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Decision Making Essay | Difference Between a Good Decision and a Bad Decision
October 18, 2021 by Prasanna
Decision Making Essay: Making decisions is an essential skill for many professions, but it’s also a skill that we need in our personal lives. We need to be able to make decisions not just for ourselves, but also for the people around us. The ability to make decisions is a skill that is mostly learned through experience. However, other ways to improve decision-making skills also exist – such as reading, researching, talking to other people as well as analyzing different sources of information.
Regardless, it is important to make decisions on your own. The first thing that you should do is to define the problem that you are trying to solve. You want to know why a decision is needed, what it will change about your life, and what’s important to you about the decision. After reviewing all of these factors, you should come up with some options for which way you want to go about solving the problem. In this essay, we shall explore the factors that influence the process of decision making as well as the repercussion of poor decision making.
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Difference Between a Good Decision and a Bad Decision
One of the most important things to do when making decisions is to know the difference between a good decision and a bad decision. The primary difference between a good decision and a bad decision is the impact that it has on your life. As the name suggests, a good decision is one that has a positive impact on your life, while a bad decision will have a negative impact on your life.
Moreover, good decisions will usually lead to more opportunities. However, when you make bad decisions, it can have repercussions which are not immediately apparent, but can have long lasting consequences. To sum up, a good decision is one that achieves the desired goal. A bad decision is one that does not achieve the desired goal or achieves it in an undesirable way.
Why is Being Able to Make Decisions Essential for Success?
If you are able to make decisions quickly, you are more likely to be successful. The ability to make decisions quickly has always been an important part of being a successful professional. One of the most important skills required for making decisions is the ability to accept uncertainty.
There will always be unknowns when it comes to making decisions. As much as we try, there may never be enough information when it’s time to make a choice. However, making successful decisions requires you to process and interpret large volumes of data. Doing so is an effective way to ensure that the decisions made are well-educated and informed. Moreover, in a world of increasing complexity, it can be overwhelmingly hard to make the right decisions, hence, data analysis is an excellent tool for decision makers to use.
How to Become a Better Decision Maker?
Each day we make a series of decisions, from what we have for breakfast to which job to apply for. But how can we make better decisions?
Here are a few tips to consider when making important decisions:
Define the Problem
Before you can make a decision, you need to understand the issue at hand. When faced with a problem, take some time to figure out what is going on and why this is an issue. Moreover, learn to think critically about the problem you are trying to solve.
Be Aware Of Your Personal Biases And Beliefs
One of the most dangerous biases we have as humans is our confirmation bias. This bias happens when we selectively search and interpret information to confirm our preexisting beliefs. Unfortunately, this bias is very common and can lead to poor decisions, such as not hiring a new employee because they don’t fit into a desired archetype.
Gather information
You need to gather all the information you can on the problem. This starts with understanding the problem, but also includes your understanding of the context for this problem.
Consider alternatives and different perspectives
There are many benefits to being decisive, but there are also drawbacks. Remember to consider all points of view when making a decision. For example, you may think your idea is the best for the company, but if you provide feedback or ask others for their thoughts, they may give you new ideas that will better suit the company’s needs.
Take time to analyse and evaluate your decision
It can be difficult to think objectively and analyze your decision when you’re in a hurry, but it’s often helpful to take a step back and evaluate things more carefully. This is important because we might find new insights or different perspectives.
Tips to Consider When Making Decisions
Following are a few tips and points to consider when making an important decision:
- Ask yourself what outcome you require
- Consider what happens if you take action and also if you don’t
- Think about how much time and energy would be needed for the decision you need to make
- Consider the probability of achieving your desired outcome or goal if you take this course of action or if don’t take any action at all
- Think about the pros and cons associated with your chosen decision.
Biological Process and Mechanisms of Decision Making
Our brain controls most biological processes in our body. It is also responsible for controlling external factors like our intuition, past experiences, learning as well as decision making. Human emotional response is governed by two information-processing systems:
- Affective system: The affective system is a part of the human nervous system that is responsible for emotional arousal. Mechanisms in this system are not always logical and therefore less controllable. In other words, it’s the part of the brain that says “I’m hungry!” when you see a picture of a pizza or make you laugh when someone trips over their shoelace.
- Cognitive system : The cognitive system is activated when the person has to make a decision based on their thoughts. This system is more controlled and can override the affective system when making decisions. It’s vital to help control emotions, since it can affect how people make decisions.
These two systems are deeply intertwined with one another and impact cognition and the decision making process.
How the Environment Shapes our Decisions
Since the 1960s, environmental psychologists have proposed that our surroundings can affect our decisions, behaviors, and thoughts. These scientists have found that the physical environment may be an important factor in decreasing crime rates, increasing recycling, and improving academic performance. For instance, a study of 54 third graders found that children who were given a messy desk to work at were less likely to do their homework than children who were given perfectly neat desks. Many studies also showed that the environment in which an individual is brought up can influence certain behaviour. For example, a study by researchers from Cornell University found that there is a positive correlation between the wealth of an individual’s family and their academic performance. The study showed that families with incomes of $250,000 or more had an average GPA of 3.5 while the national average was 3.1. Other factors such as political uncertainty, economic instability or natural disasters can also hamper decision making processes.
Decision making skills are important for life, it is a skill that can help shape our futures. It influences how we spend our time, who we spend our time with, and what we do with the limited resources that we have. Moreover, we need to be able to make decisions not just for ourselves but also for the people around us. Hence, it is always better to be prepared and well-informed before making an important decision.
FAQ’s on Decision Making Essay
Question 1. What are the 5 stages of decision-making?
Answer: When making decisions, humans go through 5 specific stages. These stages are:
- recognition of the problem
- defining the problem
- generating possible solutions
- evaluating possible solutions
- choosing a solution
Question 2. Why is decision-making important?
Answer: Decision-making is one of the most important skills that everyone needs to have. It is the process of choosing between two or more things. Moreover, the decision that you make will have an effect on your life, so it’s important to do your research before making a decision.
Question 3. How to make a good decision?
Answer: In order to make a good decision, the individual should have the knowledge and skills to break down a problem into its constituent parts. They need to be creative in order to generate a range of possible solutions. They also need to be able to weigh the consequences of each solution and identify potential trade-offs. Finally, they need to implement a decision which is deemed feasible for the current problem.
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Home — Essay Samples — Business — Management — Decision Making
Essays on Decision Making
Decision making is a crucial skill that affects every aspect of our lives, from choosing what to eat for breakfast to making major life-changing choices. That's why writing an essay about decision making is so important - it helps us understand the process and improve our skills in this area.
When it comes to choosing a topic for your decision making essay, the possibilities are endless. You could focus on the psychology behind decision making, the impact of decision making on personal relationships, or the role of decision making in leadership. The key is to choose a topic that interests you and allows for meaningful exploration.
For an argumentative essay on decision making, you could explore the pros and cons of different decision making models, the ethical implications of certain decisions, or the impact of group dynamics on decision making. If you're more interested in cause and effect, you could examine the consequences of specific decisions, the factors that influence decision making, or the relationship between decision making and risk-taking.
If you prefer to share your opinion, you could write an opinion essay on the best decision making strategies, the most difficult decisions you've had to make, or the role of intuition in decision making. And for those who want to inform and educate, an informative essay on decision making could cover decision making biases, decision making in the workplace, or the science of decision making.
For example, if you're writing an argumentative essay on the impact of decision making on personal relationships, you could start by stating your thesis: "Effective decision making is essential for maintaining healthy relationships." Then, you could provide examples of how decision making can either strengthen or weaken relationships, backed up by research and personal experiences.
In the of your decision making essay, you could set the stage by discussing the importance of decision making in everyday life and providing a brief overview of the topics you'll be covering. In the , you could summarize your key points and leave the reader with some food for thought, such as the importance of making conscious, well-informed decisions.
So, whether you're writing an argumentative, cause and effect, opinion, or informative essay on decision making, there are plenty of topics and examples to explore. Good luck with your essay!
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Home / Essay Samples / Business / Decision Making / Making Informed Choices: the Importance of Decision Making
Making Informed Choices: the Importance of Decision Making
- Category: Life , Business , Education
- Topic: Decision , Decision Making , Personal Statement
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