Maximizers and Satisficers
Are you a Maximizer or a Satisficer? Or are you Both? Or do you use them in different life scenarios?
What is the difference between them and how do you use them Professionally and Personally?
About a year ago, I found a book and if I remember correctly, it was called “Why less is More”, or something along those lines, however I remember a lot from the content of the book, which is the most important. It confused me, but as I started reading the first few pages, I could immediately tell what the book was all about. It started informing how Maximizers and Satisficers behave in day to day life. The author also said that with the amount of choices for the same product that we have nowadays, it becomes very hard sometimes to make a quick decision. Take a packet of cereal for example. There are aisles and aisles full of cereal. How do you choose and how fast can you choose?
A Satisficer will take action after the criteria they are looking for is met. As an example, if one is looking for a cereal with the lowest sugar content and contains a few nuts and dried fruit, as soon as they find one, a.k.a. what they are looking for, they take it and buy it, and do not need to try and look for other products.
A Maximizer needs to make the optimal decision. So, this maximizer is also looking for the cereal with the lowest sugar content and contains a few nuts and dried fruit. However when the maximizer finds a product, he or she will keep on searching for a similar one, and compare, and tries to find another one and another one. So even if the maximizer finds what he or she is looking for, the maximizer will not make a decision until they have examined every product and compared everything. They need to know that they are making the best decision ever.
Most people will be more of a Maximizer or a Satisficer in life, but that doesn’t mean that they are always either one or the other. And that also doesn’t mean that if you are mostly a Maximizer in your personal life, that you are also so in your Professional life, or vice versa. Maximizers tend to spend a lot of time on one thing and sometimes, as a consequence miss out on other things or the subject itself. The author also said that Satisficers tend to be a bit more happier than Maximizers, as the latter spend too much energy on one thing. However, when it comes to business, work, and leadership, it could be very beneficial.
As an example, I tend to sway between the both, or maybe I can be a limited Maximizer. I love to have the best, do the best and find the thing that I love, but I’m not going to spend an extensive amount on one thing. Sometimes, if I find something that I’m looking for and it attracts me, then I won’t look any further. That’s more towards the Satisficer side. At work though, whether I am preparing training, talking to an employee, producing manuals and training material, I do tend to be a little bit of a maximizer.
If a Leader is a 100% Satisficer, chances are that a business or a team or a company will not become the best in their business. You should be aiming to be the best at what you do. A Maximizer is great for business and for the development of one’s self. Be a leader that sets examples to your employees or your team. Show them that you would want the best for your business and for them. Show them to work harder and to spend quality time preparing, choosing or working to Maximize everything they work for.
There is no right or wrong with being a Maximizer or a Satisficer, but the choice you make every day and at work is highly important on what you choose and how much time you decide to spend on what things.
What are you mostly, a Maximizer or a Satisficer?