Move fast on two-way doors
On reversible decisions, decide with 70% of the information you wish you had — then adjust.
Why it works
Waiting for certainty on reversible decisions is an error of excessive caution — the expected cost of the delay (missed opportunity, organizational slowness) exceeds the expected cost of acting and reversing. Bezos suggests 70% of the wished-for information is usually sufficient for two-way doors: the missing 30% is rarely decisive, and waiting for it often costs more than a wrong call would.
How to do it
- For a two-way door, set a decision deadline (often 24–72 hours) rather than leaving it open.
- Ask: do I have 70% of the information I would ideally want? If yes, decide.
- Commit to the decision and implement it, with an explicit review point built in.
- Reverse quickly and without shame if the decision proves wrong — that is the design.
Evidence
Organizational research on decision speed suggests that slower decisions are not reliably better decisions, and that decision speed positively correlates with organizational performance in high-uncertainty environments when decisions are reversible. (observational)
Speed advantage depends on decision reversibility and feedback speed; in slow-feedback environments, faster decisions may not allow timely correction.
Sources
- Eisenhardt (1989), "Making Fast Strategic Decisions in High-Velocity Environments", Academy of Management Journal
Common mistake
Treating the 70% rule as an excuse to decide with 40% of available information rather than as a limit on perfectionist over-deliberation.
Practice this with IX Coach
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