Types of decision making styles with Lauren Kress

Summary

In her video, Lauren Cress, the Business Scientist, explores five distinct decision-making styles: rational, intuitive, dependent, avoidant, and spontaneous. She emphasizes the importance of balancing logical reasoning with emotional insight to make informed decisions. While seeking advice can be beneficial, over-reliance on others may compromise personal autonomy. Cress warns against procrastination and the pitfalls of impulsive choices, advocating for a proactive approach in business. By reflecting on their decision-making styles, viewers can cultivate better strategies for growth and success. Join the conversation in the comments and subscribe for more insightful content.

Takeaways

• 😀 The rational decision-making style involves logical analysis and the use of data to achieve optimal outcomes.
• 🤔 Intuitive decision-making relies on gut feelings and instincts, particularly for experienced entrepreneurs.
• 👥 Dependent decision-making means seeking advice from trusted sources, but it's crucial to maintain personal autonomy.
• ⏳ Avoidant decision-making involves procrastination and fear of making imperfect choices, which can hinder progress.
• ⚡ Spontaneous decision-making is characterized by impulsive choices made in the moment, which can lead to regret if not thought through.
• 📊 Balancing rational and intuitive styles can enhance decision-making quality by incorporating both logic and emotion.
• 🗣️ Relying too much on others for decisions can lead to a loss of independence and personal empowerment.
• 🔄 It's important to reflect on your decision-making style and consider what adjustments could improve your approach.
• 🚀 Momentum is essential in business; avoiding decisions can stall growth and hinder opportunities.
• 💡 Engaging in conversations about decision-making styles can foster greater awareness and improvement in personal and professional contexts.

Q & A

What is the first style of decision making mentioned in the video?

The first style is rational decision making, which is characterized by a logical and systematic approach, focusing on facts and figures to predict the best outcomes.

How does the intuitive decision-making style differ from the rational style?

Intuitive decision making relies on gut feelings and instincts, often developed through experience, rather than just data and logical reasoning.

What does dependent decision making entail?

Dependent decision making involves seeking input from trusted advisors or others to help make decisions, which can be useful but may lead to a loss of personal autonomy.

What risks are associated with avoidant decision making?

Avoidant decision making involves procrastination and delaying decisions due to the desire for a perfect outcome, which can hinder progress and momentum in business.

What is the spontaneous style of decision making?

Spontaneous decision making is characterized by making quick, off-the-cuff decisions without thorough consideration, which can lead to regret later.

What is the ideal approach to decision making according to the speaker?

The ideal approach is to combine rational and intuitive styles, utilizing both logic and emotion to weigh the pros and cons effectively.

Why is it important to maintain autonomy in decision making?

Maintaining autonomy is crucial to ensure that individuals can make decisions that are in their best interest without overly relying on others for guidance.

How can avoiding decisions impact a business?

Avoiding decisions can stall business growth and prevent necessary actions from being taken, which is detrimental to progress and success.

What should individuals do if they find themselves relying too heavily on others for decision making?

Individuals should evaluate their reliance on others and seek to empower themselves to make their own decisions, rather than depending on others for direction.

What call to action does the speaker suggest at the end of the video?

The speaker encourages viewers to reflect on their decision-making styles and share their thoughts in the comments, as well as to subscribe and hit the notification bell for more content.