Laws for Making Good Decisions

From Good Decision Makers

Author, Charles Foster, PhD
The Chestnut Hill Institute

There are natural laws:

Law of Universe
Law of Gravity
Law of Relativity

There are man made laws:

Law of Averages
Law of Diminishing Returns
Law of Large Numbers

Basically, there are laws that govern in most every subject (civil laws, tax laws, probate laws, etc.). A law can read short or long. They help define parameters, limits and consequences of violation. They are to be abided by, and not broken purposely. They are designed to keep society in order. In all, that’s a heavy criteria for the subject of laws.

Q. Are there laws about making decisions?
A. Here is one submission by an author who looks credible:

“I have spent 10 years studying decision makers…identifying 35 people who

generally make good decisions and 35 people who frequently make

bad decisions... then watching over time as they make big decisions.

My research has led me to two conclusions...”

Good decisions come from disciplined thinking.

If you follow the basic laws of decision making, most of your plans will work out. Think haphazardly when you make a decision, and little of what you plan will pan out.

Good decisions are habit-forming.

Each time you make the right decision, you gain the necessary self-confidence to keep making good decisions. That’s why following the laws of decision making are essential.

So, here are Seven Laws for making great decisions:

[Continued in the Next Post]