Management Tip of the Day: Trust in Your Decision-Making Skills

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile FEBRUARY 5, 2010 Trust in Your Decision-Making Skills Yes, knowledge is power, but too much knowledge can take away your power. When solving problems, many leaders gather an abundance of information and conduct in-depth analyses to give them what they hope are the right answers. This can lead to analysis paralysis or to data-driven, but illogical, answers. Often the best answers are educated guesses informed by your past experiences coupled with new information and insight. Don't put too much faith in information analysis alone, and don't disregard your decision-making skills. Remember to always check answers with your gut before acting. Today's Management Tip was adapted from "Why Wise Leaders Don't Know Too Much" by Jeff Stibel. Read the full post and join the discussion » Share Today's Tip: RELATED PRODUCT When Your Gut Speaks, Should You Listen? Harvard Management Update Article Sometimes intuition leads you to better decisions. And sometimes it doesn't. In this article, the authors talk with executives and decision-making experts about recognizing when to trust your gut. ADVERTISEMENT Follow the Tip: ALSO OF INTEREST Don't Trust Your Gut How to Bounce Back from Adversity When to Trust Your Gut Change the Way You Form Your Assumptions Brief History of Decision Making PREVIOUS TIPS How to Prepare for a Tough Performance Review Encourage the Use of Social Media at Work 3 Tips for Masterful Decision-Making Forget Breakthroughs: Take Innovation Baby Steps 3 Tips to Avoid Wasting Time Online Be a Better Listener How to Set Up a Growth Group 3 Steps for Asking for Help without Looking Stupid Get Creative by Zoning Out How to Manage Your Pet Peeve HBR Online Trial Access HBR's in-depth business archives FREE for 14 days. Register today » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "Management Tip of the Day" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 1-800-545-7685 (617-783-7600 outside the U.S. and Canada)