Chaos affects people differently, especially in decision-making.
- For years I’ve been discussing the affects of chaos on different behavioral profiles (or emotional responses to the environment).
- High Dominants always need to control, for example.
- When chaos surfaces, and it usually does in some form or another, it can create stress on them.
- They feel like their losing control and panic. So much so, that High D’s can become authoritative, even to the point of micro-management.
- The reason: they must regain control, and the only way is for them to step in and doing it the right way – as they believe they are the only one’s that can do it.
Culture also plays a critical role in decision-making.
- By culture, I mean the fundamental premises, the general beliefs, and the habits and customs that, in sum, demonstrate a certain mindset and focus. Here is another example of how culture affects decision-making.
- This article from MarketWatch is fascinating because it discusses Gen Y and their move to redistribute other people’s wealth.
- The article describes the generation as perceiving themselves as “have nots,” a large group of people are disadvantaged because of forces outside their control.
- Other people have gained wealth, the theory goes, because of unfair circumstances. What’s the remedy? “Let’s get our wealth [unearned, of course] back.”
Do you want understand how culture affects decision-making? I recommend this article because of it’s clear connection between ideas and actions. Check out the article here: https://www.marketwatch.com/story/the-world-is-on-the-cusp-of-a-new-era-says-deutsche-strategist-and-heres-what-it-means-for-markets-11599589831