My Photo

Links


  • Career Tips
  • Baby Boomer Tips
  • Mentoring and Coaching
  • Getting to Know You


  • Add to Technorati Favorites
  • Leadership Tips

  • Google

Subscribe Here

Syndicate blog


  • MSN Alerts


  • Subscribe in NewsGator Online




  • Add to Google

  • Google

Leadership

Advertising

Books

« Decision Making: The Anchoring Trap | Main | Decision Making: The Sunk-Cost Trap »

Decision Making: The Status-Quo Trap

ThinkingBefore making an important decision, prudent managers evaluate the situations confronting them — and often fall into one of the eight traps of faulty thinking.

Researchers have identified a series of flaws in the way we think when making decisions. They are hardwired into our thinking process, so we often fail to recognize them. 

While we cannot entirely rid ourselves of them, we can learn to understand the traps and compensate for them.

The Status-Quo Trap

We are predisposed to perpetuating the status quo.  Deep within our psyches, we are self-protective and risk-aversive.

The Antidote

Don’t maintain the status quo just because it’s comfortable. Do so only when it turns out to be the best choice.

  • Remind yourself of your objectives. Examine how they would be served by the status quo.
  • Never think of the status quo as your only alternative. Identify other options.
  • Ask yourself: Would I choose the status quo if it weren’t so?

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/308674/32645240

Listed below are links to weblogs that reference Decision Making: The Status-Quo Trap:

Comments

You are exactly right, some leaders do get too comfortable with their environment, and as a result, the spiral into mediocrity begins. Not a good place to be ... my advise is to never ever, ever tolerate mediocrity - it's a curse.

Post a comment

If you have a TypeKey or TypePad account, please Sign In