Sensible & Sound Decisions
In addition to those skills, John Spacey, writing on Simplicable.com, emphasizes the need for pragmatism and situational awareness. Accepting “difficult real-world conditions such as uncertainty, grey areas and imperfections” is a must for making sensible and sound decisions. Equally important is the “ability to be highly observant and diligent to respond to fast moving situations,” he writes.
A business owner who was nearing retirement invested her life savings in a business enterprise that had been elaborately explained to her by a swindler.
When her investment disappeared, and the wonderful dream was shattered, she went to the office of the Better Business Bureau. They asked, “Why on earth didn’t you come to us first? Didn’t you know about the Better Business Bureau?”
“Oh yes,” said the businesswoman sadly. “I’ve always known about you. But I didn’t come because I was afraid you’d tell me not to do it.”
It’s a sad story we’ve heard over and over again. Too bad her judgment didn’t lead her to ask questions that she might have asked about the proposed investment: Is this a risk I can afford to take? Is this person honest and trustworthy? Is this the right time to take such a gamble? What if it doesn’t work out as planned?
Simple but necessary questions could have saved her a life of regret.
Mackay’s Moral: Judgment is knowing which door to open when opportunity knocks.