• 235: Two Way Doors

  • Jun 26 2024
  • Length: 21 mins
  • Podcast

235: Two Way Doors

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  • Summary

  • Intro: – Jeff Bezos idea on decisions: Two Way Doors and One Way Doors. – Implications How This Changes: – Pace: – One-Way: Slow – Two-Way: Relatively Quickly. Don’t need high confidence level, just some intuition. – People: – Two-Way: Few – One-Way: Many points of input. Not just for better decision-making but because we’ll all have to live in the reality. Failures: – We treat every decision like a two way, or a one way. – Two way Like a one way: – Unnecessarily waste time and get significantly behind. – Bad decision makers think they’re making decisions – One way like a two way – Resentment builds in. – Paint yourself into a corner.
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Management Economics
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