Lawyerist Podcast #310: Better, Faster, Smarter Decision Making, with Annie Duke
Jan 7, 2021
Annie Duke, author and decision strategist, shares strategies for better, faster decision-making. She discusses the value of having a sounding board, the advantages of making quick decisions, and the importance of involving others in the decision-making process.
AI Snips
Chapters
Transcript
Episode notes
Uncertainty in Decisions
- Decision-making is difficult due to uncertainty from luck and hidden information.
- We often feel that with more information, we'd make better choices.
Experience's Double-Edged Sword
- Experience is necessary but not sufficient for learning, as outcomes can be misleading.
- Overconfidence from experience can lead to motivated reasoning and less feedback.
The 3Ps of Decision-Making
- Evaluate decisions by considering possibilities, preferences, and probabilities (3Ps).
- Compare options by assessing how likely each outcome is to occur and if it aligns with your goals.