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The core competence of decision-making

As the old saying goes, “Think first, then act”. To exercise your decision-making biceps, make it: “Think first, then act, then think”. I call the ability to switch quickly and purposefully between thinking and acting the ability to switch to a self-serving mindset.

Slow and fast decision-makers

Those of you who have read my article “Which decision type are you?” will probably remember System 1 and System 2. To illustrate the ability of the mindset shift, you simply have to imagine two types of decision-makers that actually exist in their purest form. Of course, most of them lie somewhere between these two extremes. The first type is of the fast variety, thus a speed decision-maker. This decision-maker makes short work of the process and simply decides, and this without much thinking.

The second type is the eternal thinker. They think through every major decision in all its details and facets. And usually for a very long time…

After several years of working with various managers in companies, I am convinced that it is neither the pure speed decision-makers nor the eternal thinkers who are successful in the long run. Instead, it is those who have learned when they have gathered enough data, facts, ideas and opinions to be able to decide. And then do so. And then focus on action.

By the way:The principle of the mindset shift from thinking to acting and back does not only apply in a business context. In the next article, I will outline what the ability to change mindset looks like in a professional golfer…

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