How to make good decisons | Mikael Krogerus & Roman Tschappeler | TEDxDanubia

Mikael and Roman’s funny but profound talk presents us with decision‐making strategies most of us practice and reveals typical problems like TMI (too much information), PDF (post‐decision feeling) and the truth about perfection (that no one has ever seen but is rumoured to exist). With a remarkable casualness the duo gives us a summary of their bestseller book titled The Decision Book: 50 Models for Strategic Thinking.
Finnish-born, but raised in Sweden and Germany, Mikael is an editor of Switzerland’s biggest weekly magazine “Das Magazin”. Prior to that he was a staff writer for NZZ FOLIO, and worked as a copywriter for various advertising agencies.
A graduate from the Zurich University of Arts, Swiss-born Roman is a Biel-based creative producer, consulting and producing various projects ranging from documentary movies and campaigns to art installations, pop music and cook books.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

[@seraypt]

Took me 10 minutes to decide which video to watch about decision making.

[@silmaril8989]

I'm currently at the stage of "not knowing if I actually do regret a decision, and should therefore change it, or if I'm just overthinking stuff"...Nice talk!

[@gaberoyalll]

What was the result!?

[@raunakpunia4890]

Hey bro I want to know that how it's going with that decision I am also very confused about a decision and my condition i just like you could you please help me ,if you were In place of me today you would definitely wish to get an answer from the other person so please think in that way please help me

[@wazehforsuh6167]

Love the blend in fun and statistics. Valuable information here

[@MJ-vf1im]

The title is incorrect this is not about how to make decisions this is actually just an examination of the decision-making process and how you feel in each stage of the process.

[@dmitrysamoilov5989]

If you want to make successful decisions, really struggle with them, but the cost of that is that you won't feel like you made the best decision. If you want to feel good about your decisions, don't think about them too much and use your intuition. You can also prevent regret this way. The cost of this is that your decisions will be of a lower quality in general. Ask yourself 3 questions before making a decision: 1 do y have enough info 2 is it the right time to make the decision 3 ask yourself what is it really possible to achieve..

[@creativerecreations1]

@@dmitrysamoilov5989 great summary 💯💯

[@natywvela6668]

PREPARING: Gather info good sources, priority factors, unknown, google. Do quickly, so you can go to other steps. Sometimes I understand deeply but equally I deeply know the complexity of the X% of risk, but the probability is still X%. Can I skip the deep analysis, do one option, then if does not work second option to correct it? Time invested is lower in: DEEP ANALYSIS+ COIN OPTION vs OPTION 1 + OPTION 2. TIMING: Is it good enough? Can I divide decision? Do some parts and rectify the path with the future knowledge? What other projects could I work on with the time invested in this decision. So, maybe I can choose to invest in other objectives and accept the imperfect result of this mediocre decision that came with other prizes, REGRET: Accept there are unknown unknowns, many info confuses us, and Nessy does not exist. High time-cost decision does not guarantee, a good result, so you can forgive yourself for the low time-cost decision. You can forgive yourself for low cost decisions, you know you have good intentions and limited knowledge, you are like a hero trying hard and then punishing yourself. How can you know the time invested in this decision is enough???

[@dagobertopinto]

One of the best videos about decision-making. Bravo!

[@prernakumari3576]

This duo is awesome and this approach as well. I literally enjoyed the whole 18-19 mins . I've managed to answer the end question as well. Lots of love to both the speakers and this channel as well. Well done!

[@wrenillusions]

This is an incredible TEDx talk, applause to them 👏🏻

[@June-og8fw]

I enjoyed this talk and hearing your perspective on 3 aspects that affect decision making: preparation, timing, regrettability. Also, by being conscious of things that we dont know we don't know, we should do all that we can to glean information from others' experiences who have done the job we are trying to undertake or have already walked the road that we have, and are will willing to share their knowledge. This can be by reading books that have been written on the subject or through conversation.

[@DuaneJasper]

Damn those 3 circles he drew were sharp!

[@ArmyofLove]

The best Ted talk I've heard

[@classicblue8738]

This talk is informative as well as entertaining.

[@saadiashariff5377]

Excellent, well prepared! Thanks

[@relentless873]

I like the chemistry between them, the content is also great, but are there more talks of them on this topic? This looks so time-limited?

[@kd-1-9942]

Think about unthinkable is the answer. Brain needs to go out of the box.

[@kayokk-]

Nice work guys, thank you.

[@doablefilms9380]

Great talk guys!!!

[@annaleonwens1824]

I really enjoyed the presentation. It gives more knowledge for me i can think more example.

[@ahmedgalal5244]

Best talk yet

[@davidanthony6408]

What about, Unknown - Must Know Unknowns vs Unknown - Good to Have Known Unknowns. If you must know. I guess it all depends on timing. Timing is everything.

[@pradeeptavirlleypv2335]

Thanks >>> Will implement these three parameters :)

[@NO-fh8wm]

0:22-02:41 i'm on the 6-10 spectrum i.e. good decision maker 7:43-9:09 the take home message if anyone was wandering

[@kavitasatvi3206]

This was superb..

[@dejapearson9569]

Very informative thanks !

[@prem4302]

4th stage of decision making- deciding whether to undo the decision or not.

[@csrivishnureddy]

Duude🤣

[@fritzjhemarllauriano3630]

This video is so good for the college students 😁

[@prem4302]

I can tell that these dudes were nervous, but great job.

[@deepakkabilan]

Great video

[@fns3122]

very good presentaiton on the given topic

[@aamirahk]

I enjoyed listening to that

[@nanabampo438]

awesome!!!

[@melnjada2]

uhmmm, can someone explain how this would help me make a decision? because they were just explaining the process...the only takeaway for me was that "the earlier in life you make a decision the bigger the consequences".

[@creativerecreations1]

I could be completely wrong, but what I personally took from it is if you lean from 1-5, you're likely better at making decisions analytically and rationally, but if you're like myself on the 6-10 side and likely overthink decisions a lot, you probably have a better chance at making the best decision by listening to your own intuition. (which coincidentally I've always felt like I've had very strong intuition in this context, so it seems to make sense for me)

[@gaberoyalll]

I noticed there are 2 of the speakers. 2 minds will make good decisions.

[@_Vortex___]

I enjoyed it. 😁

[@miteshbhagwant4615]

me too 😊😊

[@oraoraora502]

Quite effective strategies for DM

[@stevenshackelford1937]

Excellent !!! Thank You.

[@teodoragoidea4005]

Who are the two Danish theorists with the target axis/chart thing at 9:12 ?

[@RaconteurShortStories]

hey I choose 5

[@JRMyzZz]

Make a decision NOW

[@williammaldonado6132]

Well..I chose # 5! But I'm good with that!

[@MartinLichtblau]

Sounds good. But forward open questions to the next step, and eventually confuses us making us forget those questions and teasing us home. - So "When do you know that you know enough?" - What if you know three options to choose from, but they are all shit, and you don't know the other 100 awesome ones?

[@natywvela6668]

Agree!!

[@natywvela6668]

In an important decision, later I knew I should have consulted and explored one of the options I discarded, I did consult with experts before the decision, but it is like they just went superficially on the matters even if they have deep knowledge, they gave quick advice. The decision I made was incomplete, and not so good. Still, it was useful to certain point, I mean could have being terrible to have kept undecisive and if we did not do anything on time. The issue is that the experts do not really matter the result and the won't invest as much. Maybe you can make an arrangement linked to the result so they really make the effort. I think you can make a checklist of sources to consult, include some experts in the area. Organize knowledge and make them review your plan.

[@mauricioweber8879]

Wonder why they don’t have 1M views?? A little click bait Mabe? Or.. maybe they should have mmm...?.?.?

[@connor7048]

If you can't make a decision between TWO options... FLIP A COIN, then whatever it lands on, if you somehow wish it was the opposite... then you have your decision.

[@SahajSoldier]

A bead of sweat forms on Donald Rumsfeld's forehead everytime someone mentions 9/11 and his name in the same sentence.

[@abhishekrao1169]

Came here after already reading The Decision Book. I felt like I know everything. :)

[@arvind109singh]

Book name?

[@nikhilghatnekar]

@@arvind109singh ??? The Decision Book

[@creativerecreations1]

@@nikhilghatnekar 😂😂

[@natywvela6668]

hahaha@@nikhilghatnekar

[@MagicWaterGirl31]

genuinely thought the 'old man' in the time is up section was an amongus for a bit

[@OfficialMaseratiRe]

I just didn’t get the closing.

[@casey5030]

9:43 Im at stage 3

[@faithfulpatriot5590]

16:25 The attacking Japanese *did not* employ Kamikaze aircraft. Kamikaze was implemented once it became apparent Japan was going to lose the war.

[@mikebirminghamnz]

I didn't understand the 1-10 number guess. It made no sense to me.

[@INFRAMUNDOsk8]

The book is much better

[@creativerecreations1]

which book?

[@boringmemes5718]

@@creativerecreations1 "The Decision Book"

[@socratead]

What's wrong with you guys? Couldn't you decide to make 3 Powerpoint slides with these graphs?

[@dualityofnature]

one connects with the audience better when you actually draw the visual in front of them. try it once! also gives more authority.

[@June-og8fw]

PowerPoint is so common that I found this style to be much more engaging and effective. Good work guys on making the extra effort to draw and write on the chalkboard for your visuals!

[@ManjuSingh-op7pe]

Pink सेंटर

[@norahabdulla746]

واااو

[@yeraldycruz4588]

ok, i do not make good decisions because i don't know what don't know lol

[@gustavoatwa]

that's a very good conclusion!

[@HerbaL1st]

This didnt help anything with descion-making.

[@ManjuSingh-op7pe]

मेरे हाथ पर वही तो है कि ८९

[@ManjuSingh-op7pe]

९०

[@ManjuSingh-op7pe]

और ⛵ दीपा

[@ManjuSingh-op7pe]

अंकिताबाप

[@butbutmybutt]

Perl habour they know unknown

[@ManjuSingh-op7pe]

Ear। Head

[@mdkalam-xe9sq]

The bored form conversantly dam because umbrella empirically reproduce about a attractive downtown. powerful, humorous vision

[@bojackhorsingaround]

Summary: There will never be a perfect decision in life but whatever you do with your available information be honest with yourself by factoring time, your research and cutting through your biases.

[@natywvela6668]

Accept the uncertainty, and your own imperfection while trying to make a good choice.