5-Steps To Making Big Decisions with Abby Davisson | 222
Jul 17, 2024
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Abby Davisson, a social innovation leader turned author and entrepreneur, shares insights on making big decisions for happiness and prosperity. She discusses the importance of decision-making skills, using a 5-step framework, combining emotions and logic, and embracing uncertainty. The podcast explores the interconnectedness of decisions in personal and professional life, emphasizing the need for a holistic approach.
Understanding the five-step framework for effective decision-making: Clarify, Communicate, Consider, Choose, Commit.
Acknowledging that most decisions can be reversed and outcomes do not solely define decision quality.
Deep dives
The Importance of Decision-Making Skills
Decision-making is a crucial skill impacting various aspects of our lives, such as relationships, work, and finances. Despite making decisions daily, many people may not feel confident in their decision-making process. Different methods like analyzing data, making pros and cons lists, or relying on intuition are common approaches. The podcast emphasizes the significance of understanding one's decision-making process and exploring better ways to make impactful life decisions.
The Five-Step Framework for Decision-Making
The podcast introduces a five-step framework for effective decision-making known as the five C's. The first step, 'Clarify,' involves deep reflection on personal values and desires, aiming to distinguish individual needs from external influences. The subsequent step, 'Communicate,' emphasizes engaging with those affected by decisions, encouraging open dialogue and the exchange of perspectives. 'Consider' prompts the exploration of a wide range of choices beyond binary options, enabling a more comprehensive evaluation for better decision outcomes.
Overcoming Decision-Making Challenges
Challenges in decision-making, like the fear of making wrong choices, are common. The podcast addresses the aspect of regret, highlighting that most decisions can be reversed, and outcomes do not solely define the quality of a decision. Anticipating regret and considering the consequences over different time frames help navigate decision-making complexities. By acknowledging the interconnectedness of personal and professional decisions, individuals can strive for holistic and informed choices impacting all aspects of their lives.
Decision-making is a skill we should have all learned in school, but didn’t. On this episode, we’re going to learn how to make decisions - and not little inconsequential ones, but the big life-changing and life-defining decisions - with the help of Abby Davisson.
Abby has dedicated her career to helping others achieve their goals, first as a social innovation leader and now as an author and entrepreneur. She is the co-author of Money and Love: An Intelligent Roadmap for Life’s Biggest Decisions and the founder and CEO of the Money and Love Institute, which helps people make better decisions that lead to happiness, prosperity, and purpose.
When making decisions, sometimes a pause is helpful, sometimes you do really need to “think about it”, but at some point – and I’m guessing that point is much sooner than we think – we must decide.
We cannot make progress, we don’t get closer to what matters, without making decisions. So it’s time we learn how to make the best ones for us!
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