In a Harvard Business Review article, Mike Erwin identified six reasons that can lead to poor decisions. Our final reason is analysis paralysis.
In today’s Information Age, we don’t lack for information. More information typically leads to many taking longer to make decisions, especially if you want to have all the facts before making decisions.
Since one Google search can turn up millions of results, one can easily overanalyze any possible decision.
Solomon learned and shared about moderation in Ecclesiastes 1:18 when he wrote, “For with much wisdom comes much sorrow; the more knowledge, the more grief.”
Mr. Erwin recommends determining the pertinent information you need, not chasing more data. Once you have the important information, set a deadline for when the decision will be made, then stick to it.
