Learn more about problemsolving with this collection
Conducting market research
Analyzing data to make informed decisions
Developing a product roadmap
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 situation and the person using them.
We use simple rules to guide decision making every day.
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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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615 reads
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...
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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 decision on a defendant’s bail, and decisions requiring many potential opportunities to be screened quickly.
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The Way Pressure Affects Decision Making
Making decisions under pressure can blur people’s judgment in at least three ways:
- Under stress, we tend to behave as if we are under time pressure even when we’re not. We often have more time than we think.
- Pressure leads people to ...
Other Tips For Better Choices
- Be skeptic, meditate, learn from previous mistakes, know what the data and it’s context means, and trust your informed judgment.
- Focus on the quality of information you’re getting, not the quantity.
- Set a time limit for yourself, and ensure you’re not usi...
The Opportunity Solution Tree
Is a simple way to visually represent the path one may take to reach a milestone. It is the main system of record for tracking the discovery process:
- The root of the tree is the desired business outcome
- Next are the opportunities, the needs, and desires of the customers we can ...
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