(1) Joy's Law

• No matter who you are, most of the smartest people work for someone else

(2) Peter Principle

• People rise to their level of incompetence

(3) Regression to the mean

Terrific performance followed by average performance

(4) 2x2 matrices

• Unknown v/s Known to find unknown unknowns
• Eisenhower Decision Matrix (importance v/s urgency)
• Keith Rabois Delegation Matrix (conviction v/s consequence)

(5) Avoid group think

• Bandwagon effect
• Divergent thinking followed by Convergent thinking
• Crowd source ideas

#Psychology