ANALYSIS
PARALYSIS
VS
EXTINCT BY
INSTINCT
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WHAT IS
ANALYSIS PARALYSIS?
Analysis Paralysis is when an
organization, a team, or a person
cannot make a decision and
progress, thereby entering into a
state of paralysis. This could be
either due to a flood of
information or the tendency to
overthink or overanalyze to get
the perfect outcome.
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POSSIBLE CAUSES OF
ANALYSIS PARALYSIS:
Overwhelming incoming data
or many options or possible
solutions associated with the
issues.
Inexperience in handling data /
information.
Extensive experience in data
analysis and generating many
solutions at each step.
Tremendous risks or
uncertainties are involved.
Striving for perfection
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In Analysis paralysis, the process
gets stuck up at Analyze data
step, so rather than going forward,
more and more data is collected
to analyze further. So a loop is
created between these two steps,
and no decision gets made,
leading to process paralysis.
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POSSIBLE OUTCOMES
OF ANALYSIS PARALYSIS:
Extension of deadlines
Loss of opportunities-
Opportunity cost.
Loss of trust of stakeholders
and team members.
Project failure
Significant impact on financial
stability and, in the worst
scenario, can lead to loss of
human life in health-related
issues.
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WAYS TO AVOID
ANALYSIS PARALYSIS:
Making more minor decisions and
decisions with less risk.
Use of more reliable data.
Use experts to Interpret the data.
Have a backup plan if the decision
turns out to be a bad one.
Choosing two or three best
possible solutions and rethinking
them to select the best decision.
Agile methodology with iterative
steps and more emphasis on
functionality(value creation) rather
than the product specification.
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WHAT IS
EXTINCT BY INSTINCT?
Extinct by Instinct is when an
organization, a team, or a person
makes an incorrect decision in
haste without detail or with little
analysis. Such choices are often
detrimental to the organization.
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Extinct by instinct can be the
consequence of the ‘GroupThink’
phenomenon. Where a group
usually takes a quick, unanimous
decision, without any detailed
analysis and by the conviction of
the majority of the group
members and others who are
opposed to it, give the nod to the
decision for the sake of
maintaining goodwill and group
value.
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MAJOR FALLOUT OF
EXTINCT BY INSTINCT:
High risk of turning into a
wrong decision, significantly
impacting an individual's or
corporate's stability, financial
and other key performance
indicators.
High risk of project failures
with significant monetary loss.
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WAYS TO PREVENT
EXTINCTION BY INSTINCT:
Data and information analysis
are to be made before making
any decision.
Detailed risk analysis of any
decision to be done before
implementing it.
Group thinking phenomenon to
be checked, decision-based
on scientific analysis to be
implemented.
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CONCLUSION
It is very important to avoid both
contrasting phenomena- Analysis
paralysis and Extinct by Instinct
phenomenon. Instead, a mid-state
has to be maintained, with
prudent decisions based on
detailed analysis, but without
getting stuck at the analysis step
and making the best possible
decision before the projected
deadline.
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