Monday, July 25, 2011

What is using the last? You may ask

A slightly more sophisticated version of single-factor decision making involves asking ourselves what criterion we used the last time we made the same or a similar decision and wether that produced a good outcome.This is called "using the last," and some examples might be: # "Whenever we've hired a vendor who has done the same kind of project before, things have turned out pretty well." # "The last time I entered the office pool, I chose teams by flipping a coin and I won $20. I'll do the same thing again." # "When we bought our annuals for planting last spring, we chose specimens with dark green leaves and they did really well in the garden." make sure you come back to receive more updates and don't forget to register with us and again I would like you to leave a comment.

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