Monday, February 22, 2010

Golden rules of decision making

A disciplined yet potentially effective approach to making hard decisions. Yet, it eludes most.

1. Know the motivations behind your course of action
2. Anticipate the downside risks
3. Manage and minimize the risks

and finally, assuming the above fails

4. Damage control

A more conscientious effort must be made to enforce the above rules.

For peace of mind, rationale over emotion!

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