Lessons In Product Management

The Good and Bad of Emotional Decision Making w/ Nick Sonnenberg - CEO of Leverage

08.03.2020 - By Path2ProductPlay

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On today's episode, I sat down with Nick Sonnenberg, CEO of Leverage. getleverage.com Before Leverage, Nick was a high frequency trader on Wall Street, building algorithms to programmatically trade stock at micro-second speed. Back in May, Nick published an article on Inc. called "How to remove emotion from your decision making". I loved the article and thought of how relevant it was to product management so, I had to have Nick on to dive a bit deeper into the topic. 

Here's what we discussed:

Why emotional decisions can be more informed than you think

How your gut decisions are never random

Why you should reduce the number of critical decisions you make

How subconscious logic can drive quick decisions

What factor risk plays in the decision making process

Understanding probability can help you decide how much thought to give to a particular decision

When to check your emotions to avoid disregarding key information or making angry or frustrated decisions

A great framework for decision making and when to delegate or put off decisions

How to leverage design thinking and tools like Miro to make group decisions

Why having core values or organizational principles are key anchors in critical decision making

How to leverage OKRs to create organizational alignment on individual decision making

Check out the book on decision making that Nick recommended:

https://www.amazon.com/Problem-Solved-Decisions-Confidence-Conviction/dp/163265086X 

Follow up with Nick at https://getleverage.com/

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