Golden Opportunities · The record · Component

The decisions

What was taken and what was declined, with the reasoning — the declines being the more informative half.

The deliverable

What it is

Organisations remember what they took and reconstruct what they declined. The reconstruction is generous and hindsight makes past judgement look better than it was.

A two-line record per decision, made at the time, is what makes an honest assessment possible years later.

One level in

What it is made of

Each element is a constituent part of the component. Follow one to see the attributes it carries.

  1. The entry

    What the opportunity was.

    3 attributes: Opportunity · Date · Raised by

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  2. The decision

    What was decided.

    3 attributes: Decision · Decided by · Time taken

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  3. The reasoning

    Why, at the time.

    3 attributes: Reason · Main uncertainty · Confidence

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The outcome alone cannot distinguish a good decision from a lucky one. Record the reasoning.