Trust, but verify!

When making significant decisions, we are frequently counseled to do what feels right in our hearts. On the other hand, this is not the best piece of advice. It is a common misconception that we can always trust our hearts and instincts, but this is not the case. To put it another way, every irrational choice can end up costing us. Believe me! Many different resources, such as time, money, and health, could suffer.

Follow your heart, but take your brain with you.

Doing the opposite of what your gut tells you to do is the most effective way to make decisions. Instead, it is preferable to base your decision-making process on data, consulting with people you can depend on, or even consulting with a complete stranger on occasion, as he can be the most objective of all.

A friend may be waiting for you behind an unknown face.

We have access to a wealth of information thanks to the internet, from Wikipedia profiles to Facebook and Instagram relationship status updates, all of which are readily available with just a few clicks. But after carefully examining this data, it is now simpler than ever to draw conclusions from this vast amount of information and arrive at conclusions that are supported by the facts.

Data analysis has led to many successful decisions for professionals in fields as diverse as sports and the stock market. Here in the Silicon Valley, information is everything. A Google designer, for instance, left the company because of a disagreement over the appropriate color blue for an ad link. The designer’s goal was to trust their gut and pick a color that spoke to their style. Changing the color resulted in a higher click-through rate, as evidenced by the data. Google’s decision to put faith in their data rather than the designer was validated by the conversion metrics.

If you think you’re smart, think twice to be smarter.

You can trust your instincts or follow your intuition. Listen to your heart, but it turns out that all of that old wisdom is suspect. The right decision is often the one that appears risky or counterintuitive. Fortunately, relying on data insights makes it simple to determine the best course of action. Data-driven decision-making has been shown time and again to produce results, from Wall Street to Silicon Valley.

Good Luck!

The original article may be found here: https://www.admir.live/post/trust-but-verify

References:

• https://www.datapine.com/blog/data-driven-decision-making-in-businesses/#:~:text=Why%20Data%20Driven%20Decision%20Making%20Is%20Important%3F,business%20decisions%20for%20sustainable%20growth.
• https://online.hbs.edu/blog/post/data-driven-decision-making
• https://www.binfire.com/blog/why-data-driven-decision-making-is-so-important