Decision Making Frameworks: 5 Strategies for Better Business Choices

  • Business Acumen
  • Up to 2.0 PDUs
  • 0:19 video
  • Online or Digital Media

About this course

Under pressure, the brain defaults to fast, automatic System 1 thinking, which is where biases like anchoring and sunk cost take over. The goal isn't to eliminate bias but to know which decisions deserve a slower, deliberate approach. This course gives you five practical frameworks for making those high-stakes choices well.

Who this course is for

  • Project managers who make many decisions every day under time pressure
  • Leaders facing high-emotion calls or pressure to commit quickly
  • Anyone deciding whether to continue a project that has already consumed significant budget

What you'll be able to do

  • Classify decisions as Type 1 (irreversible) or Type 2 (reversible) and match your level of analysis to each
  • Apply Suzy Welch's 10/10/10 rule to see the longer-term cost of a short-term choice
  • Use Charlie Munger's inversion and a pre-mortem to expose specific risks
  • Trace second-order consequences, especially for decisions that set a precedent
  • Escape the sunk cost trap with the fresh start test, and build the habit with a decision journal

Complete the video and knowledge check to earn up to 2.0 PDUs, credited from your recorded learning time.

What you will learn

  • Classify decisions as reversible or irreversible
  • Apply 10/10/10, inversion, and second-order thinking
  • Recognize and escape the sunk cost trap

PDU credit is your recorded learning time (video plus knowledge check), rounded down to 0.25 PDU and capped at 2.0. How credit works

Course outline

  1. How Your Brain Makes Decisions
  2. Reversible Versus Irreversible Decisions
  3. The Ten Ten Ten Rule
  4. The Inversion Framework
  5. Second Order Thinking
  6. The Sunk Cost Trap
  7. Putting Frameworks Into Practice
  1. 1 Watch the course

    0% watched (0:00 of 0:19) · recorded time 0:00 · watch 90% to unlock the knowledge check

    Progress counts while the video plays in this tab. Skipped sections don't count, and progress is saved in this browser only.

  2. 2 Pass the knowledge check

    Unlocks after you watch 90% of the video.

  3. 3 Download your certificate

    Unlocks after you pass the knowledge check.

Prefer reading? See the companion article: read it on the blog.

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