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A good solution to a well-posed decision problem is almost always a smarter choice than an excellent solution to a poorly posed one.
A good solution to a well-posed decision problem is almost always a smarter choice than an excellent solution to a poorly posed one.
A good solution to a well-posed decision problem is almost always a smarter choice than an excellent solution to a poorly posed one. Frame the problem correctly. Start by clearly articulating what you're trying to decide and why it matters. Ask yourself what triggered this decision and what constraints you're facing. Challenge any assumptions that may be limiting your thinking. Identify your objectives. Dig deep to uncover your fundamental goals, not just surface-level wants. Ask "why" repeatedly to get to the core of what you're truly trying to achieve. Consider both tangible and intangible factors, short-term and long-term impacts. Refine your understanding. As you work through the decision process, be open to redefining the problem and objectives if new insights emerge. A well-defined problem is half-solved, so invest time upfront to ensure you're addressing the right issues.
You can never choose an alternative you haven't considered. Think beyond the obvious. Don't limit yourself to the first options that come to mind. Challenge constraints and assumptions to open up new possibilities. Set high aspirations to force creative thinking. Use multiple techniques: Ask "How?" for each objective to generate ideas Learn from others' experiences in similar situations Seek input from diverse perspectives Give your subconscious time to work by starting early Create alternatives first, evaluate later to avoid premature judgment Consider special types of alternatives: Process alternatives (e.g., voting, arbitration) for fairness Win-win alternatives that benefit multiple parties Information-gathering alternatives to reduce uncertainty Time-buying alternatives to defer decisions when appropriate
Consequences are the raw material of decision making. Describe consequences systematically. For each alternative, outline how it would impact each of your objectives. Use a consistent format, whether qualitative descriptions or quantitative measures, to enable clear comparisons. Be comprehensive and precise. Consider both immediate and long-term consequences. Don't overlook intangible impacts. Strive for an appropriate level of detail - enough to make an informed choice without getting bogged down in unnecessary complexity. Use tools to aid analysis: Consequences tables to organize information visually Common scales or representative values for easier comparison Expert input to supplement your own knowledge "Try before you buy" experiences when possible
The essence of the PrOACT approach is to divide and conquer. Recognize the need for tradeoffs. Most complex decisions involve conflicting objectives - you can't have it all. Acknowledge this reality and prepare to make difficult choices. Apply the even swap method: Identify two alternatives and an objective where they differ Adjust one alternative to match the other on that objective Make a compensating adjustment on another objective Repeat until dominance emerges or the…
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Get the complete summary in the appDefine the problem and objectives clearly to make smart choices
Generate creative alternatives to expand your options
Evaluate consequences thoroughly to understand potential outcomes
Make tradeoffs systematically to balance competing objectives
Address uncertainty by developing risk profiles
Incorporate risk tolerance into your decision-making process
"Smart Choices" is a strong fit if you want practical ideas around business, psychology, self help—especially themes like define the problem and objectives clearly to make smart choices; generate creative alternatives to expand your options. The MinuteRead summary distills these concepts into a focused read, whether you're deciding whether to buy the book or applying its lessons at work.
John S. Hammond , Ralph L. Keeney, and Howard Raiffa are experts in decision-making and negotiation analysis. Hammond is a former professor at Harvard and MIT, now a management consultant. Keeney is a professor at the University of Southern California and runs a consulting practice in San Francisco. Raiffa, a professor emeritus at Harvard, is recognized as a founder of decision sciences. With over 50 years of combined research and experience, they collaborated to write Smart Choices, aiming to h…
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