Jun 22, 2020 - Muted economic sentiment will move customers towards value purchase: Walmart India CEO

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From the Editor's Desk

The 10/10/10 Rule For Tough Decisions

It's easy to lose perspective when we're facing a thorny dilemma. Blinded by the particulars of the situation, we'll waffle and agonize, changing our mind from day to day.

Perhaps our worst enemy in resolving these conflicts is short-term emotion, which can be an unreliable adviser. When people share the worst decisions they've made in life, they are often recalling choices made in the grip of visceral emotion: anger, lust, anxiety, greed. Our lives would be very different if we had a dozen "undo" buttons to use in the aftermath of these choices.

But we are not slaves to our emotions. Visceral emotion fades. That's why the folk wisdom advises that when we've got an important decision to make, we should sleep on it. It's sound advice, and we should take it to heart. For many decisions, though, sleep isn't enough. We need strategy.

Continued here


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