<story><title>Jeff Bezos explains the perfect way to make risky business decisions</title><url>http://www.businessinsider.com/jeff-bezos-explains-the-perfect-way-to-make-risky-business-decisions-2017-4</url></story><parent_chain></parent_chain><comment><author>kitrose</author><text>The lede really stuck out to me:&lt;p&gt;&amp;quot;Most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you’re probably being slow&amp;quot;&lt;p&gt;At what point is the information you have available for a key decision enough? You always want more.&lt;p&gt;This exactly mirrors a MAJOR decision-making framework taught in the Marine Corps--we actually call it the &amp;quot;70% solution.&amp;quot;&lt;p&gt;All of our warfighting doctrine is built around the principle of rapid and decisive action, but the problem is you&amp;#x27;re in an uncertain, rapidly changing world where there are opposing actors operating around you and you never have all the answers. They emphasize in officer training that a key limiter is being paralyzed with uncertainty and wanting to wait until more information is available, and that you must actively counter this feeling. Indecision is a decision (and often the worst one).&lt;p&gt;I have personally found this one of the most difficult and perpetual factors I&amp;#x27;ve encountered in both military and civilian careers. It&amp;#x27;s interesting that Bezos espouses this principle.</text></comment>
<story><title>Jeff Bezos explains the perfect way to make risky business decisions</title><url>http://www.businessinsider.com/jeff-bezos-explains-the-perfect-way-to-make-risky-business-decisions-2017-4</url></story><parent_chain></parent_chain><comment><author>seibelj</author><text>Love the &amp;quot;disagree and commit&amp;quot; part. Perfectly encapsulates the situation where &amp;quot;I&amp;#x27;m convinced this is a bad idea, but I&amp;#x27;m going to trust you and support you.&amp;quot;</text></comment>