{"id":15035,"date":"2020-09-19T15:55:29","date_gmt":"2020-09-19T19:55:29","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=15035"},"modified":"2020-09-25T19:40:35","modified_gmt":"2020-09-25T23:40:35","slug":"believability-weighted-decision-making","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/","title":{"rendered":"Believability Weighted Decision Making: Does it Work?"},"content":{"rendered":"\n<p>What is believability weighted <a href=\"https:\/\/www.shortform.com\/blog\/integrative-decision-making\/\">decision making<\/a>? How can believability weighted decision making help you make decisions in the workplace?<\/p>\n\n\n\n<p>Believability weighted decision making is when a manager considers opinions based on the credibility of the person with the opinion. <\/p>\n\n\n\n<p>Read more about believability weighted decision making and how it works. <\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Believability Weighted Decision Making<\/strong><\/h2>\n\n\n\n<p>Once facts and viewpoints are put out there through <a href=\"https:\/\/www.shortform.com\/blog\/radical-truth\/\">radical truth<\/a> and <a href=\"https:\/\/www.shortform.com\/blog\/thoughtful-disagreement\/\">thoughtful disagreement<\/a>, how do you reconcile them to make the best decisions?<\/p>\n\n\n\n<p>To maintain order and allow the best decisions to surface, people must agree on procedures to resolve disagreements, and abide by the conclusions of the procedures. At Bridgewater, the procedure they use is <strong>believability weighted decision making<\/strong>.<\/p>\n\n\n\n<p><strong>\u201cBelievability weighted decision making\u201d means to weigh the opinions of people who are more believable more heavily than less believable people. <\/strong>This is distinctly different from weighing everyone\u2019s votes equally, as in a democracy.<\/p>\n\n\n\n<p>Who are believable people? They are people who <strong>1) have repeatedly succeeded at the thing in question, and 2) can logically explain their conclusions<\/strong>. It makes sense to value the opinions of successful people more than those with little experience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Organization as a Machine<\/strong><\/h3>\n\n\n\n<p>A great manager is essentially an organizational engineer in charge of building the machine.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>They understand the parts in the machine (the people, the processes, the culture) like a foreman understands his tools.<\/li><li>They work hard to maintain and improve their machines.&nbsp;<\/li><li>They study how well the machine is doing with metrics. They compare the current outcomes with the ideal outcomes, and find ways to close the gap.<\/li><li>They worry about what can go wrong with the machine. They constantly survey the landscape to find suspicious signs of problems.<\/li><li>They study what goes wrong in the machine\u2014either it\u2019s a problem with the machine\u2019s design or with the people.<\/li><\/ul>\n\n\n\n<p>The ideal is to create a machine that works so well you can sit back, barely do anything, and watch beauty happen.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>The 5-Step Process, Applied to Organizations<\/strong><\/h4>\n\n\n\n<p>Just like individuals, organizations employ the 5-Step Process to evolve and continuously improve.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Set clear goals. <\/strong>Define the metrics clearly. Make sure people know what their responsibilities are.<\/li><li><strong>Identify problems and don\u2019t tolerate them. <\/strong>Make it an obligation to report mistakes. Have as many people looking for problems as possible.<\/li><li><strong>Diagnose your problems to find root causes. <\/strong>Figure out why the machine didn\u2019t operate the way you expected. Find out whether someone lacks the ability to do the job and needs to be replaced.&nbsp;<\/li><li><strong>Design improvements to your machine. <\/strong>Visualize the plan working, like a movie script, picturing who will do what, when.<\/li><li><strong>Do the tasks required to completion.<\/strong><\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>What is believability weighted decision making? How can believability weighted decision making help you make decisions in the workplace? Believability weighted decision making is when a manager considers opinions based on the credibility of the person with the opinion. Read more about believability weighted decision making and how it works.<\/p>\n","protected":false},"author":5,"featured_media":15041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,30],"tags":[129],"class_list":["post-15035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management","category-work","tag-principles-life-and-work","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Believability Weighted Decision Making: Does it Work? - Shortform Books<\/title>\n<meta name=\"description\" content=\"What is believability-weighted decision making? When making decisions, some people may be more credible than others. 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Here&#039;s why it matters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-19T19:55:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-25T23:40:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2020\/09\/believability-weighted-principles-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1709\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carrie Cabral\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carrie Cabral\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/\"},\"author\":{\"name\":\"Carrie Cabral\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/2ababb7c63a94ff5d2190f71dc417d56\"},\"headline\":\"Believability Weighted Decision Making: Does it Work?\",\"datePublished\":\"2020-09-19T19:55:29+00:00\",\"dateModified\":\"2020-09-25T23:40:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/\"},\"wordCount\":453,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/09\/believability-weighted-principles-scaled.jpg\",\"keywords\":[\"Principles: Life and Work\"],\"articleSection\":[\"Management\",\"Work\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/\",\"name\":\"Believability Weighted Decision Making: Does it Work? - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/believability-weighted-decision-making\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/09\/believability-weighted-principles-scaled.jpg\",\"datePublished\":\"2020-09-19T19:55:29+00:00\",\"dateModified\":\"2020-09-25T23:40:35+00:00\",\"description\":\"What is believability-weighted decision making? 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