Algorithms To Live By explores how algorithms, usually used in computer science, can be applied to everyday decision-making for hiring, onboarding, and shifting goals, using strategies like the 37% Rule.
Main Lessons
- Utilize algorithms to simplify everyday decision-making processes.
- The 37% Rule suggests assessing 37% of options before making a choice to maximize success.
- The onboarding algorithm helps balance workload to align new hires with performance capacities.
- Transmission Control Protocol (TCP) exemplifies managing increasing workloads until optimal balance is found.
- The Gittins Index assists in deciding whether to pivot or persevere by evaluating success ratios.
- Mathematical strategies aid in handling common professional challenges such as hiring and project management.
- Algorithmic thinking, often seen in computer science, can be translated into practical life applications.
- Experimenting with untested options can uncover greater opportunities and potential.
- Mathematical validation provides confidence in choosing the best outcome under uncertain circumstances.
- Understanding the probability of success increases efficacy in personal and professional scenarios.
- Embrace new options to explore potentials, as exploration itself holds inherent value.