Decisions are part of our daily lives. With expert insight, Nuala presents strategies to overcome indecision. Nuala Walsh is a board advisor, behavioral scientist, and award-winning marketeer. After three decades in investment banking and asset management, she advises Fortune 500 clients as CEO at MindEquity, and is a Founding Director of the Global Association of Behavioural Scientists. Her Non-Executive appointments span commercial, sports, and non-profit sectors including UN Women, World Athletics, the Football Association, and the Innocence Project. Recognized among the Top 100 Most Influential Women in Finance, she now publishes in the Harvard Business Review, Forbes, and Psychology Today, and has been interviewed by BBC, Fox Business, and The Telegraph. She is a Visiting Speaker at the London School of Economics, Harvard Kennedy School, and INSEAD. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Decisions are part of our daily lives. With expert insight, Nuala presents strategies to overcome indecision. Nuala Walsh is a board advisor, behavioral scientist, and award-winning marketeer. After three decades in investment banking and asset management, she advises Fortune 500 clients as CEO at MindEquity, and is a Founding Director of the Global Association of Behavioural Scientists. Her Non-Executive appointments span commercial, sports, and non-profit sectors including UN Women, World Athletics, the Football Association, and the Innocence Project. Recognized among the Top 100 Most Influential Women in Finance, she now publishes in the Harvard Business Review, Forbes, and Psychology Today, and has been interviewed by BBC, Fox Business, and The Telegraph. She is a Visiting Speaker at the London School of Economics, Harvard Kennedy School, and INSEAD. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
- reverse the thought
- take something that is big and make it feel smaller (mentally shrink it)
- Instead of thinking of the top 10 or top 20, think of the top 3, then critique the idealized outcome.
- By deliberately finding the imperfection of something, you reduce the consequentiality and its magnitude
9:07 It's Too Far
- Ask yourself, "How will the decision feel in 2 days, 2 months, 2 years, and 2 decades?"
- Visualize yourself in that state
11:46 It's Too Hard
- Positively Frame the Decision
- Instead of looking at it as binary (either/ or), expand optionality
- Think about the alternatives you may have
- With this, you reduce fear, finality, and foreboding.
14:55
Probability Test - composed of 3 simple questions
- If I make this decision, what's the worst thing that will happen?
- What is the likelihood of this happening?
- If this happens, what will I do next?