Transcript Slide 1
The WRAP process for better decision making W - Widen your options (avoid narrow frames and "whether or not" decisions) 1. Make sure you have at least 3 options before making a decision, think AND not OR - can you follow multiple options at once? 2. Find someone who has solved your problem 3. Toggle between "Promotion" and "Prevention" R - Reality test your assumptions (fight confirmation bias) 1. Tripadvisor it! Zoom out (consider base rates) and zoom in (take a close up) 2. Fight confirmation bias - spark constructive disagreement by considering the opposite point of view 3. Ooch before you leap A - Attain distance before deciding (resist short term influences, make decisions aligned to core priorities) P - Prepare to be wrong (don't get cocky about your decisions) A WRAP for quick decisions (Memorize this ) 1. Identify and refer to your 3 core priorities 2. What would you advise your best friend to do? / What would a new person do? 3. Try the 10/10/10 rule 1. Bookend the future - view it as a full spectrum of possibilities 2. Set a tripwire/trigger to review your decision 3. Create a realistic job preview W - Make sure you have at least 3 options or find someone who has solved your problem R - Tripadvisor it! A - Identify and refer to your 3 core priorities P - View the future as a spectrum of possibilities and set a tripwire “Don’t confuse bad results with bad decisions. Play for the long term and seek out a great process. It’s the best ally you can hope for.” Created for “The Mastermind Group” – with thanks to Decisive by Chip Heath and Dan Heath