The Decision Corner

Mental models for business decisions with Roger Martin

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May 10, 2022
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ADVICE

Document Decisions

  • Write down your decision-making process to avoid ex-post rationalization.
  • This allows you to learn from mistakes and improve future decisions.
INSIGHT

Continuous Improvement

  • Success isn't about initial intelligence, but continuous improvement through learning.
  • We make bets about the future based on models, and refining these models is key.
ADVICE

Analyze Discrepancies

  • When models fail, understand why by studying the discrepancies.
  • Focus on explaining what happened versus expectations; that's your new model.
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