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Decision making and ratio analysis by Joseph Jagde





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Decision making and ratio analysis by
Article Posted: 03/23/2012
Article Views: 118
Articles Written: 333
Word Count: 862
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Decision making and ratio analysis


 
Advice,Blogs,Art and Culture

Decision making and ratio analysis

There is such an explosion of information and seeming possibilities out there that many of us are finding it more and more difficult to make a decision and actually follow through on it.

Then we want measures of some sort up front and center, when it is in many cases quite difficult to measure what’s involved, and one example of that might be meaning.

I might be doing a job for example, where I am making decent money, and that means something to me but the work itself really doesn’t mean anything to me, and I have not adequately taken that into account in that as far as the measure of money, which comes into a more precise figure, this job is okay but as far as meaning, which is less tangible but no less real, the job doesn’t even make the chart.

Then the decision isn’t really stretched out in front of me, lots of things are good for the day, week, or month, but the stretched out scenarios as going into the longer term might yield different pictures and one choice, might if stretched out be much better than another choice if looked at with the frame of a longer period of time.

The two choices look different, if both are stretched out into the longer time frames opposed to the shorter time frames.

It might be more exiting and exotic for me too spent two weeks in the Antarctic region rather than in the tropics, but if I have a choice between the two for a 4 month time frame I kind of know that I feel better in the tropics with a little heat.

Then I may want to put more emphasis on a choice that has a do it now quality rather than later.

I may want to involve myself in some casting calls while I still have some nice locks rather than tapping into this idea years from now, where I might be having some bad hair days and lots of opportunities, whether they are relatively fantastic or not, are at least real and at least tangible to the present and I can consider that these opportunities, night be opportunities foregone as time goes on and I can’t always be thinking that the opportunities in the now unknown future are always going to be so much better.

A simple example is the weather, which is great for some outdoor stuff now, but who knows if it is going to hold on that way for days upon days.

The grass always seems green in the future but there might be some green grass now that I might as well consider and tap into a bit.

I also might be making poor decisions by being overly conclusive on scant evidence when the initial evidence is in fact pretty good but since it is not fantastic I don’t consider it as much.

Pretty good is something to put into the positive ratio in ratio analysis. Hey hanging out with this person is pretty good, and even though I enjoy other people, and there are many other people, why not also keeps the friendship going here as well.

The primary thing with ratio analysis is whether I can put this into a positive ratio to start with and if I can at the least I can consider it and work with it in ratio format and as ratios change a bit, I can still keep the ball in the air as I am juggling many ideas and decisions as to what to do with my limited resources of time, effort and energy.

Once I am finding any number of things and options in the positive ration, I can begin to jettison some ideas that I have been carrying that constitute too much baggage and too much negativity.

Then I can see that even if the ratios are going to change, I still have this ratio going to where I have this as 2 to 1 above that and if anything it will go to 3 to 1 or 4 to 1 so I will keep the decision in favor of this route.

I already have the next 3 months as 2 to 1 to spend in Italy as opposed to here and it might in fact jump to 4 to 1.

Or I’ll always prefer hiking with people in remote terrain over being in the wilds by myself as the lack of company gets me more paranoid about the bears and the like.

So the ratio analysis on preferring to hike with people in remote mountain rangers will also be in the favorable terms or rating.

Or I’ll always prefer to read books that are non mathematical all things being equal, on average.

It is somewhat vague, but we are dealing with real ratios in terms of preferences and it is good to at least be aware of the ratios, how they might increase or decrease and also how in some cases there are really firm ratios and we can use in rough terms ratio analysis in our personal decisions going forward.

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