Consider the opposite of your gut reaction and analyze the consequences in your mind. If your first thought is to lay off ½ of your workforce, consider the opposite and the consequences.Seek the opinion of an outsider or an impartial friend, or if you can, try to look at the situation from an objective observer’s perspective. When you’re in the middle of a critical decision, it’s hard to be objective, hence the call to seek an outsider’s opinion.Write down your knee-jerk, gut reaction(s) to the situation and then put it away for a bit. Once you think through the decision, you can revisit your initial impressions and may reconsider given the insights you developed.When faced with making tough decisions in a crisis, psychologists suggest a “think instead of blink” approach, with the following four research-based suggestions: While it might be a fun move in the short term, it’s a decision that will have serious consequences long term. You start to compare costs and benefits, weigh options, and bounce ideas off of other people.
The reason why you don’t move to the Bahamas when you’ve had a bad week, I suspect, is that you become more deliberate in your thinking. The second track is much more deliberate. I’m not saying you should never rely on your gut – there are times when you absolutely should – but you must also understand that gut-reactions can be filled with mental short cuts and biases that can lead you in the wrong direction. When you’re in this mode, your decisions become automatic and you often don’t give much thought to the exact causes or what influenced the decision. When I was burning out, I fantasized about moving to the warm island all the time. It’s tempting to take a bad stretch at work and decide you will march into the boss’s office, quit on the spot and go start your sure-to-be billion-dollar tech startup, or to move to a warm island. It’s a decision you make based on emotion, instinct, and little information.
The first one is our intuition or the gut reaction or feel we have for something. Our brains often run on two different tracks when making decisions: But how do you know if you’ve made the right decision? How much thought should you give to crisis-time decision making? Here are two processes to help in making tough decisions – one from psychology and one from the military. Across the industry, leaders are deciding whether to lay off or furlough workers, cut pay, freeze hiring or cancel important programs and incentives, all while continuing to deliver top-notch service to clients and business partners. The global pandemic that is upon us has forced business owners and leaders to make some very tough decisions.
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