The Better Decision Making Process
You make thousands of decisions each day. Many of these are simple choices that involve low stakes and low stress. Some are more challenging and require some genuine thought. A rare few require you to bring out the very best in your decision-making brains. The thread that remains consistent in all of these is that making good decisions is an essential piece of daily life.
Businesses and individuals alike have sought after ways of making the best decision possible and doing so consistently. That consistency is important. It’s what keeps you moving forward, prevents harm, and allows for a snow-ball effect of positive momentum. So let’s look at how decision making works and how you can have better decision making consistently in your daily life.
When we talk about finding high efficiency in our work, there are two important components. One is productivity efficiency, the other allocative efficiency. These are two terms taken from the economics world that we can relate to a variety of our own work and life. Combining both forms of efficiency can boost your output and allow you to maximize your productivity.
There are two main objectives when someone is trying to figure out their productivity strategy. They search out either efficiency or quality. These are used together and often pursued at the same time, but one or the other tends to stand out as your own preference. Knowing how you view productivity compared to your coworkers or partner can dramatically change how you understand each other. Let's look at your preference and how you can use it.