Tag

strategy

Entries tagged with strategy - exploring this theme across cognitive biases, logical fallacies, mental models, and more.

9 concepts

Goodhart's Law

When a measure becomes a target, it ceases to be a good measure.

Instead of asking how to succeed, ask what would guarantee failure - then avoid those things.

When all you have is a hammer, everything looks like a nail - the tendency to over-rely on a familiar tool or approach for every problem.

Every choice has a hidden price tag: the value of the next-best thing you gave up by choosing this one.

Judging the quality of a decision by how things turned out, rather than by whether the reasoning was sound at the time.

The tendency to underestimate how long a task will take, how much it will cost, and how many things will go wrong along the way.

Extreme results tend to be followed by more average ones - not because of any intervention, but because that's how variation works.

Achieving a large objective by slicing it into small, individually insignificant steps that each seem too minor to resist.

Thinking beyond the immediate consequences of a decision to consider what happens next - and what happens after that.