Mindfulness and Decision Making
How does mindfulness contribute to successful decision-making?
Publication Date: February 2023
Effective and high-quality decision-making is critical for commercial, team and business success. The level of quality in decision-making impacts the success and failure of any business. The role of the leader is of great interest when it comes to researching decision-making. For effective, clear and concise decision-making, we need to understand how and why decisions are made.
Raising self-awareness around how an individual makes decisions and how to improve their decision-making is key to developing an individual's performance and impact. But where does mindfulness come into this? After a robust assessment of key decision-makers by using the BeTalent Decision Styles tool, decision-making styles of those with established daily mindfulness practice were compared to those without. Results suggested those who practice mindfulness were more open-minded and agile when being faced with decision-making. An open-minded approach is more agile and considered when hearing alternate perspectives, without getting overwhelmed by the multiple views and opinions.
Identifying personal decision styles and attitudes toward perceived risks will allow for enabling an open-minded approach. Practicing mindfulness and developing an open-minded approach to decision-making will allow ambiguous situations and multiple alternatives to be much less daunting - something that is of benefit in the volatile, uncertain world that we live in.
