All posts tagged “decision making

comment 0

In support of narrative memos

This is not new. It has been reported on before. But I just finished reading this article about Jeff Bezos’ relentless commitment to “high-quality and high-velocity decision making” at Amazon. Here are a couple of high level points: – There are decisions that cannot be easily… Read More

comment 1

The status quo, please

In 1988, William Samuelson (Boston University) and Richard Zeckhauser (Harvard University) published a seminal paper called, Status Quo Bias in Decision Making. In one of the experiments cited in the paper, two groups of people are given a hypothetical task that involves picking from a… Read More

comment 0

Selective decision making

Consistency is what builds brands. Whether you’re a city, company, or a person, doing the same thing over and over again is what reinforces your identity. That’s why Steve Jobs always wore a black mock turtleneck, why Mark Zuckerberg always wears a gray t-shirt and… Read More