{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Modern Manager","title":"124: How to Make Better Decisions","html":"","width":"100%","height":180,"duration":796,"description":"Every day we make thousands of decisions. Many of these are almost insignificant, but others can have major and long lasting impact on us, our teams, and our organizations. The ability to make high quality decisions as an individual and a team is an important competency for any manager.\r\nIn this episode, I talk about the factors that inhibit us from making good decisions, approaches to counter these so that we can make better decisions, and two approaches to help organize your decision-making conversation or thought process. \r\nThe full episode guide includes an overview of each approach along with suggested questions to support your decision-making. Get it when you join the Modern Manager community or purchase the full guide at www.themodernmanager.com/shop.  \r\nGet the free mini-guide at www.themodernmanager.com/miniguides.\r\nSubscribe to my newsletter to get episodes, articles and free mini-guides delivered to your inbox. \r\nRead the related blog article: Improve Decision Quality and Make Better Decisions\r\nBecome a rockstar delegator! Check out the course: The Modern Manager's Guide to Effective Delegation.\r\nKey Takeaways:\r\n\r\nOur brains are influenced by many factors that can impact our ability to make sound decisions. \r\nThese factors include: mood, emotions, decision fatigue, cognitive bias, information overload and the paradox of choice.\r\nOur mood is impacted by the weather, if we are hungry or tired, etc. Whether we are feeling good or bad, we will bring that into our perspective on a decision.\r\nWe make thousands of decisions each day. Over time, our brain loses energy for making these decisions, resulting in poor decision quality as we tire.\r\nThere are many cognitive biases such as confirmation bias, where we highlight information that confirms what we already believe and downplay information that contradicts it.\r\nWhen we have too much information, we are unable to sort through it to find what is most important.\r\nWhen we have too many options, the chance of...","thumbnail_url":"https://img.transistorcdn.com/vh03-o0OUKG7JnFjtDqtJmV0y385f5sQOifebswPa_E/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQzNjM5LzE2OTA1/Nzg4MDYtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}