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Simple Rules: How to Thrive in a Complex World

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https://fs.blog/2015/07/simple-rules/#

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Simple Rules: How to Thrive in a Complex World
"Simple rules are shortcut strategies that save time and effort by focusing our attention and simplifying the way we process information. The rules aren't universal- they're tailored to the particular situation and the person using them." *** We use simple rules to guide decision making every day.

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Simple rules

They are shortcut strategies that save time and effort by focusing our attention and simplifying the way we process information. The rules aren’t universal- they’re tailored to the particular si...

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Boundary rules for better decisions

They guide the choice of what to do (and not do) without requiring a lot of time, analysis, or information. 

They work well for categorical choices, like a judge’s yes-or-no decis...

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Prioritizing rules for better decisions

They rank options to help decide which of multiple paths to pursue.

They are especially powerful when applied to bottleneck activities - pinch-points in companies, where the number of ...

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Stopping rules for better decisions

They help you learn when to reverse a decision.

Stopping rules are particularly critical in situations when people tend to double down on a losing hand.

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SIMILAR ARTICLES & IDEAS:

Rules

We all feel the oppressive presence of rules. We think rules are hampering our freedom and argue that they should be broken.

It is not really the rules that are the problem, but the unjustifi...

A life without rules

Imagine living in a world without rules. 

  • Language follows rules. Breaking away from the rules of language makes us incoherent.
  • Consider the rules of sport or games, the rules of chess or football. Without the rules, chess wouldn't be chess. A game without rules is no game at all.
  • Daily norms tell us what we can and can't do and make our social interactions run smoothly.
  • Rules about driving on the left or the right, not littering, queueing are the building blocks of a harmonious society.

Anarchy

Some people would prefer a society without government, where individual freedom comes first.

However, a world that promotes anarchy is inherently unstable. Humans continually make new rules to govern and do so as quickly as old rules are overturned.

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Make all important & difficult decisions on paper

It relieves pressure from the situation and allows your mind to focus on the task at hand, rather than spiraling into self-doubt and second-guessing.

When making decisions, get clear about your reasons

You’ve got to get absolutely crystal clear about your outcome and your purpose. If you forget the reasons behind your decision, you won’t follow through. 

Don't let fear motivate your decision making

And don’t wait for absolute certainty because you’ll almost never get it. One of the ways to overcome this is to have a consistent process for making decisions. 

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You are the sum of your decisions

A few major decisions determine a good portion of how our lives, careers, and relationships turn out. The outcomes of these decision points will reverberate for years.

Even smal...

Why We Make Poor Decisions

  • We’re not as rational as we think. 
  • We’re not prepared. We don’t understand the invariant ideas — the mental models — of how the world really works. 
  • We don’t gather the information we need. We make decisions based on our “guts” in complex domains that require serious work to gather all the needed data. 

The World Is Multidisciplinary

We live in a society that demands specialization. Being the best means being an expert in something.  A byproduct of this niche focus is that it narrows the ways we think we can apply our knowledge without being called a fraud.

We should apply all the knowledge at our disposal to the problems and challenges we face every day.

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