the incremental ROI (return on investment) of time and energy isn't always worth it.
- Identify which decisions deserve to be processed with System 1, then for others, decide in advance, use rule-based heuristics, or delegate decision making
S4E12 April Rinne on the Flux mindset for thriving in change
S4E11 Katherine Rosback facilitating decisions in groups
S4E10 Dave Evans on discernment and ways of knowing
S4E09 Michele Wucker on how to think about risk
S4E08 - Don Moore on confidence and decision leadership
S4E07 - Ralph Keeney on nudging yourself toward better decisions
S4E06 - Amy Day on decision skills for parents and emerging adults
S4E05 - Carl Spetzler on the six links of decision quality
S4E04 - Alexis Gonzales-Black on org decision making and inclusive processes
S4E03 - Barry Schwartz on why we should focus on practical wisdom
S4E02 - Kathy Davies on design thinking and life decisions
S4E01 - Seth Godin on intentional decisions and dancing with fear
Season 4 Trailer: New episodes coming in June 2022
S3E08 - How do I know my decisions were the best ones?
S3E07 - How to move past overwhelm and feel more confident in decision making
S3E06 - How do I deal with elder care decisions after a parents health crisis
S3E05 - What should I do after I graduate?
S3E04 - What to do when torn between intellect and intuition
S3E03 - Should I start my own thing or look for a job?
S3E02 - Stuck, unable to take the plunge
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