What is the 'decision door' advocated by Amazon founder Jeff Bezos, which is useful for decision-making in various situations?
From ``today's dinner'' to ``an important company project,'' we face many times in our daily lives when we have to make decisions, big or small. Amazon founder Jeff Bezos likens such decisions to ``one-way doors'' and ``two-way doors''.
Reversible and Irreversible Decisions
fs.blog points out that the question when you have to make a decision is whether to make it sooner or later. It seems that the problem will change greatly depending on whether you make a decision after collecting more information over time and money, or whether you make a quick decision with incomplete information.
Amazon founder Jeff Bezos compares decisions to 'doors'. There are two types of doors that Mr. Bezos thinks, 'one-way door' and 'two-way door' respectively.
A one-way door, as the name suggests, is a door that once you pass through it, you can never go back. This is the door you pass through when making irreversible decisions.
A two-way door, on the other hand, is a door through which decisions can be easily reversed. Both can be judged by ``how much it costs to restore'', and the lower the cost, the more reversible it is, that is, it can be said that it can be considered as a two-way door.
For example, when you visit a drug store to buy toothpaste, think about the decision you have to make when your usual toothpaste is sold out. It hits the door on the other side.
Now imagine yourself as the manager of a baseball team, and the one-way door is the decision you need to make when trading one of your star players. Unlike toothpaste, it can't be easily reversed, so it's clear that you should take your time and gather information before making a decision.
Mr. Bezos says that most decisions are two-way doors, and even if he makes a suboptimal decision, he doesn't have to drag the results long and has the idea that he should just come back.
Bezos points out that two-way doors can and should be done quickly by decisive individuals or small groups. However, when thinking about the organization, the larger the scale, the more cautious everyone becomes, and they will choose a one-way decision for any decision. As a result, it seems that the speed is slowed down, the risk is avoided, and the opportunity for idea generation is reduced as a result.
fs.blog said, ``Once you've gathered useful information, make a decision on issues where you can't make progress. You have to decide by yourself,” he advised.
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in Posted by log1p_kr