Identify four of the methodologies Sheena Iyengar suggests as methods
of helping us improve our experience in choosing.
The four methodologies that were suggested were first to cut, second to concretization, third is to categorization, and the fourth is to condition for complexity.
Discuss the
implications of two of these methods in terms of your own
decision-making as an individual and a member of an organization. How
else can you improve your ability to decide?
The first implication was the thought process of cut. In this process we look at all that is offered and take the best selling products out of all the choices and we disregard the others. This will allow us to increase the sales and in turn gain profits based upon lower overhead for production. In my decision making process I can stop looking at all the options that are produced and begin to look at the best options. In the choices that I make this can be looked at as a way to increase the chances of making the correct decisions.
The second is condition for complexity where I can look at some of my past decisions and know that I am on the right track to make the correct decisions based upon past performances. This will allow the decisions that I have made to reinforce the ability to make the correct decisions and this will give me the ability to become more confident on the decision making skills that I have.
I can improve on all the decisions that I make by quickly disregarding the choices that will likely not allow me to achieve my goal. The speed at what the decision I have made is not the most important part of the decision but the quality of that decision.
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