Questions that raise doubts about a decision made during the course of a project can arise at any time. Being able to provide a concise recap regarding the inputs used in making decisions can mean the difference between a stalled career and a successful career in Project Management.
Inhaltsverzeichnis (Table of Contents)
- Barger's Law of Change
- Barger's Law of Change
- Barger's Law of Change
- Barger's Law of Change
- A "Good" Decision Defined
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The objective of this text is to explain Barger's Law of Change, which highlights the inherent instability of decisions over time due to changing information and circumstances. It emphasizes the crucial role of documentation in justifying past decisions and the importance of understanding how perceptions of "good" and "bad" decisions evolve.
- The impermanence of decisions based on available information.
- The impact of new information on the assessment of past decisions.
- The importance of documentation in justifying past choices.
- The subjective nature of defining a "good" decision.
- The potential for mistakes to yield positive outcomes.
Zusammenfassung der Kapitel (Chapter Summaries)
Barger's Law of Change: This chapter introduces Barger's Law of Change, using the extreme example of the sun becoming a red giant to illustrate how even seemingly sound decisions can be reevaluated in light of new information or changing circumstances. It emphasizes the ever-present possibility of reevaluation of past decisions and the importance of detailed documentation to justify those decisions in the future.
Barger's Law of Change: This chapter expands on the core concept, illustrating how various business changes (financial, political, technological, etc.) can trigger reviews of past decisions. It highlights the importance of being able to justify those past decisions, with the author stating that inability to do so has negative career consequences. The chapter emphasizes the factors influencing the evaluation of past decisions: how poorly a decision is currently viewed, how well the decision-maker can recall the initial inputs, and how different those inputs are from the currently available information.
Barger's Law of Change: This chapter analyzes the decision-making process, describing decisions as point-in-time choices based on currently available information, past experiences, and future expectations. It underscores that the quality of a decision (“good” or “bad”) is subject to reassessment depending on factors such as new information or changes in the external environment. The ability to justify past decisions based on the original inputs is highlighted as critical for positive outcomes.
Barger's Law of Change: This section formally states Barger's Law of Change: A "good" decision lasts only as long as the inputs used in making that decision remain valid. It reinforces the central thesis of the text, demonstrating the dynamic and fluid nature of decision-making in the face of evolving circumstances.
A "Good" Decision Defined: This chapter challenges the simple binary of "good" and "bad" decisions. It argues that a "good" decision is ultimately a matter of perception, influenced by whether the outcome is viewed favorably and whether others agree with the decision made. Even a mistake, if it produces a favorable outcome, can be considered a "good" decision. The example of an unlocked store being robbed but incurring lower losses than anticipated repair costs illustrates this point.
Schlüsselwörter (Keywords)
Barger's Law of Change, decision-making, project management, information, documentation, justification, perception, outcome, change management, risk.
Frequently Asked Questions: Barger's Law of Change
What is Barger's Law of Change?
Barger's Law of Change states that a "good" decision lasts only as long as the inputs used in making that decision remain valid. This highlights the inherent instability of decisions over time due to changing information and circumstances. The text uses extreme examples, such as the sun becoming a red giant, to illustrate how even seemingly sound decisions can be reevaluated in light of new information or changing circumstances.
What are the key themes explored in this text?
The text explores the impermanence of decisions based on available information, the impact of new information on the assessment of past decisions, the importance of documentation in justifying past choices, the subjective nature of defining a "good" decision, and the potential for mistakes to yield positive outcomes. It emphasizes the crucial role of documentation in justifying past decisions and the importance of understanding how perceptions of "good" and "bad" decisions evolve.
Why is documentation so important according to Barger's Law of Change?
Detailed documentation is crucial for justifying past decisions, especially as new information emerges and circumstances change. The inability to justify past decisions can have negative career consequences. Documentation allows for a clear understanding of the initial inputs used in making a decision, facilitating future reevaluation and analysis.
How does the text define a "good" decision?
The text challenges the simple binary of "good" and "bad" decisions. It argues that a "good" decision is ultimately a matter of perception, influenced by whether the outcome is viewed favorably and whether others agree with the decision made. Even a mistake, if it produces a favorable outcome, can be considered a "good" decision.
What factors influence the evaluation of past decisions?
The evaluation of past decisions is influenced by how poorly a decision is currently viewed, how well the decision-maker can recall the initial inputs, and how different those inputs are from the currently available information. The text highlights the dynamic and fluid nature of decision-making in the face of evolving circumstances.
What are the practical implications of Barger's Law of Change?
Barger's Law of Change has significant implications for decision-making in various fields, particularly project management and change management. It underscores the need for adaptable strategies, thorough documentation, and a nuanced understanding of how perceptions of success and failure can evolve over time. The text emphasizes the importance of being able to justify past decisions based on the original inputs as critical for positive outcomes.
What are some examples used to illustrate Barger's Law of Change?
The text uses several examples, including the sun becoming a red giant (an extreme example to illustrate the principle), various business changes (financial, political, technological), and the example of an unlocked store being robbed but incurring lower losses than anticipated repair costs (to illustrate how a mistake can be perceived as a "good" decision).
- Quote paper
- Robert Barger (Author), 2015, The Law of Change, Munich, GRIN Verlag, https://www.grin.com/document/310097
