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Herman vd Berg, Netherlands
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The Role of Optimism in Decision-Making
How does optimism influence decision-making?
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Welcome to the Decision-making and Valuation best practices. The topic being discussed here is: "The Role of Optimism in Decision-Making".
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Jaap de Jonge
Editor, Netherlands
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Optimism in Making Decisions
Interesting question Herman... I believe there are many ways:
- 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).
- Thirdly, our brain may be fooling us. For example the bandwagon effect and being overconfident about our ability to control outcomes.
I suspect there many more ways? Who joins in the discussion?
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Joe Boyle
United States
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Optimism and Decision Making
Herman - it does have an effect - and can skew results - people will see what they want to see. Also, how you see your f...
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Lilyana Dewie, Indonesia
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How Does Optimism Influences Decision Making
To make a good decision, we really need optimism, focus and energy. With optimism we can gather facts and data, even whe...
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Daniel Latch
Management Consultant, United States
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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 need optimism, focus, a...
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Jean-Francois Landre, Canada
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Optimism Influence on Decision-making
Optimism can negatively influence decision-making through biases in judgmental heuristics such as memory retrievability,...
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PRASAD SN
Professor, India
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It Depends on the Basis of Optimism
Decision making based purely on optimism may lead to disaster.
Optimism as a result of confidence in your own abilities...
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Marcel Wiedenbrugge
Consultant, Netherlands
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Optimism and Decision Making
Instead of optimism I would prefer to use the word realism. At the end of the day, in business optimism is important, bu...
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Henry Lozada
Professor, Puerto Rico
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A Predetermined Optimistic Emotional Attitude
A predetermined optimistic attitude (emotional) makes the decisions more easy and fast to make. However, you can lose pe...
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ahmed mahmoud ahmed abdo
ex-lecturer at the faculty of commerce Banha University, Egypt
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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 critical in deciding within...
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ABOBAKER M
Accountant, Malaysia
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Optimism is Important but not Enough
Although optimism is important, decision makers can not rely on it alone. Optimism will encourage them to take a decisio...
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Jennings, Netherlands
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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 decision. Even though you n...
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Fariborz
Manager, Iran
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Optimism Yes But Over-confidence No!!
Decision making is an important task that influences many things in the future. Generally speaking, a decision maker sho...
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Salvatore DeCarlo
United States
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Optimism and Common Sense
Optimism has to be based in reality. If we are optimistic while acknowledging the reality of the desired outcome, we wil...
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Rebecca Roe
United States
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Optimism vs Wishful Thinking
I think optimism and wishful thinking should be explored here. Good managers will be chosen on the basis of being able t...
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Thupalli Ravindra Reddy
Manager, India
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Optimism Gives a lot of Energy
Having optimism gives a lot of energy. By being optimistic, many negativity factors will vanish. Once employees accept t...
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R.C. Natarajan
Professor of Marketing, India
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Optimism Makes One Lower the Guard
Optimism in the context of inter-personal relationship makes one lower the guard. My research shows that the principal's...
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Tony Gosling
United Kingdom
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Avoiding Optimism in Decision Making by Top Guys
I work on major defence procurement and support decisions and getting these wrong can destroy your company or lose $bill...
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Zeb O. WATURUOCHA
Management Consultant, India
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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 decision is full of assu...
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Jeff Wilson
Manager, United States
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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 which breeds a fear of ...
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Hassaan Khalid, Pakistan
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Optimism Avoids Stagnation
A pessimist will not take risks because he won't expect a return on them. So optimism is required, obviously along with ...
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vincenzo de vera
Manager, Italy
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Optimism Useful for Making Decisions
Optimism normally leads to positivity, a very useful attitude for managing people and difficult situations and consequen...
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vincenzo de vera
Manager, Italy
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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 not mean that one s...
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