January 31

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What you could learn from ‘The Decision Book’ by Krogerus and Tschappeler (2017, 149 pages)

Most people when they face a problem, find the first solution, check that it could work, and then make a decision.

While fast, this approach is fraught with bias.  Intuition, while fast, only works in stable (deterministic) environments, where you have been able to build expertise (circa 10,000 hours will good feedback) – see Thinking Fast and Slow.

A better approach to problem-solving and decision-making, it to approach the problems from a number of different perspectives.  Frameworks are a great way to force you to think differently about a problem.

In their book, ‘The Decision Book’, the authors provide a list of the top decision-making frameworks and examples.

Here is a list of the top frameworks (and Wikipedia links), and when to use them:

The Decision Book is a cracking little book, which provides good summaries of common models and a few new gems.  Read this book, if you want to improve your decision-making.

You can buy the Decision Book here on Amazon UK