Balancing Speed vs. Quality

Balancing Speed vs. Quality

Reading Time: 6 minutes Key Points   The balance between speed and quality in product development is pivotal. Your emphasis on speed or quality should be determined by your confidence in the problem’s importance and the aptness of the solution. Utilize...
Hard Choice Model

Hard Choice Model

Reading Time: 5 minutes Key Points   The Hard Choice Model is a structured approach to categorize and address different decision-making scenarios. It evaluates decisions based on their impact and the ease of comparing available options. This model can streamline...
Survivorship Bias

Survivorship Bias

Reading Time: 6 minutes Key Points   Abraham Wald, a young statistician, made a profound observation during World War II that saved countless lives. The concept he illuminated was the “Survivorship Bias,” a cognitive error where we focus solely on the...
Issue Trees

Issue Trees

Reading Time: 5 minutes Key Points   Issue trees help deconstruct and map out problems systematically. They are instrumental in breaking a big problem into smaller, more manageable parts and prioritizing them. Issue trees can be categorized into problem trees,...
Ishikawa Diagram

Ishikawa Diagram

Reading Time: 5 minutes Key Points   Ishikawa diagrams help identify the root causes of problems. It helps deconstruct intricate problems into manageable parts, paving the way for clear, logical thinking. You can apply this method individually or in a group...