The Power of Decisions

Hassan Qudrat-Ullah

Chapter Chapter 1 in Mastering Decision-Making in Business and Personal Life, 2025, pp 3-9 from Springer

Abstract: Abstract This chapter of “Better Choices: Mastering Decision-Making in Personal and Business Life” delves into the critical role of decision-making in shaping personal and professional outcomes. It introduces System Dynamics, a framework that highlights the interconnected nature of decisions and their long-term impacts. By examining common pitfalls and poor decisions through real-world examples, the chapter underscores the necessity of understanding cognitive biases and leveraging structured decision-making processes. The aim is to equip readers with the knowledge and tools to make informed, sustainable decisions, fostering success in both personal and professional spheres.

Keywords: Decision-making; System dynamics; Cognitive biases; Long-term consequences; Personal success; Professional success; Feedback loops; Time delays; Health decisions; Financial decisions; Business strategy; Leadership effectiveness; Risk management; Structured decision-making processes (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-81068-8_1

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DOI: 10.1007/978-3-031-81068-8_1

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