Tag: cognitive bias

  • The Pre-Mortem

    Hail all the ‘I told you so’ when everything is done and dusted. Afterall who is not an expert at post-mortems here; we all are isn’t it?! What if you could jump to this step even before you made that big decision. Read on for a step by step guide to do just that.

    Before locking in on what’s been decided, how about flipping the narrative. By doing so, you either end up reinforcing your hypothesis or falsifying your assumptions. It’s a win win situation, forcing you to double check before crossing the T’s and dotting the I’s. Every decision is a trade-off you make, with regards to time, money and any other resources you eventually shall invest. So why gamble; be rational and beat your the logical reasoning by being your own best critique.

    Double click

    PET framework. Don’t get lazy to rethink. & don’t be overzealous to go down a rabbit hole either. Analysis paralysis is what we are avoiding here. Rather time travel and re-look this decision in the future, one year down the line, five years down the line. & do so the PET way i.e., PRIORITIZE, EMPATHIZE, TRAVERSE.

    Prioritize the what. Once you made a choice, be clear on the tactical actions required to make it a success. Double click on the underlying tasks and critical factors for success. Even before you doubt the critical thinking that went towards the conclusion, make sure you lay all the bare facts out in the open.

    Empathize the why. It is the soft, inner reasoning of why we do what we do. What makes us vote in favour of an outcome fully knowing the odds it faces. The gut decision making factor, the real reason of why we weigh things the way we weigh them.

    Traverse the when. Now fast forward to 12-18 months after you having taken this decision. Life has changed and yet is in unchanged. Play out what went right, what went wrong, how things changed due to it. Was the ‘success’ a mere outcome to prove or it brought in a unique value proposition?

    This by playing the devil’s advocate, you can validate your assumptions, beliefs and reinforce your success measures. All of this right before making that huge investment, many productive dollar hours saved!