Ep 29 Playing The Game of Decisions
In this episode Cliff and Daphne dive deep into the world of decision-making. They explore the idea that every choice we make—big or small—shapes our lives in significant ways. They challenge the conventional wisdom around decisions, discussing the fears, influences, and the psychology that governs how we make choices.
Firstly, they discuss the fear that most people have of making the wrong decision: How the fear of failure and loss of status influences our choices.
They discuss the factors that influence and impact the results of our decisions as well, such as:
-The concept of Bounded Rationality: The concept that our decision-making is limited by the information we have, the time constraints we face, and our cognitive limitations.
- Cultural and Societal Influences: The role of status and the avoidance of shame in shaping our decisions. - Practical Wisdom: How ancient and modern philosophies can guide us to make better decisions, emphasizing the balance between logic, evidence, and personal values.
- Existential Responsibility: The idea that our decisions define who we are and the importance of taking responsibility for our choices.
Key Takeaways to assist us in making decisions:
-Understand Your Values:Aligning decisions with personal values and goals is crucial to supporting our learning, our vision for the future and to support a fulfilling life.
- Regular Reflection: Reflecting on past decisions helps us understand our true motivations and make better future choices.
- Consider Risks and Outcomes: Practical wisdom involves assessing potential risks and preparing for different outcomes.
- Embrace Responsibility: Accepting that every decision shapes our essence encourages mindful and deliberate choices. Responsability is simply our ability to respond to change and things that arise in the moment, without blame, judgement and criticsm of ourselves and as importantly, others.
Quote of the Episode: “You make your best decision with the information you have available, the time you have available, and by understanding that we are going to have cognitive limits. Therefore, you really can’t ever get it ‘wrong.- Daphne
Connect with Us: You can find Cliff at Cliff Ravenscraft. And email him with the subject line 'Values" if you would like the free document he created based on the values exercise he talks about on the show.
You can find Daphne at Daphne Scott and get her book, "Waking Up A Leader: The Five Relationships of Success". You can also subscribe to more of her writing on Substack at https://dsleadershiplife.substack.com/.
Continue to join us each week as we support you to choose your own adventure!