Stopping rules for better decisions - Deepstash
Stopping rules for better decisions

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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You say problem, I say challenge.

The idea is part of this collection:

Top 7 books for Product Managers

Learn more about problemsolving with this collection

Conducting market research

Analyzing data to make informed decisions

Developing a product roadmap

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Boundary rules for better decisions

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 decision on a defendant’s bail, and decisions requiring many potential opportunities to be screened quickly. 

Prioritizing rules for better decisions

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 opportunities swamps available resources, and prioritizing rules can ensure that these resources are...

A checklist for faster, better decisions

A checklist for faster, better decisions

  • Write down 3 existing company goals impacted by the decision;
  • Write down at least 3 realistic alternatives;
  • Write down the most important information you are missing;
  • Write down the impact your decision wi...

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