Decision Register Framework
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A structured decision-making framework used to document and learn from major life decisions. The goal is to improve judgment and decision-making capabilities over time.
Core Components of Decision Register
- Google Doc template tracking major decisions
- Documents both historical and current decisions
- Includes specific questions to analyze each decision
- Revisits decisions later to evaluate outcomes
- Aims to improve judgment 2-3x faster than normal
Key Questions in Framework
- What is the decision? (Tweet-length explanation)
- What alternatives were considered?
- Current emotional state
- Options include: extreme fear, pessimism, neutral, boredom, fatigue, greed, extreme greed, FOMO
- Time spent thinking about decision
- Options: hours, days, weeks, months, years
- What tipped you over the edge to decide?
- Secondary benefits of the decision
- Would you still make this decision without secondary benefits?
- Why do you think you're right?
- Why might you be wrong?
- Upside if right/downside if wrong
- Follow-up decisions needed for success
- Predicted outcome
- Date to revisit and evaluate
Implementation Tips
- Review decisions 2-3 times per year
- Takes couple hours twice yearly to maintain
- Back-fill historical major decisions when starting
- Focus on capturing one decisive reason for each decision
- Document both successful and unsuccessful decisions
- Set specific dates to revisit each decision
Example Decisions to Track
- Career changes
- Company sales/acquisitions
- Major investments
- Real estate decisions
- Business strategy shifts
- Personal life decisions
Benefits
- Creates structured learning from past decisions
- Forces articulation of decision rationale
- Provides framework for future decision-making
- Helps identify patterns in successful/unsuccessful choices
- Improves judgment through systematic review
- Creates accountability for decision outcomes
00:31 - 05:07
Full video: 25:45SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.