applied know how
When it comes to making important decisions, many of us tend to get bogged down by the weight of the potential outcomes. We analyze, overthink, and agonize to the point where we either don’t make a decision at all, or we make a half-hearted one that leaves us feeling unsatisfied.
This is where the two-way-door rule comes in – a simple yet powerful approach to decision-making that cuts through the emotional clutter and builds a bias towards action.… Read more
When it comes to decision-making, not all voices are equal, and giving everyone an equal say can lead to unequal consequences.
Let me share a story … I had a colleague who was notorious for being against every major risky decision in our organisation. At board meetings he would ensure his negative opinion was duely recorded, and recalled his negative views should a decision fail for what ever reason… but no one ever raised his nay-saying for all the projects that were successful.… Read more
Today’s post isn’t about George W Bush, but he did say in 2006 he was the decider, my perspective is, if he had used these mental tools his decisions would have been much much better, but you be the judge.
I recently came across Charlie Munger’s 1995 speech, The Psychology of Human Misjudgment, which introduced me to an explanation of what I’d been doing all my business life – using the power of applying mental tools from a wide array of disciplines and applying these to the business questions I had.… Read more