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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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Decision Making - List of Essay Samples And Topic Ideas

Decision making is the process of selecting a course of action from a set of alternatives. An essay on this topic could explore psychological theories of decision making, discussing how biases and heuristics can influence outcomes. The implications of effective decision-making in a professional or personal context could also be examined. We have collected a large number of free essay examples about Decision Making you can find in Papersowl database. You can use our samples for inspiration to write your own essay, research paper, or just to explore a new topic for yourself.

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Essay Samples on Decision Making

This kind of an essay may be met in such subjects as Business Management, Law, Nursing, Education, and even Engineering majors because making a decision is a key element of success and a reason that can lead to failure. Writing about decision making can also incorporate case studies where a college professor asks you to reflect and analyze why a certain decision has been made. You can also browse through our decision making essay example to get a better idea of how it must be structured and why your introduction must contain enough information to keep the readers interested and inspired enough to continue. Use it as a way to check with your paper as you write and think about good topics that are close to what motivates you.

Decision Making Process of Newly Qualified Nurse

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Best topics on Decision Making

1. Decision Making Process of Newly Qualified Nurse

2. Ethics: A Guiding Light in Human Life

3. Ethical Challenges in Financial Reporting in Companies

4. Competitive Advantage: Meaning, Importance, And Realization

5. Bowling for Columbine: Decision-Making as the Core of Human Survival

6. The Importance Of Collective Welfare For Organizations

7. Investments In Voice Marketing In The USA

8. Analysis Of Purchase Decision Making Process

9. Decision Making As An Important Aspect In Every Organization

10. Research Analysis On Sexual Decision-Making Of Rural Female Adolescents

11. Team Decision-Making: Pitfalls And Solutions

12. Fema’S Future Trends And Driving Forces In Wild Card Scenario

13. Change In Circumstances For Fiat And Chrysler

14. A Design Process And Its Steps

15. Analysis Of Risk Attitudes And Financial Decisions Of Millennial Generation

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Decision Making

Essays on Decision Making

According to Craik, Rose " Gopie, (2015), the phrase “Recognition without awareness” refers to responding to questions correctly using guess attempts. This scenario mostly applies to students who like using multiple-choice tests to give answers that are short or questions that are in an essay form since they can have...

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Deciding: Direct vs. Indirect Decision-Making Deciding has always been the most critical part of determining a good deed from a bad one. Arguments on such ends have always been controversial but, authors including Keer et al. (2010) and Ormrod (2004) have conceptualized the ideal ways of deciding. Direct Decision-Making According to Keer et...

The article reports that the effect of chronic stress on social decisions According to Ceccato et al. (2018), there were cognitive effects of chronic stress on decision making which had not been investigated. As a result, Ceccato et al. (2018) deem it essential in studying the impacts of stress on...

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According to Huitt (33), a group decision is an optimum solution out of the available set alternatives originating from a participatory process in which multiple individuals are acting collectively analyzed situations or challenges, evaluate and consider alternative courses of action. People involved in this participatory process might be demographically comparable...

People are willing to avoid making important decisions that are an argument between two people ends with the flipping of a coin. Making the right choice has always had a value in society regardless of the expectations of society. It may be the reason why a person aims always to...

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The Importance of Ethical Decision Making in Business Organizations The success of any business or organization strongly lies in the hands of its management's ability to make effective and efficient decisions and at the same time observe ethical practices (Rees, Tenbrunsel & Bazerman, 2018). Thus, organizations that are fond of neglecting...

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Century presents an era of intensive technology use in management decisions. Laudon Laudon (2012) assert that technology has become an ingrained part of business decision making as they strive to attain their strategic objectives and consequently acquire competitive advantage. Information systems (IS) are among some of the main...

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Importance of Decision-Making Efficiency Decision-making efficiency is a critical determinant of business success (Saaty, 2008). Organizations often encounter challenges in the business environment. These challenges may stem from the external business environment or in some cases from internal systems. It is important for managers to establish the origins of challenges experienced...

Decisions and Decision Management Decisions are a vital aspect of any successful venture. Therefore, decision management is a process in decision making that involves improving and aligning organizational goals to action. Decision management ensures the decision making process yields the desired results because it employs powerful tools like organizational rules, artificial...

Making Informed Choices: the Importance of Decision Making

Category: Life , Business , Education
Topic: Decision , Decision Making , Personal Statement

Pages: 1 (645 words)

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