3 Laws Model for Decision Making
The three laws model is a framework for decision making that outlines three fundamental principles that should be used to guide decisions in order to ensure the best possible outcomes. The model lists the following three laws:
First Law: All decisions must be made with the intention of achieving the best possible result.
The first law emphasizes that decisions should be made with the primary goal of creating a positive outcome. This means that decisions should be based on the anticipated result that will provide the most benefit to those involved. For example, when choosing a location for a new business, the decision should be based on which site would provide the most profit, rather than simply the most convenient location.
Second Law: All decisions must be made objectively and with the consideration of relevant facts and data.
The second law stresses the importance of making decisions based on facts and data. When making a decision, it is important to remove subjective biases and rely on cold hard facts. By grounding decisions in information, rather than emotion, the risk of making mistakes can be minimized.
Third Law: All decisions must take the opinions of those affected by the decision into consideration.
The third law reminds us that decisions have consequences and that those consequences are felt by other people. It is important to weigh any potential decision with the opinions of those it might affect, especially if the outcome could potentially be negative for certain individuals.
The three laws model is a simple yet effective way to ensure better decision making. By adhering to these three principles, the likelihood of making a wise decision is greatly increased. The model focuses on creating an objective approach to decision-making by considering the facts, the opinions of those involved, and the desired outcome. By taking an informed, rational approach to decisions, better decisions can be made and more satisfactory results achieved.