The Decision Matrix

This is a decision making version of the Eisenhower Matrix, which helps you distinguish between what’s important and what’s urgent, in a simple and easy to understand way.

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The Decision Matrix: How to Prioritize What Matters

fs.blog

TOPICS IN THIS IDEA

Problem Solving

The Science Behind Smarter Decision Making: 7 Mental Models To Know

Every one of us make dozens, if not hundreds of small to big decisions on a daily basis. Some don't impact our lives at all, while some can change the outcome of our entire lives. Love tech? You should go to TNW2019 Find out why See more Whether it's trying to figure out which job ...

thenextweb.com

10/10/10 Rule

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

It’s easy to make short-term decisions that may be beneficial 10 minutes...

Pareto’s Law

In anything we do, there’s always ~20% of activities that will deliver 80% of our desired results.

It’s easy to be wrapped up in ‘busy’ work without ever getting anything done. Pareto’s Law is a useful mental model to be more effective, rather than just be efficient.

Parkinson’s Law

Work expands so as to fill the time available for its completion. So try placing artificial time limitations.

If we’re given three hours to complete a task that normally would take an hour, we’ll find a way to fill those three hours. However, when we’re down to the final thirty minutes, we’re suddenly feeling the pressure to get things done.

Christopher C.

@christopher_gc489

Dwight Eisenhower's Best Productivity Tricks

President Dwight D. Eisenhower was the 34th president and a five star general during World War II. He won his first presidential election by a landslide, built the Interstate Highway System, and created NASA. Which is to say, he was pretty productive. Let's take a look at a few of his best tricks for getting all that done.

lifehacker.com

Eisenhower Decision Matrix

The matrix consists of a square divided into 4 quadrants:

Important/Urgent quadrants are done immediately and personally;
Important/Not Urgent quadrants get an end ...

Antonio Y.

@anty75

Why We Focus on Trivial Things

Bikeshedding is a metaphor to illustrate the strange tendency we have to spend excessive time on trivial matters, often glossing over important ones. Here's why we do it, and how to stop. *** How can we stop wasting time on unimportant details?

fs.blog

Bikeshedding explained

The metaphor is as follows: Imagine a financial committee meeting to discuss a three-point agenda.

A proposal for a £10 million nuclear power plant
A ...

Having an opinion

The simpler a topic, the more people will have an opinion about it. However, when we mostly understand a topic, we feel compelled to say something, lest we look foolish.

With any topic, we should seek out the inputs from those who have done the work to have an opinion. If we want to contribute, it should be something valuable that will improve the outcome of the decision.

Strategies for avoiding bike-shedding

Have a clear and focused purpose for your meeting. A specific purpose for the meeting filters all other decisions, including who should be attending.
Understand that the most informed opinions are the most relevant.
If your purpose is to make a decision, consider having "fewer cooks in the kitchen."
Getting the result you desire depends on having the right people in the meeting.
Ensure to have a designated individual in charge of making the final judgment, not a committee.

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