
How to Decide: Simple Tools for Making Better Choices

Decisions are bets on the future, and they aren’t “right” or “wrong” based on whether they turn out well on any particular iteration. An unwanted result doesn’t make our decision wrong if we thought about the alternatives and probabilities in advance and allocated our resources accordingly, as my client the CEO and Pete Carroll both did. It would b
... See moreAnnie Duke • Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Considering what motivates the decisions of others, especially when those decisions affect you, is also essential. Incentives matter. Take a negotiation course, because skilled negotiators are masters at figuring out what is important to the other party and arriving at mutually beneficial solutions. Even if you are not dealing directly with another
... See moreMichael J. Mauboussin • Think Twice: Harnessing the Power of Counterintuition
Things I'm thinking about
Always consider whether there is a better question. 2. Consider what might be missing. 3. For important decisions don’t think twice, think thrice. 4. Use checklists. 5. Develop your own decision making frameworks and keep decision journals. 6. Think like a scientist would. The focus of the ‘scientific method’ is on empirical and measurable evidence
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