Clicky

Mindfulness Leads to Better Decisions - Ideas for Leaders
Idea #438

Mindfulness Leads to Better Decisions

This is one of our free-to-access content pieces. To gain access to all Ideas for Leaders content please Log In Here or if you are not already a Subscriber then Subscribe Here.
Main Image
Main Image

KEY CONCEPT

Faced with a decision, we are more likely to take the path we want rather than the path we should. The reason is that the want choice is quickly identified through assumptions, easy categorizations or past experiences; the should choice only emerges when time and effort is made to consider new situations or alternative attributes. Increasing the state of conscious awareness known as ‘mindfulness’ during the decision making process will allow decision makers to see the better choice… before it’s too late.


IDEA SUMMARY

There is a decision to be made. The decision makers know what they want to do, and take action. Reflecting on the action later, however, they realize that they did not make the decision that they should have made. On reflection, they see the attributes of the should choice — the new elements or special situational factors that suggest a better choice to the one they made.

Why, then, did the decision makers not make the want choice in the first place? Because they made the ‘mindless’ choice. Mindlessness is not taking the time nor making a concerted effort to consider all the attributes of the choices before them. For example, mindless decision-makers will rely on past assumptions or experiences, without considering whether new circumstances point to a different choice.

The opposite of mindlessness is mindfulness. Mindfulness is a state of conscious awareness that, in decision-making, means taking the time and making the effort to consider alternative attributes and new situations — without taking any cognitive shortcuts.

Mindfulness is present during retrospection on past decisions. That’s why decision makers recognize the mistake they made. The key to more rational decision-making, therefore, lies in mindfulness-based intervention during the prospective phase (as opposed to the retrospective phase) of the decision-making process — in other words, when the decision is being considered and acted upon. 


BUSINESS APPLICATION

For leaders who have been disappointed — in retrospect — with the choices that they or their subordinates have made, this research offers a path to improvement in decision-making: mindfulness, in which decision-makers deliberately and consciously consider all the attributes of the different choices.

Introducing mindfulness is easier said than done. Time is often the culprit. It’s easy to take the time to be mindful when the pressure of making the decision is past. But in the heat of the decision, we are less likely to time to ponder all the alternatives and the specifics aspects of the particular situation under consideration; instead we rely on past categories and distinctions, which distract from the more pertinent elements we should be considering. (This distraction from the important elements that should be considered can be compared to advertising, which focuses us on the concept that drinking Coca-Cola makes us happy, while distracting us from issues such as calories or other impacts on health.)

To make the best decisions, avoid the distractions of easy categorizations and assumptions, or of what may have happened in the past. Focus on the present, taking the time to carefully consider all the new and perhaps unexpected attributes of the different choices; carefully identify which choices have the preferred attributes. The result will be mindful, not mindless, decision-making.


  • SHARE


REFERENCES

Why We Value Should Choices More Retrospectively And How Mindfulness Allows Us To Make Smarter Decisions Prospectively. Ben Shenoy, Michael Pirson & Ellen Langer. Fordham University School of Business Research Paper No. 2395452;  Humanistic Management Network, Research Paper Series No. 14-10 (February 2014).

Ideas for Leaders is a free-to-access site. If you enjoy our content and find it valuable, please consider subscribing to our Developing Leaders Quarterly publication, this presents academic, business and consultant perspectives on leadership issues in a beautifully produced, small volume delivered to your desk four times a year.

FIND OUT MORE HERE

Idea conceived

February 1, 2014

Idea posted

Sep 2014
challenge block
Can't find the Idea you are after?
Then 'Challenge Us' to source it.

SUBSCRIBE TO IDEAS FOR LEADERS AND ACCESS ALL OUR IDEAS, PODCASTS, WEBINARS AND RECEIVE EXCLUSIVE EVENT INVITATIONS.

For the less than the price of a coffee a week you can read over 650 summaries of research that cost universities over $1 billion to produce.

Use our Ideas to:

  • Catalyse conversations with mentors, mentees, peers and colleagues.
  • Keep program participants engaged with leadership thinking when they return to their workplace.
  • Create a common language amongst your colleagues on leadership and management practice
  • Keep up-to-date with the latest thought-leadership from the world’s leading business schools.
  • Drill-down on the original research or even contact the researchers directly

Speak to us on how else you can leverage this content to benefit your organization. info@ideasforleaders.com