9 results (expanded search) for "reversible-bets"
Leadership
Saying Yes to a Bad-Seeming Idea to Test It Cheaply
When an idea seems intuitively bad but its test cost is low, approve it as a cheap experiment instead of rejecting it on intuition alone.
Professional
2-Way vs 1-Way Door
Classify decision: reversible (2-way door) or not (1-way)? Required speed differs.
Administrative
Decision Matrix With 5 Axes
Compare options across 5 weighted axes; compute the highest sum.
Administrative
2-Way Door vs 1-Way Door Sort
Two-way-door decisions move fast with no meetings; one-way-door demands scrutiny.
Administrative
Monthly Decision Journal
Log every important decision with your prediction; review monthly for calibration accuracy.
Administrative
Consult 5 Different People
Before big decisions, consult 5 from varied lenses (expertise, age, culture, bias).
Administrative
24-Hour Pause Before Big Decisions
Any decision over 5000 SAR or 5 hours of impact — wait 24 hours before executing.
Leadership
70% Information Decision Rule (Bezos)
Don't wait for 90% information; major decisions are made at 70% — beyond that is costly delay.
Leadership
Decision Classification: Reversible?
Per decision: is it a two-way door (reversible) or one-way door?