3min chapter

The Knowledge Project with Shane Parrish cover image

#119 Todd Simkin: Making Better Decisions

The Knowledge Project with Shane Parrish

CHAPTER

Probablistic Thinking Is the Biggest Bank for the Buck

Probablistic thinking is probably the biggest bank for the buck when it comes to improving your decision making ability. The other place that people fail is really falling, falling in love with their decision process and not being open to being wrong. If you get feedback from people who are sor lower on the corpordashlon, so your direct reports or their reports or whatever,. Leading with an honest acknowledgment of your shortcomings allows for feedback. It invites it in an open way where you're clearly challenging behaviors and not the person. Non constructive ways are seeking out answers rather than asking what else could have been done better? You haven't really opened up for that.

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