The Role of Optimism in Decision-Making

Decision-making and Valuation

Herman vd Berg, Netherlands

The Role of Optimism in Decision-Making

How does optimism influence decision-making?


Jaap de Jonge
Editor, Netherlands

Optimism in Making Decisions

Interesting question Herman... I believe there are many ways in which optimism influences decision-making:
- One is related to organizational pressure (only the best proposals make it, so we present our projects overoptimistic).
- Another thing is we know that quite often in (organizational) cultures optimists are being regarded and rewarded higher than pessimists (tough-guy macho culture). As a result, the decisions we make may not be in the best interest of the company.
- Thirdly, our brain may be fooling us. For example the bandwagon effect and being overconfident about our ability to control outcomes. This can lead us to make wrong or sub-optimal decisions.
I suspect there many more ways? Who joins in the discussion?

Joe Boyle
United States

Optimism and Decision Making

Herman - it does have an effect - and can skew results - people will see what they want to see. Also... Sign up

Lilyana Dewie, Indonesia

How Does Optimism Influences Decision Making

To make a good decision, we really need optimism, focus and energy. With optimism we can gather fact... Sign up

Daniel Latch
Management Consultant, United States

Optimism <= Perceptions of Challenge and Ability A/C=O

In response to Ms. Dewie, I wonder how you feel about this: "To make a decision good, we really nee... Sign up

Jean-Francois Landre, Canada

Optimism Influence on Decision-making

Optimism can negatively influence decision-making through biases in judgmental heuristics such as me... Sign up

Professor, India

It Depends on the Basis of Optimism

Decision making based purely on optimism may lead to disaster. Optimism as a result of confidence i... Sign up

Marcel Wiedenbrugge
Consultant, Netherlands

Optimism and Decision Making

Instead of optimism I would prefer to use the word realism. At the end of the day, in business optim... Sign up

Henry Lozada
Professor, Puerto Rico

A Predetermined Optimistic Emotional Attitude

A predetermined optimistic attitude (emotional) makes the decisions more easy and fast to make. Howe... Sign up

ahmed mahmoud ahmed abdo
ex-lecturer at the faculty of commerce Banha University, Egypt

The Need for Optimism Depends on the Decision-making Discipline

It depends on the kind of decision. Data, knowledge, experience, pre-studies, etc. are very critica... Sign up

Accountant, Malaysia

Optimism is Important but not Enough

Although optimism is important, decision makers can not rely on it alone. Optimism will encourage th... Sign up

Jennings, Netherlands

Pessimism Can Also be Helpful in Decision-making

For me optimism is linked to a person; optimism is a skill. It is not linked to a subject or decisio... Sign up

Manager, Iran

Optimism Yes But Over-confidence No!!

Decision making is an important task that influences many things in the future. Generally speaking, ... Sign up

Salvatore DeCarlo
United States

Optimism and Common Sense

Optimism has to be based in reality. If we are optimistic while acknowledging the reality of the des... Sign up

Rebecca Roe
United States

Optimism vs Wishful Thinking

I think optimism and wishful thinking should be explored here. Good managers will be chosen on the b... Sign up

Thupalli Ravindra Reddy
Manager, India

Optimism Gives a lot of Energy

Having optimism gives a lot of energy. By being optimistic, many negativity factors will vanish. Onc... Sign up

R.C. Natarajan
Professor of Marketing, India

Optimism Makes One Lower the Guard

Optimism in the context of inter-personal relationship makes one lower the guard. My research shows ... Sign up

Tony Gosling
United Kingdom

Avoiding Optimism in Decision Making by Top Guys

I work on major defence procurement and support decisions and getting these wrong can destroy your c... Sign up

Management Consultant, India

Optimism in Decision-making is Like Two Sides of a Sword

Optimism in decision making is like two sides of a sword where each side is sharp. Optimism in deci... Sign up

Jeff Wilson
Manager, United States

Optimism in Decision Making is a Matter of Mindset

Think of it this way - what is your mindset? A. Life is a test, therefore avoid looking foolish whi... Sign up

Hassaan Khalid, Pakistan

Optimism Avoids Stagnation

A pessimist will not take risks because he won't expect a return on them. So optimism is required, o... Sign up

vincenzo de vera
Manager, Italy

Optimism Useful for Making Decisions

Optimism normally leads to positivity, a very useful attitude for managing people and difficult situ... Sign up

vincenzo de vera
Manager, Italy

The Role of Being Positive in Decision-Making

It is the basic state of mind which leads to success. Maybe better call it "Positiveness" which does... Sign up

Ebrahim Vahedi
Director, Iran

Importance of Knowledge and Optimism of Managers

@Jaap de Jonge: Hi, you're right there are several things involved in how optimism influences decisi... Sign up 18-1-2023

Professor, Ukraine

Optimism Useful for Making Decisions

Many sources promote the theory that the world is a mirror that returns to us what we pass into it. ... Sign up 18-1-2023


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Decision-making and Valuation

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