Jeff Bezos on how to make decisions | Lex Fridman Podcast Clips

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Summary:

Jeff Bezos shares his insights on decision-making, emphasizing the difference between one-way and two-way door decisions. He explains that one-way door decisions should be made carefully and deliberately, with input from senior executives, as they are not easily reversible and can have significant consequences. On the other hand, two-way door decisions can be made by single individuals or small teams deep in the organization. Bezos also discusses the importance of having a culture that promotes decisive action and discourages unproductive ways of resolving disputes, such as compromise or war of attrition.

Keywords: Jeff Bezos, decision-making, one-way door decisions, senior executives, reversible consequences

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