Jim Collins writes three important questions to ask when "making risky bets and decisions in the face of ambiguous or conflicting data." Here they are:
From Jim Collins book - How The Mighty Fall: And Why Some Companies Never Give In
(HT: Scott Hodge)
- What's the upside, if events turn out well?
- What's the downside, if events go very badly?
- Can you live with the downside? Truly?
From Jim Collins book - How The Mighty Fall: And Why Some Companies Never Give In
(HT: Scott Hodge)
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