The OODA Loop: How Fighter Pilots Make Fast and Accurate Decisions
The OODA Loop is a four-step process for making effective decisions in high-stakes situations. It involves collecting relevant information, recognizing potential biases, deciding, and acting, then…
«OODA” stands for “Observe, Orient, Decide, and Act.»
More from Farnam Street
Tit For Tat
Tit for tat is a strategy which, according to game theory, is the most effective choice for iterated games based on mutual cooperation or defection.
«Under tit for tat, a player will begin by cooperating, then in subsequent iterations will replicate whatever their opponent did last time.»
Math Makes Life Beautiful.
Math has long been the language of science, engineering, and finance, but can math help you feel calm on a turbulent flight? Get a date? Make better decisions? Here are some heroic ways math shows up…
«Being curious about the world helps us find solutions to problems by bringing new knowledge to bear on old challenges. Math and physics are actually powerful tools for investigating the possibilities of what is out there.»
The Art of Being Alone
Loneliness has more to do with our perceptions than how much company we have. It’s just as possible to be painfully lonely surrounded by people as it is to be content with little social contact. Some…
«“Loneliness, longing, does not mean one has failed but simply that one is alive.” — Olivia Laing»
Focus to Win
Since focus requires saying no, it also means really smart people and good competitors are saying no to really good ideas.
«This sounds really simplistic, but it still shocks me how few people actually practice this, and it’s a struggle to practice, but is this issue of focus.»
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Reducing Product Risk and Removing the MVP Mindset
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«As Henry Ford allegedly said, “If I’d asked customers what they wanted, they would have said a faster horse.” »
The Power of Product Thinking
In many design, product management, engineering, or even venture capital interviews and pitches, you’ll be assessed on a dimension called “product thinking,” sometimes also called “product sense.” If…
«The simplest way to define product thinking is that it is the skill of knowing what makes a product useful — and loved — by people»
The Art of Product Management
Why and How to Develop the Essential Human Skills
Choosing Your North Star Metric
How to decide the guiding metrics for every type of business, based on a survey of employees at over 40 of today's most successful growth-stage companies.
«By maintaining a laser focus on a single metric for too long, teams risk short-term thinking, missing new opportunities, and sacrificing the user experience.»
8 Product Hurdles Every Founder Must Clear — This PM-Turned-Founder Shares His Playbooks
Repeat PM turned first-time founder Ryan Glasgow addresses the tough product questions every founder faces, from segmenting the market and iterating on early MVPs, to finding product/market fit and…
«You can't rely on your customers to figure out what to build. They can really only tell you what outcomes they're looking to achieve»
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