My Product Management Toolkit (54): Making Decisions — Part 2

Image Credit: https://www.techtello.com/second-order-thinking/
Image Credit: https://www.techtello.com/second-order-thinking/
  • Ask yourself “What are the immediate consequences — positive and negative — of this solution?”
  • Then ask yourself “What are the future consequences of this solution, e.g. in 10 days, 10 months or 10 years?”
  • Compare and contrast your options, based on whether the second-order consequences are positive.
  • Observe — Our observations, circumstances or facts are the raw information which we base our decisions on.
  • Orient — To take the bias out of our decision-making, we need to consider the OODA loop from the viewpoint of a competitor or someone outside of our organisation or team.
  • Decide — Based on your current mental perspective, you will make a decision and determine what actions you need to take.
  • Act — You now act on the decision made; implementing the action or approach that you decided on during the previous ‘Decide’ stage.
Image Credit: https://jamesclear.com/inversion
Image Credit: https://gamestorming.com/pre-mortem/
  1. https://toggl.com/blog/how-to-use-the-six-thinking-hats-method-for-problem-solving
  2. http://www.rightattitudes.com/2016/05/13/de-bono-six-thinking-hats/
  3. https://www.investopedia.com/articles/investing/111113/advanced-game-theory-strategies-decisionmaking.asp
  4. https://xplaind.com/953905/payoff-matrix
  5. https://terem.tech/8-mental-models-for-making-decisions/
  6. https://fs.blog/second-order-thinking/
  7. https://neilkakkar.com/second-order-thinking.html
  8. https://www.techtello.com/second-order-thinking/
  9. https://jamesclear.com/inversion
  10. https://www.techtello.com/inversion-mental-model/
  11. https://study.com/learn/lesson/the-garbage-can-model-of-decision-making-the-garbage-can-theory.html
  12. https://www.radicalcandor.com/podcast/push-decisions-into-facts/

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MAA1

MAA1

Product at Intercom, author of "My Product Management Toolkit" and “Managing Product = Managing Tension” — see https://bit.ly/3gH2dOD.