The Decision Book: Fifty Models for Strategic Thinking (Fully Revised Edition)
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The Decision Book: Fifty Models for Strategic Thinking (Fully Revised Edition)
But if you have the feeling that your standards can never be met, ask yourself: What would you lose if you lowered your expectations?
Arrange the feedback you have received in the matrix. What advice do you want to follow? Which criticisms prompt you to take action? Which suggestions can you ignore?
Pay attention to your thoughts, because they become words. Pay attention to your words, because they become actions. Pay attention to your actions, because they become habits. Pay attention to your habits, because they become your character. Pay attention to your character, because it is your fate.
Fight. Those who deal with a conflict aggressively have only one aim: to win. But winning alone is not enough, as somebody also has to lose. This approach is about conquering the opponent, and asserting one’s own position in the face of resistance from others.
Happiness, or “flow,” occurs when we are: • intensely focused on an activity • of our own choosing, that is • neither underchallenging (boreout) nor overchallenging (burnout), that has • a clear objective, and that receives • immediate feedback.
When should I sell? Loeb’s rule: if an investment loses 10 percent of its value, sell it! No questions asked.
First-order observers see things as they appear to them. For them, the world is simply there. Second-order observers, on the other hand, attribute what the first-order observers see to how they see it. In other words, second-order observers observe a way of observing.
Ask yourself: When will I deal with the things that are important, but not urgent? When will I take the time to deal with important tasks before they become urgent? This is the field for strategic, long-term decisions.
Good and fast is expensive. • Fast and cheap is bad. • Good and cheap is slow.