Premortem

Our exercise, is to ask planners to imagine that it is months into the future and that their plan has been carried out. And it has failed. That is all they know; they have to explain why they think it failed.

Source: https://kottke.org/18/09/how-to-make-a-big-decision

10/10/10

Before making a decision, consider how you’ll feel about this decision in 10 minutes, 10 months, and 10 years.

Source: https://lifehacker.com/use-the-10-10-10-rule-before-making-a-decision-1830994525

Decision checklist

A company is essentially two things: a group of people and a collection of decisions. How those people make these decisions is the art of running a business.

Source: https://twitter.com/jasonfried/status/1583560877302722561?s=12&t=SPGchqGheTaK-FxWV9V40g

Decision process

  1. Loop in the right people and designate a decision maker.
  2. Create a decision document: context, people involved, deadline, recommendation, rationale, and other options considered.
  3. Keep the discussion in one place.
  4. Push for a decision.
  5. Document and share the decision.

Source: https://twitter.com/petergyang/status/1602324923199856640?s=12&t=9yIx4bmyb7oXSQzspGyeIA

Cognitive Bias

Untitled

Source: https://www.businessinsider.com/cognitive-biases-that-affect-decisions-2015-8

Decision making at Coinbase