Making decisions is not always an easy thing to do, whether you have to decide between two different paths of life or just what to pick for a dinner. Cognitive scientist Tom Griffiths shows three principles that should help you become a better decision maker.
Questions:
- Do you consider yourself a good or bad decision maker?
- What do you think about those 3 strategies?
- Which strategy have you found most interesting and why?
Comments
But I like very much those strategies, those are pretty good ideas. I probably use those already during my decision-making process, but it's nice to have them named - this way I can consciously pick them and understand why I am using those strategies.
I think the 37% decision is the best of those 3. It applies to so many situations - we are constantly forced to pick, choose and buy new products and often I spend too much time exploring my options. Sometimes it's nice just to say: I've seen enough, now I will pick the first good one I will encounter :)
Out of 3 mentioned strategies I really like the last one - "last accessed first out" strategy. Because it's the most accurate way to describe how we deal with problems in our everyday lives. And because of tiny routine details that we are dealing with every day, it's actually the most logical and effective trick to optimize your decision-making p
Personally I have no favourite strategy. I try to analyze and use them accordingly or even simultaneously. About how good am I at the decision making? Well, all of my decisions have led me to this very moment, and I am pretty satisfied with them.
All those 3 strategies aren’t new for me. I just got them grouped up and named. Every strategy is extremely useful and can be applied in most of the situations.
I would say that for the most interesting is "Least Recently Used" because it allows me to explore new boundaries and don’t be concentrated on a single thing.
Do you consider yourself a good or bad decision maker?
No idea. My decisions might have consequences in 3 or 5 or 20 years. I can't say for sure that my decision to study IT was good when for example, in 4 years solar flare burns all electronics and there is no need at all for any programmer. So my decision is not to answer this question in easy way. ;)
What do you think about those 3 strategies?
They are more like tips for certain tasks. I wouldn't call them decision making strategies in general.
Which strategy have you found most interesting and why?
I use Explore/Exploit mostly. Especially according to food. Not for checking restaurants. I cook by myself as a hobby and when I make something for my friends I decide to Explore or Exploit. If it is the first time they try my food I do one of the recipes that I am well familiar with. If those friends already tasted what I can prepare and liked it I sometimes try to do something I have never done before.
2. I guess those are cool strategies to practice.
3. Probably the best one is 'Explore/Exploit'. Just because there are so many things out there in which we might be interested in but simply we don't know about.
P.S.: Great topic, I was considering to write about it a few weeks ago, when was a presenter )).
Ectually I am the worst decision maker that I know. I am not sure if someone can be worse in making decisions than I am.
2. What do you think about those 3 strategies?
I think that Mr. Griffiths presented an interesting way of how to make decision making less stresful. Generally I liked his speech and ideas he mentioned but for me very important is also the emotional value which wasn't mentioned in any of the ideas but as I understood that was the point.
3. Which strategy have you found most interesting and why?
The strategy which i found the most interesting was the strategy for organising things. I like the idea of putting recently used documents on the left side of a box. I am going to try it out at work.
In my opinion, these 3 strategies are quite interesting but sometimes some additional conditions are need to be taken into consideration. For example, with clothes problem, there are some special clothes which are being use for special occasions, once in year for example, but cannot be thrown away.
I find strategy with box and documents most interesting, because I had a lot of paper on my desk I sometimes it was hard for me manage it. However currently, I am keeping most of my documents on my computer so it more like fun fact for me.
I think that I am pretty good at making decisions, most of my choices turned out to be the right ones. I always take into consideration all important aspects of a given situation e.g.: timeframe in which decision has to be made, priority, data that can help me in making the right choice, other people experiences and advices. All these factors improve my decision making process and enable me to pick the best option.
I really liked the strategy based on exploring 37% of the options available and then choosing the best one among of them. Exploit/explore tradeoff I also find very useful and apply it in my everyday life as it let me to try new things when I can afford it and go with best practices when I need a reliable solution. Least recently used principle based which is, as explained in the video, one of the computer memory management strategies is the most important for me. In general it says that we should focus our attention and efforts on really important things and not wasting our time on things which we don’t use or do not matter for us.
2. Explore/Exploit seems to be the most useful to me, since it was the only strategy mentioned in this video that I wasn't aware of until now.
3. In my opinion, the most interesting strategy in this video is Least Recently Used. It is fascinating how we use this method unintentionally. I would love to learn more about it and find out if it is just a pure coincidence that we use it on a daily basis unaware of how optimal it is or if there is actually some science behind it.
About this 3 strategies - I don't like any of. They're based only on logic. When I have to make a decision, of course it have to make sense(logic) but what's most important it has to be congruent with me - and now emotions comes in. Using computer science while making decisions could be a "quick fix" to decide faster, but in my opinion it's not always a good way. I haven't found any of these 3 strategy instresting, maybe the warderobe one - but there is a couple of exceptions in that strategy. Like I said, my decisions are basen on logic as well as emotions that I feel in that particular moment.
It's very difficult question. It depends on situation, my knowledge (about concrete situation) and how much time I have to decide.
In my opinion often when we think that such decision was bad, we are unsure, becouse, we can't turn back time.
Generally, I think I'm a good decision maker.
2. What do you think about those 3 strategies?
I think it's good strategies and I try think in a similar way, but I know that I'm not a computer and emotions are important factor.
3. Which strategy have you found most interesting and why?
For me the most interesting is explore/exploit, becouse I use it very often.
I agree with what the Tom Griffiths said, that we always have to try new things and don’t be afraid to fail in it. Especially if we’re talking about restaurants ;)
37% sounds great, maybe because I use it all the time. Just pick the random option and, who knows, maybe it’ll be the best one. Sometimes if I can’t choose, I just write on my phone options with the numbers for each one, for example from 1 to 4, and asking somebody to choose the number.
I would say say that I'm a rather good decision maker - at this point in time, I think that majority of decisions I have made were good. From the other point of view, I don't really like to make a decision "on the fly" - these might not be the best ones.
2. What do you think about those 3 strategies?
Interesting, and... they make sense :) I really don't really agree with explore/exploit strategy - consider being on holidays - would You eat in the same restaurant for a week or try something new every evening ?
3. Which strategy have you found most interesting and why?
I think that "most recently used" strategy is the most interesting - it might work in many areas of ours daily lives, and sounds to be very rational.
How said one smart men - "Exist only one right decision or a choice - this is your own one". Based in this idea, I'm good in decision maker :)
2. What do you think about those 3 strategies?
I use all the time these strategies, except 37% rule, as it turned out, but I didn't give them names :) For us (IT guys) these strategies is pretty obvious.
3. Which strategy have you found most interesting and why?
The "37% rule" is quite interesting, I'm going to try use this strategies for important decisions. Because other , how I have said I already use.
The 37% rule is the only one I was not familiar with. It doesn't make a lot of sense to me as it's usually very hard to discover the whole market thus 37% isn't in fact 37%. The more I look the market gets bigger. I agree that it's reasonable to choose something above average expectations after a research.
For me the most interesting is how often we end up (as a people) crafting solution which reflect nature or our own behaviour.
I think that this strategies in interesting especially the last one. But last strategy has one problem as I think and this problem behave to "weight" of element in mountain of paper. For example if we will take the last one peace of paper and put it on the top it doesn't mean that we will use it often in near time so we there must be "weight" value that tell us how if this information important and we use it often that depend on time and access count to this information.
Yes, I can consider myself as a good decision maker. I do not regret decisions I made and I don't have any problem to make a decision. Of course I need to think about it, but it comes easy to me.
2. What do you think about those 3 strategies?
I'm not so sure about them, because for me emotions are as important factors as logic, so computer science is not the best way right there, cause computers are emotionless.
3. Which strategy have you found most interesting and why?
LRU strategy is interesting - it lets us focus on things which are important to us.
I really liked this video and I think that every rule is good. Everyone can find something good for themselves and also different situations require different solutions. One of this rules could be good for one problem and another for second problem.
It is very difficult to say, I think that in this regard I am somewhere in the middle. About making decisions, I often hear positive feedback from others. But I myself know that sometimes I make mistakes in their adoption.
What do you think about those 3 strategies?
Very useful strategies in fact. To be precise, this is a very good formulation and interpretation. I think at least one of them each of us uses unconsciously. Especially when it comes to situations where you need to make a quick decision, and we don’t have time to apply these strategies, but we accept it at some other levels of thinking.
Which strategy have you found most interesting and why?
I liked the strategy “Least Recently Used” more. I find it closest to me, because, as it turned out in most cases, I use it.
These 3 strategies presented in the film are very interesting and useful, I think that some of them I will have to introduce into my life. Especially the one with the example of choosing a restaurant.
The most interesting strategy for me seems to be the first one: the explore / exploit trade off seems to be the most decisive model for me.
Each and every one of the strategies mentioned by the speaker, can be useful depending on the circumstances, choosing an optimal one is dependent on the task they are meant to resolve. Some of them may reduce the time needed on deciding on the issue, although at the end of the day not bring an optimal or desired result.
The strategy I've found the most enthralling was the "explore/exploit" method, yet despite being immensely useful decision-making tool, hard coding it into our consciousness may result in losing valuable information which may prove useful one day or another.
Thank you for share it.
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Do you consider yourself a good or bad decision maker?
In general, I think I'm a good decision maker.
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What do you think about those 3 strategies?
I think it's pretty strategies and I'll try to think about it again and again.
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Which strategy have you found most interesting and why?
For me is to explore/exploit.