We're neither the first, nor surely the last, to rant and write about decision making. It's a fascinating topic, whether you come at it from the mathematical-game theory-propeller head angle, or down a vector that originates in an abiding interest in making better decisions . . . either as an individual or an organization.
Assuming you catch the bug, it's probably inevitable that you'll go looking for books to read. Ours is coming, but in the mean time, here are some books you might find interesting, if not helpful.
These Are Good General Reads About Decision Making
Smart
Choices: A Practical Guide to... This is probably as good a place to start as any.
The authors are well known academics with flawless credentials.
It's easy to read and gives you a good grounding in the basic concepts and tools
of decision making. Decision trees and some clever tools like "swaps" included
for those who want some mental exercise.
Winning
Decisions: Getting It Right the... The other good
general purpose book on decision making. Similar content, but different
models and emphasis. Read this one plus Smart Choices,
and you will have covered off the non-academic canon from the east coast
decision making gurus. Good information on decision traps.
Decision
Traps: Ten Barriers to... Authors Russo and Schoemaker Winning Decisions)
come at decision making from the standpoint of how to not screw up. Decision traps
are automatic "stimulus/response" behaviors . . . non-decisions if you
like . . . that lead you off in a direction that is antithetical to good decision
making. The traps? There are others, but here's their list: Plunging in, Frame
blindness, Lack of frame control, Overconfidence in your judgment, Shortsighted shortcuts,
Shooting from the hip, Group failure, Fooling yourself about feedback, Not keeping
track, Failing to audit your decision process.
How
Good People Make Tough Choices:...Rushworth Kidder is a former Senior
Editor at The Christian Science Monitor and brings a penetrating sensibility and
wonderful voice to a subject most of us nod at but tend to shy away from.
Long before it became fashionable, Kidder identified ethics (through his
interviews of some of the giants of the last century) as one of the most
important dynamics of our era. A very fine book and worth your attention.
These Books Deal With Specific and Sometimes Well Known Decisions
One
Hell of a Gamble: Khrushchev,...If you have any interest in decision making,
this is a book you should read. If you were alive and aware in the early 60's,
this is a book you really should read. The Cuban
Missile Crisis was arguably the hottest single point of the Cold War,
thirteen days that brought the US and USSR within a bad decision of total,
thermonuclear war. This book give you a terrific view into what went on with
both sides, based on unprecedented access to recently declassified US and
Soviet era records.
Thirteen
Days: A Memoir of the Cuban... If you're going to read about the Cuban Missile Crisis,
you should add this book to the list. It's a short memoir by Bobby Kennedy, arguably
President Kennedy's closest and most important advisor. He was there for every bit of
it. In some ways, the best part are his reflections at the end about the dynamics that
supported what everyone came to regard as a superb decision process that led
to an excellent outcome.
Ship
of Gold in the Deep Blue SeaThis is a ripping good tale, a true pairing of two
stories. The first, of the sinking in a terrible hurricane of the steamship Central
America along with 50 tons of gold rush era gold. The second, of a young
engineer named Tommy Thompson who takes nothing for granted, questions
everything about everything, and ultimate figures out what no one for any amount of
money including the US government with it's unlimited treasury could do
before him: do delicate, real work at extreme depths. Tommy not only finds
the wreck, but salvages the gold. It reads like fiction. It's a pot boiler
from the first page to the last. If you like a good tale, if you like
innovation and a never say never attitude, read this book.
Endurance:
Shackleton's Incredible...And you think you have it tough. Bunch of guys head
on down to the Antarctic to be the first to cross the frozen continent by dog sled.
Ooops. Boat gets frozen in and ultimately crushed by the ice. In a terrific tale of
heroism and grit, everyone of them makes it off the ice and ultimately to safety.
Easy read. Great story. The essence of the heroic journey. It will take you
most of a Saturday to read this.
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