Amazon founder Jeff Bezos explains his "Regret Minimization Framework"

New year is just round the corner and many among us are already thinking about the new year resolutions. Resolutions about things that we wanted to accomplish in 2010. And finding that the entire 2010 passed as if in a blink: we are trying to chalk out how we are going to accompish those and some new tasks in the new year 2011.

But whatever resolutions we make about the goals we want to achieve in 2011: we should ensure that they should have a built in "Regret Minimization Framework.". Don’t know what it is? Then watch founder Jeff Bezos' explain his "Regret Minimization Framework."


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