Classify decisions as speed-dominant or accuracy-dominant before analysis — 15 minutes for speed, structured process for accuracy
Before any analysis begins for a decision, explicitly classify it as speed-dominant (reversible, low cost of wrong, high cost of delay) or accuracy-dominant (irreversible, high cost of wrong, low cost of delay), then let that classification dictate process—fast decisions get 15 minutes and bias toward action, slow decisions get structured analysis.
Why This Is a Rule
The speed-accuracy trade-off is fundamental to decision science, but most people apply the same process to all decisions regardless of where they fall on the spectrum. This produces two systematic errors: applying slow, careful analysis to speed-dominant decisions (wasting time and missing windows) and applying fast heuristics to accuracy-dominant decisions (insufficient analysis for irreversible consequences).
Three factors determine the classification: Reversibility (can you undo it?), cost of wrong (how bad is the worst outcome?), and cost of delay (what do you lose by waiting?). Speed-dominant decisions score high on reversibility, low on cost of wrong, and high on cost of delay — waiting is more expensive than choosing wrong. Accuracy-dominant decisions score low on reversibility, high on cost of wrong, and low on cost of delay — choosing wrong is more expensive than waiting.
The 15-minute budget for speed-dominant decisions isn't arbitrary — it's enough time to consider the top 2-3 options and make a directionally correct choice, which is all a reversible decision requires. Structured analysis for accuracy-dominant decisions means the full toolkit: decision matrix (Use a weighted decision matrix when options exceed 3 and criteria exceed 4 — working memory cannot hold all dimensions at once), pre-defined criteria (Every decision framework needs five explicit components: criteria, sequence, time budget, kill conditions, and decision rights), external review (After irreversible commitments, schedule external reviews with pre-defined criteria — escalation of commitment corrupts self-assessment).
When This Fires
- Before beginning analysis on any decision — this is the first classification step
- Extends Classify every decision as one-way or two-way door before deliberating — minutes for reversible, days for irreversible (one-way/two-way doors) with a more granular three-factor classification
- When a team is debating how much analysis a decision deserves — classify first, then calibrate process
- When decision velocity feels too slow or too fast — check if classification is happening
Common Failure Mode
Applying accuracy-dominant process to speed-dominant decisions because "this feels important." Emotional intensity isn't a classification factor — reversibility, cost of wrong, and cost of delay are. A decision can feel important (choosing a conference to attend) while being objectively speed-dominant (reversible, low cost of wrong, high cost of delay since early registration is cheaper).
The Protocol
(1) Before any analysis, score three factors: Reversibility: can I undo this within a week at reasonable cost? (high = speed-dominant) Cost of wrong: what's the worst realistic outcome if I choose poorly? (low = speed-dominant) Cost of delay: what do I lose by waiting another week to decide? (high = speed-dominant) (2) If 2-3 factors point speed-dominant → 15 minutes, bias toward action. Choose from available options with minimal analysis. (3) If 2-3 factors point accuracy-dominant → structured analysis. Deploy the full decision toolkit: framework (Every decision framework needs five explicit components: criteria, sequence, time budget, kill conditions, and decision rights), matrix if needed (Use a weighted decision matrix when options exceed 3 and criteria exceed 4 — working memory cannot hold all dimensions at once), appropriate time budget (Classify every decision as one-way or two-way door before deliberating — minutes for reversible, days for irreversible). (4) For mixed scores → default to speed-dominant with one guard: a quick check for any dealbreaker that would make the fast choice catastrophic. If no dealbreaker → proceed fast.