The Checklist Manifesto, Atul Gawande
(back to books)
- Substrat: checklists establish a higher standard of baseline performance
- checklists have 4 advantages: simple, measurable, transmissible, low-tech
- embracing a culture of teamwork and discipline is the ultimate goal
- making people say something at the start activates their sense of participation
- checklists are opportunities to communicate as a team
- dispersing responsibility sends a message that everyone is responsible
- how to build trust in checklists:
- collect data on baseline performance first
- have managers with final decision-making power involved in roll-out
- good checklists
- simple, brief, precise (fit on index card; focus on killer items)
- bad checklists spell out everything (treat people as dumb)
- "teambrief" & "everybody knows each others' names" are good items
- visual cue to finish checklist can be helpful (e.g. nurse removes metal tent over surgical instruments)
- 2 reasons for failure in situations under our control: 1) ignorance, 2) ineptitude
- for nearly all of history mostly ignorance; today, often ineptitude
- common dangers: faulty memory, distraction, false confidence
- 3 types of problems: simple, complicated, complex (checklists helpful for complex problems)
- simple: baking a cake from a mix; simple recipe exists
- complicated: sending rocket to moon; interacting simple problems
- complex: raising a child (no 2 alike - but rockets are) or daily life
- other
- 4 data points to assess health: body temperature, pulse, blood pressure, respiratory rate, subjective pain rating
- investment checklist items (in a study, only 1 in 8 investors applied checklists)
- revenues over- or understated due to boom/bust?
- verify you read footnotes on cash flow stmts
- review stmt of key mgmt risks
- review financial stmts of prev. 10 ys
- look whether cash flow and costs match reported revenue growth
- review fine print of mandatory stock disclosures