Two things determine how your life will turn out: luck and the quality of your decisions. Want to know how to make high-quality decisions with your team at work? A thread: ⬇️
2/ Poker can teach you a lot about business and life. I drew on my time playing poker in the @WSOP and my cognitive science work at @Penn to teach you how to make high-quality decisions in my book, #HowToDecide.
3/ A key insight from the book that I’ll re-emphasize here: Treat the outcome and quality of a decision separately. You can make a great decision on a bet and still lose the hand. So I’ve developed 4 exercises to help you make better bets.
4/ Exercise #1: Find areas where you disagree with your team through an exercise I call “Worlds to Likelihood.” Assign percentages to words based on how likely the thing will happen and find discrepancies.
5/ Exercise #2: Re-create what you knew and the outcome of a decision with a Knowledge Tracker. This exercise allows you to uncover resulting (assigning outcome quality to decision quality) and hindsight bias (knew-it-all-along thinking).
6/ Exercise #3: A project pre-mortem is just as important as a post-mortem. Each member on your team can create a Decision Exploration Table to explore and organize all the potential outcomes from a decision.
7/ Exercise #4: As the project leader or meeting facilitator, tie everything together with a Better Team Conversations exercise. Gather opinions and feedback and share with the rest of the team.
8/8 Adapt these 4 exercises for your own team with this @coda_hq template.

Copy my doc to get started—and let me know how it works for you.

coda.io/@annie-duke/ho…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Annie Duke

Annie Duke Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @AnnieDuke

12 Oct 20
Over the past few weeks, I have been highlighting the work of those who blurbed and today, the final day before my book’s bday, it’s time for @mjmauboussin. It would be impossible for me to fully express how much gratitude I have for Michael.

1/14
This book would be so much worse if not for the thought partnership of @mjmauboussin. In writing the book, Michael got on countless calls and Zooms with me to help me work through my ideas.

2/14
As I produced a draft of each chapter, Michael read every word offering insightful suggestions and edits of my work. He helped me work through places where I was stuck. He helped me make sense of what I was trying to say.

3/14
Read 14 tweets
8 Oct 20
Continuing to highlight the work of those who were kind enough to blurb How To Decide.

Today it’s @pmarca.

I’m not sure what I can say that you wouldn’t already know about Marc, but I'll point you to some of his written work and his wonderful podcasts.

1/8
.@PMarca wrote "It’s Time to Build" about our unpreparedness for the pandemic as it relates to our failure to build. He argues we see failure across the board: housing, education, manufacturing & transportation - not because of lack of money but because of lack of desire.

2/8
No doubt, the piece is super provocative making it a must read.

3/8
Read 8 tweets
7 Oct 20
The most dangerous category of poor decisions are ones that remain easily hidden from view because any instance of that type of decision is so easy to rationalize.

1/12
Trying to eat healthier?

It’s so easy to justify that piece of cheesecake because you just had a break-up. The ice cream you gobbled down few days ago? It was your kid’s birthday so you were celebrating! That bucket of popcorn last weekend? Movie night with the family!

2/12
Each of these decisions are easy to rationalize on their own. They feel like justifiable exceptions.

That’s why they hide from view.

It’s only when you examine them in the aggregate that you can see they will frustrate your goals.

3/12
Read 12 tweets
6 Oct 20
How to Decide comes out a week from tomorrow, Tuesday October 13th!

How to Decide truly stands on the shoulders of giants and one of those giants is @PTetlock, who was kind enough to blurb the book. Today I want to shine a spotlight on his incredible work and mentorship.

1/16
.@PTetlock is most famous for his work on Superforecasting with his wife and collaborator, Barb Mellers. That work resulted in the must read, Superforecasting: The Art and Science of Prediction which he wrote with @DGardner.

2/16

amazon.com/Superforecasti…
.@DGardner is a must follow here on Twitter, BTW. 😊

3/16

amazon.com/Superforecasti…
Read 16 tweets
23 Sep 20
Today I want to highlight the work of the fabulous @katy_milkman, who was kind enough to read and provide a blurb for my new book, #HowToDecide.

1/10
Katy is a professor at the Wharton School and an expert on behavior change, committed to helping people understand how they can better shape their habits and achieve their goals.

2/10
.@katy_milkman is the host of #choiceology, a wonderful podcast dedicated to helping people make better decisions through telling compelling stories + conversations with guests that are a who’s who of behavioral economics.

3/10

podcasts.apple.com/us/podcast/cho…
Read 10 tweets
20 Sep 20
👇 On quitting:

To be a great decision-maker, you need to quit a lot.

Quitting gets a bad rap but it is at least as important (if not more) than sticking to things.

1/2
It’s true that in order to succeed at anything you must have stick-to-itiveness.

But quit-to-itiveness tells you WHAT to stick to.

Be “quitty” to figure out when you should be “gritty.”

2/7
Time is a valuable and limited resource. Quitting things fast that won’t bear fruit lets you spend that resource on more things that matter.

Plus, if you quit a lot you can better figure out what you do like!

3/7
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(