Ever feel like your mind is stuck in a loop of overthinking? Like you are continuously thinking from different angles, but cannot reach a decision. This situation is called Analysis Paralysis. According to a famous Psychologist William James, “The greatest weapon against stress is our ability to choose one thought over another.” Analysis paralysis happens when we get stuck trying to make big decisions . We overthink things and feel overwhelmed by all the choices and information. This can stop us from making any progress and reaching our goals. When you’re caught in analysis paralysis, it’s hard to move forward. You fear making mistakes or think you need more info. This indecision wastes time and stops you from seizing opportunities. Recognizing and dealing with analysis paralysis is crucial. So, how to move beyond Analysis Paralysis? In this article, we will learn the entire process with 12 simple steps. Understand the impact of Analysis Paralysis on decision mak...

A lot of people think making choices fast means making good ones.  From my experience, that’s not really true and this efficiency myth gets decision making all wrong.  Decision making is a crucial skill in life, whether it is personal or professional. Once a decision is made, sometimes, there is no way we can alter it. Often, our personal decisions become irrational distorted by people around us. One of the great physicists Richard Feynman once said, “The first principle is that you must not fool yourself—and you are the easiest person to fool.” So, you should make your decisions wisely. Although, some common misconceptions become the main culprits for making unwise decisions. Here’s the truth behind 5 myths and misconceptions about decision making.  Fast doesn’t equal right.   Quick choices seem nimble, but they are often careless.  Slowing down helps you see other options and weigh them better.  There’s no one-size-fit...

In the ever-evolving field of supply chain management (SCM), decision making plays a crucial role in ensuring the smooth and efficient flow of goods and services from the point of origin to the point of consumption. Effective decision making in SCM involves analyzing complex data, evaluating multiple options. Also, it makes informed choices that can have a significant impact on the overall performance and success of the supply chain. 1. Introduction Over the past decade, the manufacturing sector has undergone significant technological advancements, leading to the emergence of intelligent manufacturing systems and the adoption of innovative technologies such as autonomous robots, internet of things (IoT), and big data analytics (BDA). These advancements have transformed traditional supply chain operations into intelligent supply chain networks that can leverage data-driven insights to enhance decision making and optimize performance. Anyways, with the increasing availability of data an...

Intuition is that little voice in your head which whispers ‘umbrella’ when the forecast says ‘sunshine’. Intuition is the capability to understand a commodity artificially, without the need for conscious logic. Sometimes, we call it a “gut feeling” or a “hunch” that influences our opinions. But how dependable is Intuition? What are the benefits of using it in decision making? According to some experts, Intuition is not a mystical or illogical miracle, but a natural and essential part of mortal cognition. Intuition originates from our experiences and feelings which helps us understand complicated things quickly and very well. In fact, Intuition can offer numerous advantages over rational analysis, especially in situations where time is limited, data is deficient, or the query is high. Today, we will discuss 9 practical advantages of Intuition in decision making with some examples and analysis. 1. Intuition is Faster than Logic One of the most egregious advantages ...

Choosing between intuition and Logic is the same as ordering a Vanilla and a Chocolate ice cream – both delicious, but so different. Intuition is like a whisper in your ear that guides you towards a decision. The famous scientist Albert Einstein used to say “ The only real valuable thing is intuition. ” But, the decision made by intuition does not always follow concrete evidence. On the other hand, Logic is like a professor who is impassive and believes only in facts and figures. By following Logic you can become a rational person. So, Intuition vs Logic: which to value, then? Well, our Intuition and Logic are mainly influenced by our Heart and Brain. This means, first, we have to learn how our Heart and Brain work and how these two components guide us through Intuition and Logic. How Does Heart Influence Our Intuition? In decision-making situations, people use to claim, “Listen to your Heart”. But, why so? Why by nature, do we feel like this? According to ongoi...