Decision Making

In Decision-Making, Timing Is Everything

Jessica Knox | Posted 10.11.2014 | Canada Business
Jessica Knox

The more time I spend in a leadership role, the more acutely aware I become of how often decision-making moments arise. A hiring decision, a strategic play, or, one of the toughest decisions for any business: when to say no to revenue-generating opportunities.

How to Conquer Millennial Career Paralysis

Sarah Vermunt | Posted 01.25.2014 | Canada Business
Sarah Vermunt

Twenty-somethings often find themselves paralyzed with indecision as they anxiously deliberate the creation of career, family, and future when on the doorstep of graduation. So what's a twenty-something entering the workforce to do? Consider these three steps.

The Only Career Question You'll Ever Need to Ask

Sarah Vermunt | Posted 10.28.2013 | Canada Business
Sarah Vermunt

In our work lives, we are constantly asking questions, evaluating our options, and making decisions. This swirl of considerations can be overwhelming at times, and with so many questions to ask it can be hard to know which is more important. The most important career question you'll ever ask is only three letters long, but packs one heck of a punch. The question is...why?

Financial Dilemmas Are Really About Emotion

Deborah Nixon | Posted 09.15.2013 | Canada Business
Deborah Nixon

If you find yourself overwhelmed or stuck in making a financial decision, look inwards. This hesitance is a sign that there is an underlying issue you're struggling with. It can also mean that you are not considering the proper context. Are you too focused on the future and forgetting about today? Are you living according to your value system? Or conversely, are you so fearful of the future that you won't look at it and you live only for today? Either way, you're avoiding the real issue.

How to Know You're Right While Thinking You Could Be Wrong

Rabbi Ben Hecht | Posted 09.10.2013 | Canada
Rabbi Ben Hecht

The fact is that life does not give us the luxury of avoiding decisions; it does not allow us to simply get by without ever taking a stand. In being called upon to act -- with actions, by definition, being black-and-white -- we are called upon to inherently make clear-cut decisions. You do, or you do not. There is no middle possibility of acting and not-acting at the same time. In action, a definite choice must be made.

Why Emotions Help Business Decisions

Deborah Nixon | Posted 04.07.2013 | Canada Business
Deborah Nixon

Antonio Damasio, (2003, Looking for Spinoza) the renowned neuroscientist, has demonstrated the important role of emotions in decision-making. When we insist on removing emotions from our decisions, we are ignoring the emotional part of our decision-making process. Why do we choose to avoid emotion, especially in a business or professional setting?

What I Learned This Week: How To Speed Up a Decision-Making Process

Andy Nulman | Posted 02.16.2013 | Canada Business
Andy Nulman

When it comes down to business in general, the adage is "Decisions, Decisions, Decisions." But here's what I learned this week -- if I don't have a system of simplifying my decisions, I'm not just going to make less of them...I'm also not going to make the most of them.

Emotional Decision Making: Follow Your Gut

Natasha Koifman | Posted 01.09.2013 | Canada Living
Natasha Koifman

My life has been full of big decisions lately. The kind that feel like decisions that will shape my future happiness and I sometimes feel the burden of choice weighing on me. It's reassuring to know that it's essential that both reason and emotion play such a vital role in decision-making. I always thought my gut was tied to my emotions -- I actually think it's one and the same.

Why You Need Trust in the Boardroom

Deborah Nixon | Posted 12.29.2012 | Canada Business
Deborah Nixon

Trust at the board level is necessary at three intersection points: board and CEO, board member to board member, and CEO to C-suite. Why does trust matter? Think about the transactional costs of a low-trust relationship. In low trust relationships, suspicion abounds and parties feel compelled to paper every decision and every discussion. What can boards and executives do about this? Here is some advice.

Peer Pressure: the Silent Killer?

Erika Katz | Posted 07.07.2012 | Canada Living
Erika Katz

Bullying has been the hot topic of late but it usually has its roots in peer pressure. As parents how do we prevent things we would never think of? While you can't anticipate everything your child might do, you can discuss peer pressure and how to handle it. Here are a few tips to give your child.

Conquering Indecision

Anne Day | Posted 06.23.2012 | Canada Living
Anne Day

I don't know about you, but when I am faced with tough, life-changing decisions, I waffle to and fro, weighing up the pros and cons of each option, fa...

Anchors Away! Which Way You Physically Lean Affects Your Economic Decisions

Lisa Kramer | Posted 01.19.2012 | Canada Business
Lisa Kramer

Research suggests that people who lean to the left tend to give lower economic estimates than people who lean to the right. Your body's posture may actually affect the amount you are willing to pay for a consumer good, or even a financial asset!