Stewarding Legacy & Wealth · Monograph VI
Decision Journals
Separating Decision Quality From Outcome Quality
Abisola Oladapo, CoreLoop Institute · SLW-006 · Published
Executive summary
A decision journal records reasoning, assumptions, alternatives and expected outcomes before the result is known, allowing a family to separate sound judgement from luck and learn honestly from every decision. This monograph presents the Decision Loop™, Investment Memo Template™, Pre-Mortem Framework™ and Decision Journal Maturity Model™.
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Founder's Note
One of the questions I hear most often from founders after an investment goes wrong is deceptively simple:
Was that a bad decision, or just a bad outcome?
My response is usually another question:
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CoreLoop Advisory provides strategic, organizational and implementation advisory. We do not provide legal, tax, investment-management, accounting or fiduciary services, and we work alongside your family's qualified professional advisors.
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