Analysis Paralysis…try this Instead

A decision is a judgment. It is a choice between alternatives. It is rarely a choice between “almost right” and “possibly wrong”

Analysis Paralysis…

Do you seek additional information constantly when faced with making a choice? Once you have more information, does that satisfy you or create even more questions that now require more information and analysis. Does this cycle ever repeat, causing needless delays, postponements and cancellations? Have you fallen down the rabbit hole of information overload?

If so, you may be suffering from Analysis Paralysis.

The good news is that there is a cure.

It starts by realizing Perfection does not exist. One’s constant search for Perfection in knowledge and information is unattainable; it is a stall tactic.

It may be more Indecisiveness that is preventing you from moving forward.

The Father of Modern Business Management, Peter Drucker, provides the best cure for Analysis Paralysis:

“A decision is a judgment. It is a choice between alternatives. It is rarely a choice between “almost right” and “possibly wrong”- but much more often a choice between two courses of action neither of which is provably more nearly right than the other.”

Peter Drucker, The Effective Executive

I fall back on that last sentence frequently.

I hope it helps you too!

 

Information: What can you Remove and not Notice?

We can filter the information we receive and consume in much the same way to help reduce Noise and make the information Signal clearer.

We are inundated with information and data every day. With information, more is not always better.

Every day we use data in the form of sound and images, which have undergone some form of data compression to make transmission, use, and storage more efficient.

We have GIF, JPG, PNG, TIFF, BMP, VECTOR, and RAW data formats with imaging. Audio formats include MP#, ACC, WAV, FLAC, and AIFF, to name a few. When we enjoy viewing pictures or listening to music, we are not thinking of the data that has been removed; we are enjoying the benefits of technology that has chosen to optimize for our benefit.

We can filter the information we receive and consume in much the same way to help reduce Noise and make the information Signal clearer.

Do you use Social Media for information (Facebook, Instagram, Twitter), or do you have a News Outlet you go to (NY Times, Washington Post, Wall Street Journal, Financial Times)? You might aggregate your favorite websites and blog posts using RSS feeds, or you might search more precisely with Google Scholar or PubMed. Finally, you might go directly to the primary source, including Books or Journal Articles.

Whatever your choice, make sure your source fits your needs and intended use. More information is not helpful if Paralysis Analysis sets in. Are you optimizing for Speed, Size, or Quality?

Information is endless today. Know your objective before you embark on your search.