6: Decision Making

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Dima and Slava discuss "structured decision making" and challenges and pitfalls of decision making processes often employed in business setting.

• Slava attended another Aspen seminar and it transformed him
• Structured decision making for choosing the best options
• Decision Matrix
• Traffic Lights
• The fog of the future from Thinking About Lockdowns by CGP Grey
• Five Whys method for root cause analysis
• Decision making process vs. decision making authority
• Decision making theatre
• When cost of decision making is greater than the cost of a bad decision
• Illusion of determinism and precision
• Best vs good enough
• How to get out of unproductive decision making process?
• Difficult creative choices
• When to reconsider past decisions that are going south?
• Next episode: discussion of Tell to Win by Peter Gruber