←back to thread

How to Take Good Decisions?

9 points rookie123 | 2 comments | 20 Nov 24 17:17 UTC | HN request time: 0.402s | source

Hey everyone! I'm trying to get better at decision-making, both at work and in everyday life. Do you have any favorite books, articles, or courses that really helped you make better choices? I'd love any recommendations—whether it's practical tips, interesting frameworks, or just great reads. Thanks in advance!
1. helph67 ◴[20 Nov 24 21:35 UTC] No.42198348[source]▶
Never forget `Pareto', you will find it applies to most of life. Quote> The Pareto principle (also known as the 80/20 rule, the law of the vital few and the principle of factor sparsity) states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few"). <End quote.

https://en.wikipedia.org/wiki/Pareto_principle

replies(1): >>42198864 #
2. muzani ◴[20 Nov 24 22:37 UTC] No.42198864[source]▶
This is often misconstrued.

80% of sales come from 20% of the customers > yes, fire the customers who bring in 80% of the work.

80% of goals come from 20% of the players > no, your formation should not change everyone to forwards

Opportunities come 80% from networking, 20% from working hard > if you spend all your time networking, people would avoid you

Very often there's a support structure in place which leads to to the results.