Questions For Decisionmaking
Philip Morgan
A good question to help you think through a decision where there's uncertainty: What is the cost of being wrong about this?
Variations on that question, to drive the point home:
What is the cost of being wrong about this for 3 months so that you can be right less wrong after that?
What is the cost of being wrong about this for a year?
What is the cost of being right about this 2 years from now?
What is the cost of doing nothing in order to be neither right nor wrong about this?
-P
Registration for The Expertise Incubator is open until December 25, 2021.
The Expertise Incubator is a framework for cultivating valuable expertise and a community of practice. We learn by doing. As a group, we face a series of 3 foundational challenges, spending 3 months focusing on a challenge before moving on to the next. The challenges produce both the substance and artifacts of economically valuable expertise: http://theexpertiseincubator.com
This 9-minute video explains the whole thing: https://vimeo.com/655506816/dec444b36d
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