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A FRAMEWORK FOR DECISION-MAKING

3. IDENTIFY THE OPTIONS
OVER-ANALYSIS
Paralysis of analysis slows down decision-making and can also reduce its effectiveness.
Too much data clouds perspective and leads to errors unless handled properly.
Moreover, as the amount of evidence increases, so confidence in the (less accurate)
decision also increases (piles of data give a warm feeling). This leads to over-confidence
in the decision and poor decision-making.