meta_pixel
Tapesearch Logo
Log in
Coaching for Leaders

499: The Way to Make Better Decisions, with Annie Duke

Coaching for Leaders

Dave Stachowiak

Education, Business, Management, Self-improvement, Careers

4.81.6K Ratings

🗓️ 9 November 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

Annie Duke: How to Decide Annie Duke is an author, corporate speaker, and consultant in the decision-making space. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. She is the co-founder of The Alliance for Decision Education, a non-profit whose mission to improve lives by empowering students through decision skills education. Annie is the author of Thinking in Bets* and her newest book, How to Decide: Simple Tools for Making Better Choices*. Key Points Better decision-making aims to reduce resulting and hindsight bias. Avoid using a pro/cons list in decision-making, as it tends to reinforce biases you already have. Use a decision tree to document potential decisions, possible outcomes, and the likelihood those outcomes will occur. More people being involved in a decision is helpful, assuming you are actually leveraging each person’s independent thinking. Negative thinking will help you foresee potential problems along the path of your decision so you can do a better job of mitigating issues before they occur. Resources Mentioned How to Decide: Simple Tools for Making Better Choices* by Annie Duke Thinking, Fast and Slow* by Daniel Kahneman The Checklist Manifesto: How to Get Things Right* by Atul Gawande The Alliance for Decision Education Book Notes Download my highlights from How to Decide in PDF format (free membership required). Related Episodes How Women Make Stronger, Smarter Choices, with Therese Huston (episode 255) How to Approach Corporate Budgeting, with Jody Wodrich (episode 355) How to Ask Better Questions, with David Marquet (episode 454) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.

Transcript

Click on a timestamp to play from that location

0:00.0

We've all made good decisions and we've all made bad decisions, but what can you do before a decision is made that helps you get the results you want more consistently?

0:09.0

On this episode, The Framework for Better Decision Making.

0:13.0

This is Coaching for Leaders, episode 49.

0:17.0

Produced by Innovate Learning, Maximizing Human Potential. maximizing human potential.

0:29.0

Greetings to you from Orange County, California. This is coaching for leaders and I'm your host Dave Stahoviac.

0:34.3

Leaders aren't born.

0:36.0

They're made and this weekly show

0:37.8

helps you discover leadership wisdom

0:39.8

through insightful conversations.

0:42.4

A question that I am asked often by folks in our community

0:45.3

and our academy is, how do I make better decisions or if we're in the midst of trying to support

0:51.6

someone I'm making a better decision.

0:53.0

What's the process I can use?

0:55.0

And decisions is something of course as leaders.

0:57.2

We are being asked to jump in on on almost a daily basis.

1:01.5

And yet, most of us never really received any

1:04.8

substantial training on how to make better decisions. Today I am so glad to be

1:10.3

able to welcome someone to the show who's absolutely an expert on decision-making.

1:14.4

She's going to help us to really frame our next decision effectively.

1:18.8

Annie Duke is an author, corporate speaker, and consultant in the decision-making space.

1:24.7

As a former professional poker player, Annie won more than $4 million in tournament

1:29.5

poker before retiring from the game in 2012.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Dave Stachowiak, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Dave Stachowiak and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.