I tend to avoid retrospectively endorsing actions based on their outcomes, as that opens up the danger of falling to outcome bias. I instead prefer to orient toward evaluating the process of how I made the decision and took the action, and then trying to improve the process. After all, I can’t control the outcome, I can only control the process and my actions, and I believe it is important to only evaluate and endorse those areas that I can control.
You do make a good point; the advantage of retrospectively endorsing based on outcomes, is that it highlights very clearly where your decision making processes are faulty and provides an incentive to fix said faults before a negative outcome happens again.
But if you’re happy with your decision-engine validating processes without that, then it’s not necessary.
I tend to avoid retrospectively endorsing actions based on their outcomes, as that opens up the danger of falling to outcome bias. I instead prefer to orient toward evaluating the process of how I made the decision and took the action, and then trying to improve the process. After all, I can’t control the outcome, I can only control the process and my actions, and I believe it is important to only evaluate and endorse those areas that I can control.
You do make a good point; the advantage of retrospectively endorsing based on outcomes, is that it highlights very clearly where your decision making processes are faulty and provides an incentive to fix said faults before a negative outcome happens again.
But if you’re happy with your decision-engine validating processes without that, then it’s not necessary.