Decision-making caution
Cautious decision-making is the conscious consideration of risk, data, and consequences before making an important choice.
Definition
Decision-making caution helps not to confuse impulse with common sense. It includes checking the assumptions, costs, risks and reversibility of decisions. It becomes a problem when it turns into paralysis, overanalysis, or constant postponement of choice under the guise of responsibility.
Key ideas
Missing key ideas.
Practice and life
Before making a decision, write down: the rate, the worst-case scenario, plan B and the deadline for making the decision.
Common misunderstanding
It is a mistake to confuse caution with avoidance. The second mistake is making decisions without minimally checking the consequences.
Questions for self-reflection
No questions for self-reflection.
Sources
No sources.