decision - Kelford Inc. (Page 2)

Weekly Labs framework risk complexity priority decision strategy control challenge

Everything is a tradeoff

Every great decision you make comes with downsides. There is never a perfect answer.

Sep 2, 2020

Weekly Labs fallacy risk myth flexibility mistake constraint decision strategy control action experiment tradeoff confidence failure certainty

There’s no such thing as a riskless strategy

If you want things to change, you have to try to change things, and that entails assuming the risk that things might not go the way you want. Every plan is a guess about the future, and sometimes our guesses are wrong.

Joel Kelly

Aug 17, 2020

Weekly Labs action advantage avoidance certainty change control decision flexibility patience persistence preparation prediction reality surprise uncertainty

You’ve already hit the iceberg

A common mistake when things go wrong is to spend time thinking about how they could have gone. Or how we’d hoped things would turn out.

Joel Kelly

Jul 31, 2020

Weekly Labs model framework crisis failure prediction tools structure action decision fallacy mistake uncertainty preparation first principles complexity strategy

If this then that, and if that, then what?

Everyone who knows me well knows there’s one rule I live by. They know it because I’m always saying it. So often it’s probably their least favorite phrase. But I’ll keep saying it: If this then that, and if that, then what?

Joel Kelly

Jul 24, 2020

Daily Labs failure challenge certainty confidence validate flexibility avoidance decision action persistence experiment

Not deciding is still deciding

“The two biggest dangers in decision making are not making enough decisions and then not correcting the bad ones.”— David C. Baker

Joel Kelly

Apr 20, 2020