Self-made billionaires Richard Branson and Jeff Bezos reveal how they make tough decisions
Publishing timestamp: 2018-03-02 14:26:42
Summary
Richard Branson emphasizes the importance of tailoring decision-making strategies based on whether the decision is one-way or two-way. He explains that most decisions are actually reversible and compares the process to walking through a door. Jeff Bezos also supports this approach, noting that using a one-size-fits-all decision-making process can lead to slowness and diminished innovation. Branson highlights the need to spot which decisions are one-way and which are two-way doors in order to make decisions, learn, and improve.
Sentiment: NEUTRAL
Tickers: AMZN,
Keywords: amazon.com inc, richard branson, jeff bezos,
Source: https://www.cnbc.com/2018/03/02/how-richard-branson-and-jeff-bezos-make-tough-decisions.html