by SP Singh | Jul 16, 2023 | Decision making
In business and life, we usually know our next step. It could be an investment decision, dealing with business problems or making critical decisions on available opportunities. Generally, we understand what our next step should be. However, calling another meeting,...
by SP Singh | Jul 9, 2023 | Decision making
Sometimes it takes a few times to start liking a song. It does not impress us the first time. But we eventually start loving it as we hear it more and more. It may take us some time to start liking a dish. The first few times, we may swallow it. But, eventually, we...
by SP Singh | Jul 7, 2023 | Decision making
In a business, we may decide to slow down, stop, or take a breath. We must know that while slowing down, the world around us will continue to move ahead. The market growth, technological advancements, and competition continue to move forward and challenge our business...
by SP Singh | Jun 21, 2023 | Decision making
We often make decisions based on emotions and justify them logically. But what can we do about emotional decision bias? Consider formally reviewing and refining decisions with a fresh perspective, new data and experience. Consider the following examples: In the...
by SP Singh | Apr 5, 2023 | Decision making
It’s common to believe that we, as humans, are logical and rational. We are making decisions based on facts and reasoning. However, this notion is far from reality. The truth is that stories play a significant role in our decision-making process. In fact, when...
by SP Singh | Mar 28, 2023 | Decision making
As leaders, we are constantly faced with an overwhelming number of choices in our daily lives. From selecting a movie on Netflix to choosing a logo for our companies, the options are endless. We understand that it can be easy to get lost in the sea of options and...
by SP Singh | Mar 7, 2023 | Decision making
We all have moments when we’re faced with a decision that we know we need to make, but we just can’t seem to commit. Maybe it’s because we’re afraid of failing, or because we’re not quite sure we have all the information we need. Whatever...
by SP Singh | Feb 15, 2023 | Decision making
We often love to take pride in our rational decisions. We like to think that we base our decisions on data and facts. But, believe it or not, we often make dumb decisions! So, why do we make dumb decisions? This is because our emotions primarily drive our decisions....
by SP Singh | Feb 8, 2023 | Decision making
As customers or executives, we possess a position of power. We have service providers (vendors/employees) to offer services in exchange for currency. The service providers are trained to serve. A few learnt on the way that ‘customer is always right’. A few of them...
by SP Singh | Jan 20, 2023 | Decision making
Getting Managers to make a decision can be challenging at times. As a Business owner/Project sponsor, try to estimate the cost of making a decision by your Managers. It is the total of the hours your team spends in discussions multiplied by their hourly rate. You may...
