Category: Decision Making

Boss’s Tip of the Week: The 70 percent solution

  |   Decision Making

Avoid “Paralysis by Analysis” with the 70 Percent Solution. It’s based on the idea that an imperfect plan, vigorously executed today is usually better than that perfect or nearly perfect plan implemented out there in the future. When you think you’ve got 70 percent of the information you need  »  Read More

Boss’s Tip of the Week: Head check and gut check

  |   Decision Making

Don’t just trust your head and logical analysis. Don’t just trust your gut feelings and instinct either. Use each to check the other. Your gut is your emotional sense, your instinct. It knows things your head does not. It spots trouble early. Listen to it. Your head is the logical, disciplined part of you. It  »  Read More

Learning from History: What didn’t they know and when didn’t they know it?

  |   Decision Making

One of the big problems when we seek to learn the lessons of history is that we know how things turned out. That leads to what psychologists call “hindsight bias,” the tendency to think that what happened was inevitable or predictable. That’s almost never true. Consider Dwight Eisenhower in the hours leading up to D  »  Read More

Boss’s Tip of the Week: Forget perfect solutions

  |   Decision Making

One of my first bosses used to say that, “The price of perfection is prohibitive.” He was right. The fact is that you can spend a day more than forever trying to perfect something that’s already excellent. In the real world of limited resources, perfection is hard to achieve and the quest sucks up time  »  Read More

Boss’s Tip of the Week: Take a break on complex problems

  |   Decision Making

Get-it-done conscious choosing works very well for problems with two possible choices or solutions. But when you’ve got more variables and, especially, when those variables interact in a complex system, you’ll get better results if you turn the problem over to the unconscious part of your brain. Gather your  »  Read More

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