The book provides detailed overview of decision-making process and tips how to improve decision-making skills. Firstly, it is noted that “choosing not to decide is still a decision”. It means that a person may rationally examine current situation or problem and conclude that there is no proper alternative. Such approach is consistent with the decision-making process, according to the authors. Nevertheless, it is necessary to assess the costs of doing nothing and.
Secondly, decisions should be made up in isolation meaning that every decision is “actually part of a stream of decisions”. Therefore, it is better to make up a decision in the context and to assess future consequences of today’s decision. All current decisions should be linked to future objectives and goals meaning they should be consequent and rational. Thirdly, the author assumes that not all decisions are equally important. He states that “importance of a decision increases in direct proportion to its effect on your future”.
It is better to make up longer-lasting decisions. People shouldn’t be obsessed about the smallest decisions. If a person sees no differences between important decisions and the rest, he will, surely, miss the critical one. Therefore, it is necessary to make life-changing decisions i. e. such as are able to directly affect future goals. Fourthly, the author states that “more information isn’t necessarily better” meaning it is difficult to thoroughly analyze or select huge volumes of data collected.
It is known that human memory has limited abilities of receiving and processing obtained information. Therefore, a person should focus on goals, to think critically about the information received and to make final decision. Finally, it is noted that successful people are able to risk and that experience may improve decision-making skills. Thus, the author wants to say that it is necessary to take only calculated risks and even experience may lead to arrogance.
