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Intuition and Business

Intuition and Business

By Zuvin MaharzanPublished 4 years ago 4 min read
Intuition and Business
Photo by Ryan Ancill on Unsplash

Once you get into the decision-making process and know that you can manage all kinds of results, it becomes easier to make decisions. Tolerable mental instability requires closure, and this seems to be one of the key functions of intuition, but the smart decision-making process requires ongoing evaluation in many other ways.

We do not tell you to throw numbers out the window whenever your little heart desires, but we do say that using common sense and insight can help you make sound business decisions. Instead of relying on gut instinct to make difficult decisions, you can align your mind with intuition. When you build a foundation of trust, your emotions will be strengthened and you will always make the right decision.

Researchers such as Associate Professor Laura Huang have found that entrepreneurs who make successful decisions about intuition realize that their gut has better knowledge than the purpose and knowledge available. We do not have to guess at scientific conclusions to benefit from our ideas by reasoning and making decisions in this way. We can respect understanding and understanding, and use both to make decisions, be influential leaders, and strike an internal balance.

With this in mind, we should not be surprised to learn that some of the world's most successful leaders and innovators use their imagination when making critical decisions. Using a mindset to run a successful business is possible, and many executives say that at least part of their success is due to emotion. You might think that intuition is another tool in the belt of economic instruments.

Entrepreneurs, CEOs, and other leaders tend to trust their feelings, but this is not the best way to make important decisions. The main reason for this is that strategic business decisions often take place in an unexpected and competitive environment and do not always produce the same results. I see intuition as crossing lines, rather than sitting down and waiting for others to say and make decisions based on the results of other companies.

Every day, a series of decisions have to be made, from strategic decisions (business model, product direction, strategic decisions related to customer issues, employee issues, etc.). Many business decisions are made based on data analysis, but on intuition and hunter-gatherer approaches. Wise decision-making is the opposite of sound decision-making when people use analysis, facts, and a step-by-step process to reach a decision.

When we do not know what decision to make or what decision to make, the result shows that we have a responsibility to make decisions. This creates problems, and we look at them to see if we are following our intuition. Our ideas are at least related to the experience we have had and what we are doing is a process of interpreting the situation based on these experiences.

Perhaps our feeling is connected, at least in part, with the knowledge we have and what we do to process translation into a situation based on that experience. Intuition builds on our experience, which is a rich source of wisdom. The experience of the decision-maker in the past has contributed to the refinement of his true feelings.

Early indications of this hypothesis have been confirmed by recent research at the Munich Business School as part of a master's dissertation on information management: an analysis of how the method of understanding influences factors in company decisions. Researchers from the Australian Graduate School of Entrepreneurship look at aspiring entrepreneurs - people who have built several businesses with great success find that 80% of them rely on learning and integration and their ability to comprehend your rating options. The decision-maker trusts his or her stomach and uses his or her emotions and does not go back to previous experiences, even if he or she is not needed.

The fact is that those who can intuitively combine facts, analyze data and predict whether it is possible based on their field of expertise to develop these skills. Sensible people, or people in their community who seem to understand things naturally, think of the amazing ability to understand quickly in any situation. But the fact is that those who gather facts by analyzing, analyzing data, or predicting possibilities based on their field of expertise develop these skills.

If you wonder how great leaders can reconcile the thinking of their data-driven business with the general reliance on the information, it’s because they get into the kind of emotion that transcends the natural gut of thinking that Gladwell and Kahneman are engaging with. Intuition has its place in decision-making, but man cannot ignore the desires of man, or his conscience, or look at intuition instead of reason, or dangerously deceive himself. Here are three steps you can take to begin the process of preparation for mediation.

Thanks to Malcolm Gladwell and Nobel Prize winner Daniel Kahneman, we can now warn about the dangers of using emotion to make important decisions. Our desire to believe in the wisdom of understanding can keep us from seeing the romantic truth of corporate decision-making. In some cases, our perceptive powers play a vital role, but our gut, which is often incomprehensible and difficult to determine, influences the decision itself.

As one of the tools for making human decisions, a sense of understanding seems to provide another reliable means of a careful collection of facts and analysis. Yet another part of the business seems to fall by the wayside: intuition. Remember that the battle between logic and intuition is far from over and that numbers mean only part of the story.

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About the Creator

Zuvin Maharzan

Always have been a MCU lover.

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