The Myth of Great Decision Making
Peter Koehler
Founder & Partner at Lumo Group | Alternative Ownership Advisor | Perpetual Purpose Trust and Employee Ownership Trust Transitions
In this recent interview between Tim Ferriss and General Stanley McChrystal, McChrystal articulated something that I've been thinking about lately:
"A decent decision now is better than a great decision later."
I agree. As a lifelong analyzer myself, recently I have been working on thinking less and doing more. Not eliminating analysis, just giving it an appropriate amount of space, and recognizing that there is a myth surrounding great decision making.
The Myth of Great Decision Making
Arguments for an action-oriented approach.
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The core myth: more analysis does not necessarily result in better decisions/plans. Often, you can wait and analyze as long as you want, but does that make you more likely to make a great decision? More and more I don't think so. There are so many variables in real life, plans are often futile.
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Action IS a form of thinking and analysis. We don't only think and learn with our minds. We think/learn with our muscles and our instincts. This is what I call thinking by doing. And when we're in action, we access different parts of our brain than when we're staring at a blank page (I don't know this for sure, but it sure feels that way).
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Doing allows for more rapid learning and better outcomes. Practice rapid decision making followed by rapid learning and rapid iteration. When I do this, my new action-first self is already onto plan 2.0 and probably 3.0 before my old analysis-first self would have even begun executing plan 1.0.
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Hell, even a bad decision now is often better than a great decision later.
Because really it is more likely that it just seems "bad" or "great" in our limited and biased personal perception-field. But in reality, they are probably both decent-ish decisions - one you learn from more quickly, and one you learn from less quickly.
So next time you stop to think, instead: Do. Learn. Repeat.
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Originally published at www.petermk.com.
Award-Winning Strategic Communications Consultant | Public Speaker | Podcaster
9 年Great article! It reminds me of the concept of minimum viable product! Thanks.