TEI 235: Better decision-making for product managers using the Laws of Trading

Global Product Management Talk is pleased to bring you the next episode of...

The Everyday Innovator with host Chad McAllister, PhD.

The podcast is all about helping people involved in innovation and managing products become more successful, grow their careers, and STANDOUT from their peers.

About the Episode:

Decision-making is part of every product manager’s toolkit. Think about what it would mean to have effective guidelines or laws for better decision-making. You could make simple decisions more quickly and decisively. You could have a more solid defense and reasoning for complicated decisions. You would also have less fatigue and stress related to making decisions.

Those are important benefits of better decision-making. To help you create guidelines, our guest has learned the art and science of decision-making in a variety of high-stress and fast environments. He started as a design engineer and then moved to Wall Street to be a trader. He has placed his insights for decision-making into the book titled, The Laws of Trading, A Trader’s Guide to Better Decision-Making for Everyone.   His laws address issues in several categories, including:

1. Risk,
2. Edge,
3. Costs,
4. Technology,
5. Alignment, and
6. Adaptation.

We discuss several of these.