Saturday, 26 December 2015

Role of Education, Knowledge, Creativity in Decision Making


In Einstein: His Life and Times (Page 185), P. Frank quotes the great maestro as stating, “The value of an education in a liberal arts college is not the learning of many facts, but the training of the mind to think something that cannot be learned from textbooks.”

Education is neither a means to an end nor an end unto itself as many people believe it to be.  Rather, it is just the beginning for something bigger to come later in life.  As Einstein said, education is not the regurgitation of facts alone, in fact, it is the training of the mind.  Education should give an individual the ability to think independently and ask questions to learn, hypothesize and thence to form their own opinions.  I believe it to be the beginning of a journey of living, doing, learning and growing.  It provides that foundational layer on which you base your knowledge, analysis and, ultimately, judgment in making decisions. 

When you superimpose experience/exposure onto education – you are blessed with knowledge.  But, it is this mixture of education; knowledge and your own creativity that actually helps you make sound decisions.  How you use these three ingredients to problem solve is like a Monte Carlo simulation because the iterations are many, and the outcomes infinite. 

So, which path will determine your success in overcoming an adversity? Or, in achieving that goal you’ve set your heart on?  Or, even to find that one cause that you will so passionately work for?  If the present moment does not know the landscape, the answer cannot be known in advance.  However, that does not mean that there is no answer.  You just have to seek it, within you.  As a human being you cannot exist in a vacuum for the rest of your life because life is not discrete, it is a continuous pattern of emergence and unraveling of events.  It is an endless process of questioning, seeking, finding and modifying, amalgamating, and sequencing the facts that will help you overcome a challenge, or bring you one step closer to your goal. 

The search starts with facts so always lay them out in plain sight, preferably on a white board as if you were going to start painting a picture.  Interweave these facts together and spread them out by drilling down into details if necessary so that the gaps between them are minimized.  Once this activity is done reasonably well, you can then start filling out the blanks with guesstimates or opinions of people that are experts in the field.  A story starts to unfold.  Some actions come into focus.  And, eventually, a hazy path emerges. 

What do you do?  Take the risk of going down this unknown path that may lead to nothingness?  Or, go back to the drawing board once again?  If you feel like you should keep going then reject this option and repeat the iteration with varying quantities of creativity and knowledge.  Keep trying until you get what you were looking for – as they say, ‘perseverance commands success.’  Your self-awareness will be your guiding light. 

Perfection in good decision making will only come when you can find this delicate balance between your head and heart.  That is why people give some weight to their intuition because it has averted many a disaster for them in the past.  Mind you, intuition should only be considered once you have looked at all the relevant facts and if, and only if, your gut has a better than average batting rate.  If the historical record for your sixth sense is tainted, one reason could be a lack of emotional intelligence (one of the ingredients for wisdom).  In this case, carefully review and revisit all the facts along with the estimates – it is probably that the estimates are too lousy.  Seek guidance from experts or mentors, consider opposing viewpoints and try to reconcile the differences.  Once you’ve done this and narrowed the options to a few, then score each option on various dimensions.  Compare, contrast and, finally, connect the dots not looking backward but on an ex-ante basis.  After all, your decision today will affect your path tomorrow so you better ensure that it is well thought out and thoroughly explored.