Types of Decisions
Decisions are not all equal, and your decision-making process should be flexible.
The What
According to Bezos, there are two basic kinds of decisions you can make: refer
Type 1: Almost impossible to reverse. Bezos calls them “one-way doors.” Think selling your company. Or quitting a job. In short, figuratively jumping off a cliff. Once you make a Type 1 decision, there’s no going back.
Type 2: Easy to reverse. Bezos calls these decisions “two-way doors.” Like starting a side hustle. Or offering a new service. Or introducing new pricing schemes. While Type 2 decisions might feel momentous, with a little time and effort (often a lot less than you think) they can be reversed.
The How
Distinct between the 2 types of decisions
Understand the context of your team and your organisation
Develop two distinct mental models for handling each decision type
📜 Tips
Determine whether it is a Type 1 or a Type 2 decision:
Most of the decisions should be type 2 decision. So don't overthinking, otherwise you make no decision at all
A team should limit the number of type 1 decisions they make.
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