Executive summary: Using a weighted factor model (WFM) approach to decision-making, which considers multiple heuristics and generates diverse solution options, can significantly improve the quality of decisions under uncertainty.
Key points:
Good decision-making often involves considering many different heuristics (criteria) and generating multiple diverse solution options.
The “3x3 decision making” model recommends brainstorming at least 3 angles of attack and 3 divergent solutions, then comparing the top 3 options on at least 9 pros and cons.
This approach increases the odds of selecting the best option from about 20% to 66%, though it’s not guaranteed to always find the optimal solution.
With practice, this process can be completed in about 30 minutes for most decisions.
Demonstrating strong decision-making skills is crucial for earning trust and autonomy in professional settings, including leadership roles and grant applications.
The post provides a template and spreadsheet for implementing this decision-making framework.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, andcontact us if you have feedback.
Executive summary: Using a weighted factor model (WFM) approach to decision-making, which considers multiple heuristics and generates diverse solution options, can significantly improve the quality of decisions under uncertainty.
Key points:
Good decision-making often involves considering many different heuristics (criteria) and generating multiple diverse solution options.
The “3x3 decision making” model recommends brainstorming at least 3 angles of attack and 3 divergent solutions, then comparing the top 3 options on at least 9 pros and cons.
This approach increases the odds of selecting the best option from about 20% to 66%, though it’s not guaranteed to always find the optimal solution.
With practice, this process can be completed in about 30 minutes for most decisions.
Demonstrating strong decision-making skills is crucial for earning trust and autonomy in professional settings, including leadership roles and grant applications.
The post provides a template and spreadsheet for implementing this decision-making framework.
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, and contact us if you have feedback.