The Role of Optimism in Decision-Making

      
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		            		Herman vd Berg, Netherlands
			            
The Role of Optimism in Decision-Making

	          		How does optimism influence decision-making?
				      
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						            	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?
				                
										              1

						            	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
				              
										              0

						            	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
				              
										              1

						            	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
				              
										              3

						            	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
				              
										              2

						            	PRASAD SN
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
				              
										              0

						            	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
				              
										              1

						            	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
				              
										              0

						            	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
				              
										              0

						            	ABOBAKER M
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
				              
										              1

						            	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
				              
										              1

						            	Fariborz
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
				              
										              1

						            	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
				              
										              1

						            	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
				              
										              0

						            	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
				              
										              1

						            	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
				              
										              0

						            	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
				              
										              2

						            	Zeb O. WATURUOCHA
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
				              
										              3

						            	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
				              
										              1

						            	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
				              
										              -1

						            	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
				              
										              1

						            	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
				              
										              1

						            	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
				              
										              1

						            	Molokanova
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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