Mental Models: Look At Your Decision-Making Process, Not The Outcome

What makes a good decision? When I ask people that question, I often get answers like:

“When the outcome is successful.”

Why is it that we, as a society, romanticize outcomes? Only things and people that succeed are celebrated. Just look at all the articles and books that idolize successful people. And to a degree, that’s obvious.

But it’s also misleading. We tend to overlook cases that did not come with a successful outcome. And when we do look at failure, we are often quick to explain why things failed.

In hindsight, we can all look at mistakes and say that it was imminent. But if preventing mistakes is that easy, why are we still make decisions that we regret?

Take the case of the Titanic. Looking back, we all know that the luxury liner that traveled from Southampton to New York made many costly mistakes.

For example, it is well known that the Titanic didn’t carry enough lifeboats.

“What happens when all the lifeboats are used in case of an emergency?” is something that someone surely said, right? We just don’t know! We weren’t there.

How about another interesting fact? The Titanic was tested for 6 hours and never with a full crew. After that, they…