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So, you produce the product nationally, and lo and behold, sales tank where there’s no body of water.That’s a very simple example to state the obvious: don’t decide until you have a deep, rich pool of information.
Only, things change, and if you’re not flexible you’re going to end up broken.
That doesn’t mean that tradition is wrong, but neither does it mean that it’s right.
” Then you realize you heard that from a spokesperson on a TV commercial.
It’s important to only trust a person in authority if they’ve earned that trust because they’re knowledgeable, experienced and skilled.
Often an adherence to tradition means a reluctance to try new things.
That means a retreat from innovation, which is bad business.It’s making a decision without all the facts having first been gathered and understood in context of the decision you’re making.For example, let’s say you’re going to exploit what you see as a consumer need for some kind of widget.In myriad ways, but for the sake of brevity we’ll examine seven examples of logical fallacies that should be avoided.In short, a hasty generalization is when you neglect to perform your due diligence.But even in such cases it never hurts to run their argument through the ringer to make sure everything makes sense before you agree.Another logical fallacy is when you think, “We’ve always done things this way, so it must be right.” Wrong. Related: Mastering the Decision-Making Process: A Practical Guide This, like all logical fallacies, is when we get lazy and turn off our minds. We work hard, have responsibilities at home, etc., so sometimes we just don’t think and blindly assume that since it’s tried and true it’s the right decision.We give people authority all the time for little to no good reason.Have you ever been at the supermarket and picked up a product, thinking: “I hear this is great!If someone argues that your organization shouldn’t pursue a project because no one has ever been able to achieve its objective previously, that is not a solid argument.Appealing to ignorance is used more often than you’d think. Of course, we’re all ignorant of many things, even those things that revolve around the subject of the argument, but that doesn’t mean we throw up our hands and give up.