Smart Choices Book Flashcards

1
Q

What are the 8 keys to making smart choices?

A

PrOACT - URL

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2
Q

According to the author, the ability to make smart choices is a ________________ life skill

A

fundamental life skill

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3
Q

What are the SIX criteria for Effective Decision-Making Process?

A

The 6 different criteria for Effective Decision-Making Process is the following:

> Focuses on what’s important

> Logical and Consistent

> Both Subjective and Objective factors are acknowledged and blends with Analytical and Intuitive thinking.

> Requires only as much info and analysis as is necessary to resolve a dilemma

> Encourages gathering of relevant information and informed opinion

> Is Straightforward, Reliable, Easy to Use, Flexible

Summary - Solutions with minimal loss of time, energy, money, and composure.

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4
Q

What do the 3 remaining elements do for decision making?

A

Uncertainty
Risk Tolerance
Linked Decisions

They help clarify decisions in volatile environments

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