Sunday, January 20, 2019

MSLD 632 Module 2 - How to Make Choosing Easier


How to Make Choosing Easier


Psycho-economist and author of The Art of Choosing, Sheena Iyengar, through her research at Columbia Business School, shows one common issue people often face while making choices: the choice overload. She stated that nowadays, this became a common disturbance on the decision-making process.

For that problem, Sheena Iyengar propose four potential solutions:

1.      Cut, getting rid of the extraneous alternatives;

2.      Concretize, making the choice more real;

3.      Categorize, with less choices and more categories;

4.      Increase gradually the complexity, to keep the chooser engaged.



Summarizing, and defining the four techniques/ methodologies in one word, I would say “simplify”. The simpler it is, with less alternatives, quantitative and qualitative speaking, the easier and more probable it is a potential chooser to choose, according to the research.

These techniques, in my perspective, can be applied in every choice to make, not only as a consumer or customer, but also in daily personal and professional choices.



Cut and My Personal Implications

Hoch (2001) mentions experiments suggest that if there is too much stimulation, decision makers may try to simplify their behavior and thus choose less variety, or exhibit less creativity and openness to new ideas

This week I was listening to a podcast with Brian Tracy, speaking about building confidence and time management, and he mentioned that lack of focus or distraction is the main barrier to achieve success. I personally believe that information technology heavily affects the choices I make towards my personal success, due to the several choices I can make with an electronic in my hand. Every communication channel in a mobile phone, tablet or computer, nowadays, offer hundreds to thousands of links to click.

For an instance, I choose to distract while having my coffee in the morning, watching videos online (informative comedy), looking at my personal email, replying to my close friends and family, playing an easy game (sudoku, solitaire) and so forth. While doing so, I often realized that I spent more time that I planned to do so, just distracting before starting my day. Knowing that, last year I canceled all my social media accounts. It helped me to get less distracted and decreasing my procrastination, however I am still in the process of avoid distraction and alternatives that will not help me on achieving my personal and professional goals. The next step I made was deleting all game, news and video apps from my mobile phone, and in case I want to access something specific I do so through the website.

I believe these are potential practical solutions to cut extraneous alternatives, however I also defend the idea that cutting alternatives involves the little and often neglected choices one makes daily, as checking a device first thing in the morning for example or choosing to occupy your mind while having breakfast.



Concretize and My Professional Implications

Making my choices more real would imply in focusing my attention and work in one thing at a time, and automatically improving the quality of the results. For example, when people ask me what I want to do with my master’s degree, or what is my professional goal, I reply that I have short, medium and long terms goals. My short goals are working as a leadership trainer in a commercial airline for employees in the front line, my medium term in participating in researches and assisting coaches to get more experience to achieve my long term goal, which is being a Leadership Coach for Leaders. Because I aim the top of the stairs, I struggle to feel my short-term goal real, and I do not spend time working on it.

I know it is a step to achieve the long-term plans, but because I do not see it concrete, I cannot feel it. A possible solution would be doing researches and making a structure plan to enable me to climb the first step, and gradually achieve goal by goal, which brings me to the fourth methodology shown by Sheena, when trying to avoid complexity.



My own potential solution

Stop procrastinating and looking for distraction, I believe is a powerful way to increase my ability to make decisions. Even knowing the benefits of the two current I have, I realized they regress my learning and development process.



References

Hoch, S., Gunther, R., Kunreuther, H. (2001). Wharton on Making Decisions. New York, NY: Wiley.

Iyvengar, S. (2011). How to make choosing easier. https://www.ted.com/talks/sheena_iyengar_choosing_what_to_choose. Retrieved on January 19t, 2019.





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