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Decision Journal

Have you written down the most important decisions you need to act on?

All that we are is a consequence of our decisions, most importantly how we decide to be.

Intention​

Read the play to out think then out work to maximize returns from critical opportunities.

  1. Ask Better Questions
  2. Sell Engaging Stories
  3. Engineer Better Systems
  4. Make Meaningful Progress
Mantra

Thoughts Become Things, Dreams Engineer Reality

Evolve better systems for taking better decisions faster.

Context​

Why​

Making incorrect decisions is inevitable and good decisions can still lead to bad results. There is no choice on fate but it is a choice to have the discipline to document each decision process knowing that what gets documented gets improved.

Use blockchain technology to store commitment to decisions along with the thought processes that lead to that commitment.

DAO are consensus driven organisations, they increase focus on community because there is a permanent immutable record of each participants voting actions.

From this we can begin to identify super forecasters by their discipline of expertise and weight votiing logic accordingly.

Effects​

Imagine potential consequences of your actions. How much energy focused on the upside vs mitigation of the downside?

First:

Second:

Third:

Improvement​

Have the discipline to create checklist for making important decisions. Such as, which technologies vendor should we use? Having these criteria in place feed into the DNA of your organisation and make it more efficient and effective to onboard new members.

As circumstances change you can revisit the process to reevaluate your decisions and improve the process and outcomes.

  • What did you see?
  • What do you feel?
  • What evaluation criteria?

Immutable public judgement history. Onchain Decision Process Ledger

Keep a track on conflicts and compromises by logging key decisions made and the process that went into them to guard against interpreting reality to fullfill our own narrative.

tip

Track conflicts and compromises

Everyone makes bad decisions sometimes and even good decisions can lead to bad results, on this we have no choice.

But we always can choose to have the discipline to document our decision making process so we and others can learn from that in the future to improve our processes and make decisions that lead to improved results.

In alignment with Strategic Goals, Platform and Skillset what needs to be prioritised to grow with optimal flow over the next sprint | season | quarter?

tip

Disagree but then Commit

Decision Checklist​

  • Probabilistic thinking is crucial: Thinking in terms of probabilities rather than certainties allows for better decision making under uncertainty.
  • Avoid resulting and hindsight bias: Don't judge decisions solely based on outcomes, as this can lead to faulty conclusions.
  • Update beliefs with new information: Use a Bayesian approach to incorporate new data and adjust probabilities accordingly.
  • Seek disconfirming evidence: Actively look for information that challenges your current beliefs to avoid confirmation bias.
  • Communicate openly: Discuss decisions and thought processes with others to gain different perspectives and identify potential blind spots.
  • Be open to feedback: Willingly accept and incorporate constructive criticism to improve decision-making processes.
  • Consider multiple scenarios: Use scenario planning to prepare for various potential outcomes.
  • Recognize the limits of prediction: Understand that perfect prediction is impossible, especially for complex systems and rare events.
  • Avoid tribal thinking: Be aware of how group identity can influence decision making and limit objectivity.
  • Use reflective listening: Practice active listening to better understand others' perspectives and gather more information.
  • Focus on flow: Avoid creating eddy currents that hinder the flow of progress:
      1. Don't push too hard beyond available capacity and capability
      1. Eliminate obstacles and waste
      1. Re-engineer more direct routes

Attachments​