Strategies for Preventing Catastrophe

Jul 26, 2024

Lecture Notes: Strategies for Preventing Catastrophe

Personal Story

  • Context: The speaker recounts an incident from a cold winter night in Montreal.
  • Key Events:
    • Left keys inside the house.
    • Attempted to find alternative entrances; all locked.
    • Decided to break a window to get inside to retrieve important items for an early flight.
    • Realized forgot the passport after checking in at the airport, leading to a chaotic rush.
    • Ultimately missed the originally assigned seat and had to sit in less desirable conditions on an eight-hour flight.

Learning Experience

  • Reflected on Stress Impact:
    • Adrenaline and cortisol can cloud thinking.
    • Realized the need for systems to prevent future catastrophes and minimize bad outcomes.

Introduction to Pre-mortem Strategy

  • Concept Origin: Shared with the speaker by colleague Danny Kahneman, inspired by psychologist Gary Klein.
  • Definition:
    • Pre-mortem: A proactive strategy where one anticipates potential negative outcomes and strategizes to either prevent or mitigate those outcomes.

Implementation of the Pre-mortem Strategy

Home Organization

  • Designating Spaces for Important Items:
    • Use specific locations for things often lost (e.g., keys, glasses, passport).
    • The hippocampus helps track stable items; not as effective for movable items.

Travel Tips

  • Secure Identification Information:
    • Take cell phone pictures of important documents (credit cards, passport) and store them in the cloud for easy access if lost.

Managing Stress in Medical Decisions

  • Importance of Preparation:
    • Acknowledge that under stress, decision-making is impaired; preparations can help clarify thoughts.

Medical Decision-Making Example

  • Cholesterol and Statins:
    • High cholesterol can lead to cardiovascular issues.
    • Informed choices about medications (e.g., ask about the number needed to treat (NNT)).
  • NNT Explanation:
    • The number of patients required to take a treatment for one to benefit. E.g., 300 take statins for one individual to be helped.

Discussion of Side Effects

  • Understanding Risk and Benefit:
    • Important to weigh the statistics on likelihood of benefit against potential side effects.
  • Key Statistics:
    • Statin side effects occur in 5% of patients, meaning it's 15 times more likely to suffer side effects than to receive benefit.
    • Prostate surgery yields an NNT of 49 with a high incidence of side effects.

Key Takeaways

  • Preparation is Key:
    • Anticipate potential failures and strategize accordingly.
  • Recognizing Our Flaws:
    • Everyone can fail; the goal is to identify risk areas and create systems to reduce damage.
  • Gradual Process Towards Organization:
    • The speaker acknowledges personal ongoing efforts to improve organization at home.

Closing Thoughts

  • Focus on preventative systems and rational decision-making.