Is there such a thing as too much knowledge? Is that possible? Through the course of his education, Jeff Stibel learned valuable lessons regarding knowledge and wisdom. An entrepreneur and brain scientist, Stibel writes about how he has learned that “wisdom can be shattered by too much information.” Like a bookshelf only holds so many books, our brains only hold so much information before we can suffer from the “knowledge trap” or “analysis paralysis.” In decision making, Stibel says those who “realize they’ll never have all the answers no matter how much knowledge they gather- are often the ones who succeed.” Read the full article here.
In these tough economic times, it’s hard to know what will happen to our companies, our communities, and our lifestyle habits. Instead of succumbing to the knowledge trap and analysis paralysis, we should take on the attitude of doing the best with what we have so that we can maximize our chances of success. No one knows fully what we all should do, but we all know that doing nothing will not help any situation. What do you do to help prevent the knowledge trap/ analysis paralysis in your office?