Decision-making

Book Summary: A master class in making better decisions.

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Thinking in Bets book cover

Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts

by Annie Duke

Thinking with Bets promises to help us make better decisions in an uncertain and challenging world.

Written by poker champion and decision strategist Annie Duke, the book’s premise is that poker is a good metaphor for life. Decisions in life are bets on hoped-for outcomes. Like poker bets, these decisions can have significant consequences. And they are made under conditions of uncertainty, with incomplete information, and at least some luck is involved.

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Book Summary: Amazon’s ideas can make your organization smarter.

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Working Backwards: Insights, Stories, and Secrets from Inside Amazon

by Colin Bryar and Bill Carr

Whatever you think about Amazon, it’s impossible to ignore the impact that it’s had on so many aspects of the business landscape, from retailing to publishing to entertainment and even cloud data services. Working Backwards, written by two early and senior executives, describes some of the notable business practices behind Amazon’s growth and impact. Mostly these are ideas that organizations of any type or size can use or adapt.

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Book Summary: Make better decisions.

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Creating Great Choices book cover

Creating Great Choices: A Leader’s Guide to Integrative Thinking

by Jennifer Riel and Roger L. Martin

Conventional wisdom says that trade-offs are inevitable when making hard choices. But settling for the least bad option is a lousy way to make a big decision. This book proposes a “third and better way” to make important choices using proven, repeatable processes to create better answers to problems, sidestep our built-in biases, and avoid trading off one stakeholder group’s needs for another.

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