To ensure her decision-making process is sound, Turrentine tuned to a virtual talk by Ralph Keeney, research professor emeritus at the Fuqua School of Business. The August talk, called “ Nudge Yourself to Make Smarter Decisions,” was part of Fuqua’s ongoing series on LinkedIn Live where professors and leaders share expertise in 30-minute sessions. Dr. Keeney’s presentation was based on his new book “ Give Yourself a Nudge,” published by Cambridge University Press in April of this year. The LGCA respects the Nations who were the first to protect and care for the land and water, and we recognize that we all benefit from that today. We respect the Treaties that were made on these territories, affirm our commitment to reconciliation, and hold the spirit of the Treaties in the forefront of our regulatory work. Making smart choices is a fundamental life skill, relevant to everyone: business people, doctors, lawyers, teachers, students, parents, young, and old. Your decisions shape the course of your professional career and the quality of your personal life. Yet few people learn real decision-making skills. Consequently we approach our choices tentatively, or even fearfully, and avoid giving decisions the time and thought required to turn them to our best advantage. Smart Choices offers the first straightforward, easy-to-follow process designed to improve the way you make business decisions, family decisions, personal decisions—any decision that can help you reach your goals. We provide independent insurance agents with access to top-rated markets, product training, and sales and marketing support–and we’re the only no-fee program of our kind! We don’t weigh the advantage / disadvantages of each alternative. Because even the best option has a disadvantage and the worst option has an advantage.

Making Smart Choices: 8 Keys to Making Effective Decisions

The LGA consulted broadly with Manitobans, including hospitality industry representatives, as part of the development of Manitoba’s new liquor laws in 2014. The LGA has communicated with all retail and service licensees about Smart Choices. Giving yourself time to think of other alternatives will often reveal new and better alternatives,” Keeney said. “The more alternatives that you identify, the more likely your choice leads to a consequence that achieves your objectives.” Weight the criteria. Different criteria will vary in importance to a decision maker. Rational decision makers will know the relative value they place on each of the criteria identified. The value may be specified in dollars, points, or whatever scoring system makes sense.

Any time we have questions about where to place business, or best practices on how to work with certain companies, our Smart Choice rep is more than willing to help. He’s knowledgeable and I don’t remember a time when one of my agents has had a question that he hasn’t been able to answer. We wanted to try to get “single entry” market access to standard lines carriers. Since we are a smaller agency, it would have taken us forever to achieve the volume required to get direct contracts with some companies. Smart Choice makes it much easier to know where we are going. The MGA’s we used previously had inconsistent service, were often gobbled up by other MGA’s and we get lost in the shuffle. This framework can help you make better decisions. Of course, sometimes good decisions go wrong. A good decision, however, increases the odds of success. We provide independent insurance agents with access to top-rated markets, product training, and sales and marketing support — and we're the only no-fee program of our kind.

Smart Choices Liquor Service and Retail Certification Smart Choices Liquor Service and Retail Certification

For example, Keeney offered a decision around a new position. Your thought process may begin with whether to accept a new job – a yes or no. A useful decision statement would be “decide what type of job would be better for my career” or “decide what job would provide the most enjoyment and offer opportunities to expand my skills.”The book essentially breaks down rational choice/decision theory into key components: the problem, objectives, choice alternatives, consequences. It adds uncertainty, risk attitudes and future interactions with other choices only at the end, even though for approximately all key life choices these aspects are significant and unavoidable. The new cannabis course is now available. All recent entrants into the cannabis industry will now be required to complete their certification. There are other aggregator type groups out there, but I feel like their contracts tie you in much longer and much deeper. One big advantage is that Smart Choice stops taking a commission percentage once a certain level is reached. With some of these other networks and aggregators, you don’t have that cap. They’re going to take a percentage of what you do in perpetuity, and they’re going to take it at that same percentage no matter how big your book gets. To me, that makes Smart Choice a very equitable and fair proposition. The impact on our agency has been significant. We were able to reach the commission cap in a very short period of time which now allows us to be paid 100% of the commission from the carriers. We also qualified for profit sharing this year which greatly impacted our agencies revenue. What do you care about?” Keeney said. “People often jump in and go with the first alternative that contributes to an obvious objective without thinking about long-term consequences. Will you be happier making more money with a new job, if you do not learn much or enjoy what you’re working on?”

Smart Choices - Education

The concepts were still not groundbreaking, but the various methods they proposed for making tradeoff decisions demonstrated a concrete way to deal with discrete factors in a decision. A lot of it still comes down to gut feeling, but by laying all of the data points out and making tradeoffs, it still feels good to have seemingly accounted for all of the known variables. We have to accept that there is still much information we don’t know and can’t ever know until the outcome of any option

The course includes short articles for you to read and videos to watch, plus activities and quizzes with tips to help you better understand the study and career opportunities. There is also the chance for you to learn from and support other learners through online discussions.

How to Make Smarter Decisions | Duke Today

Equip your children with the knowledge and values that they need to make smart choices for a smart life. Enroll in the Smart Choices programme and be part of a movement that prioritises their holistic development and well-being. See if you can brainstorm new decision statements and objectives to create alternative results to the question at hand. Keeney said never to settle on the first alternative that you come up with.Keeney said to let your values, as expressed by your objectives, guide your thought process during this step of the decision-making process. Keeney suggests making a list of everything you want to achieve as consequences of the decision with a verb in front of an object.