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Ecaterina Sanalatii

Consultant, MooD International

TEDCRED 10+

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What is the key to smarter decisions?

My question to the TED community is what is the key to smarter decisions?

As individuals, how can we make smarter decisions in everyday life?
How is this different in business decision making?
Can we help others make a better decision or should this be done out of own will?

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  • Oct 31 2012: There are two ways you can make smarter decisions, one by sheer luck; you chose the best option with limited knowledge of the consequences of every option available and then it turned out to be the best decision possible. The other is by fully knowing the consequences of each option and then choosing the more suitable. So basically you need better knowledge tools (intelligence), but you also need a very well calibrated system to ponder the pros and cons of every option at hand (experience), because the best knowledge wont give you the best decision possible if you are not able to properly measure the pros and cons. And finally you need to have your priorities sorted (vision) otherwise you may end up making the right decision at the wrong time.

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