Change Quote by Noreena Hertz
“Most of us are going through life without interrogating whether our decision-making processes are fit for purpose. And that's something we need to change - especially when the stakes are high and the decisions are of real import.”
About This Quote
Source Speech: TED Talk, “The Future of Decision Making”, 2015
People often make choices without evaluating if their decision methods are effective, especially under high stakes.
In simple terms: Unexamined decisions can be risky.
Assess your decision process regularly.
Themes
Mood
Type
When to use this quote
- business strategy
- personal finance
- healthcare choices
- public policy
Key Concepts
Questions to Reflect On
- How do you test your decision framework?
- What stakes are you ignoring?
Methods may not adapt to novel problems.