Jeff Bezos - High-Velocity Decision Making - Deepstash

Jeff Bezos - High-Velocity Decision Making

In the business world, Jeff Bezos advises a "bias for action" – make decisions with 70% of desired info. This prevents analysis paralysis and leads to faster progress.

Bezos, founder of Amazon, believes in making quick decisions with a reasonable amount of information. This accelerates progress and reduces the risk of overthinking and getting stuck.

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sakshampurwar

A student with a passion for personal growth and lifelong learning.

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Similar ideas to Jeff Bezos - High-Velocity Decision Making

High-quality, high-velocity decision-making

Bezos offers a set of guidelines for how to make decisions at high-velocity:

  • Understand that decisions can be reversed: 
  • Bias towards action: Most decisions should be made with close to 70% of the information needed. Waiting for 90%+ informatio...

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