The Role of Optimism in Decision-Making


 
Decision-making and Valuation > Best Practices

In the best practices section you will find the best forum discussions within this knowledge area.


The Role of Optimism in Decision-Making
Herman vd Berg
How does optimism influence decision-making?
 

 
Optimism in Making Decisions
Jaap de Jonge, Editor, Netherlands
Interesting question Herman... I believe there are many ways:
- One is related to organizational pressure (only the best proposals make it...Sign up
 

 
Optimism and Decision Making
Joe Boyle, United States, Member
Herman - it does have an effect - and can skew results - people will see what they want to see. Also, how you see your future will affect the futur...Sign up
 

 
How Does Optimism Influences Decision Making
Lilyana Dewie
To make a good decision, we really need optimism, focus and energy. With optimism we can gather facts and data, even when it's quite difficult....Sign up
 

 
Optimism <= Perceptions of Challenge and Ability A/C=O
Daniel Latch, Management Consultant, United States, Member
In response to Ms. Dewie, I wonder how you feel about this:
"To make a decision good, we really need optimism, focus, and energy". and:
"To ...Sign up
 

 
Optimism Influence on Decision-making
Jean-Francois Landre
Optimism can negatively influence decision-making through biases in judgmental heuristics such as...Sign up
 

 
It Depends on the Basis of Optimism
PRASAD SN, Professor, India, Member
Decision making based purely on optimism may lead to disaster.
Optimism as a result of confidence in your own abilities, training and knowledge o...Sign up
 

 
Optimism and Decision Making
Marcel Wiedenbrugge, Consultant, Netherlands, Member
Instead of optimism I would prefer to use the word realism. At the end of the day, in business optimism is important, but it must always be linked ...Sign up
 

 
A Predetermined Optimistic Emotional Attitude
Henry Lozada, Professor, Puerto Rico, Member
A predetermined optimistic attitude (emotional) makes the decisions more easy and fast to make. However, you can lose perspective or the reality of th...Sign up
 

 
The Need for Optimism Depends on the Decision-making Discipline
ahmed mahmoud ahmed abdo, ex-lecturer at the faculty of commerce Banha University, Egypt, Member
It depends on the kind of decision.
Data, knowledge, experience, pre-studies, etc. are very critical in deciding within the areas of medicine, mi...Sign up
 

 
Optimism is Important but not Enough
ABOBAKER M, Accountant, Malaysia, Member
Although optimism is important, decision makers can not rely on it alone. Optimism will encourage them to take a decision but is not enough ...Sign up
 

 
Pessimism Can Also be Helpful in Decision-making
Jennings
For me optimism is linked to a person; optimism is a skill. It is not linked to a subject or decision. Even though you need positive energy and...Sign up
 

 
Optimism Yes But Over-confidence No!!
Fariborz, Manager, Iran, Member
Decision making is an important task that influences many things in the future. Generally speaking, a decision maker should be optimistic, what is the...Sign up
 

 
Optimism and Common Sense
Salvatore DeCarlo, United States, Member
Optimism has to be based in reality. If we are optimistic while acknowledging the reality of the desired outcome, we will be able to recognize ...Sign up
 

 
Optimism vs Wishful Thinking
Rebecca Roe, United States, Member
I think optimism and wishful thinking should be explored here. Good managers will be chosen on the basis of being able to transform pessimism in the w...Sign up
 

 
Optimism Gives a lot of Energy
Thupalli Ravindra Reddy, Manager, India, Member
Having optimism gives a lot of energy. By being optimistic, many negativity factors will vanish. Once employees accept the organisational needs...Sign up
 

 
Optimism Makes One Lower the Guard
R.C. Natarajan, Professor of Marketing, India, Member
Optimism in the context of inter-personal relationship makes one lower the guard. My research shows that the principal's trust - a form of optimism...Sign up
 

 
Avoiding Optimism in Decision Making by Top Guys
Tony Gosling, United Kingdom, Member
I work on major defence procurement and support decisions and getting these wrong can destroy your company or lose $billions of taxpayers money. I thi...Sign up
 

 
Optimism in Decision-making is Like Two Sides of a Sword
Zeb O. WATURUOCHA, Management Consultant, India, Member
Optimism in decision making is like two sides of a sword where each side is sharp.
Optimism in decision is full of assurance, which however may n...Sign up
 

 
Optimism in Decision Making is a Matter of Mindset
Jeff Wilson, Manager, United States, Member
Think of it this way - what is your mindset?
A. Life is a test, therefore avoid looking foolish which breeds a fear of uncertainty, and av...Sign up
 

 
Optimism Avoids Stagnation
Hassaan Khalid
A pessimist will not take risks because he won't expect a return on them. So optimism is required, obviously along with proper facts and figures - we ...Sign up
 

 
Optimism Useful for Making Decisions
vincenzo de vera, Manager, Italy, Member
Optimism normally leads to positivity, a very useful attitude for managing people and difficult situations and consequently also for making decisions....Sign up
 

 
The Role of Being Positive in Decision-Making
vincenzo de vera, Manager, Italy, Member
It is the basic state of mind which leads to success. Maybe better call it "Positiveness" which does not mean that one should not be conscious of diff...Sign up
 

   
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