Live · Oct 21
Tesla: merge with SpaceX?
Tesla's independent directors must decide whether to negotiate a merger with Elon Musk's other company
Play this caseChoose from 58 real-company cases. Decide before the outcome, defend your call and get feedback on your reasoning.
The factory makes 100% of your product and is quietly looking for another distributor.
You disagreed with Nike. Strong: the call compares cost, preserves an option and names a trigger.
Your argument
Renegotiate for a 12-month exclusive while qualifying a second factory. This protects supply without funding a brand launch from zero; switch if exclusivity is refused by 30 June.
Live · Oct 21
Tesla's independent directors must decide whether to negotiate a merger with Elon Musk's other company
Play this caseCase 42 · Rolex
Demand exceeds supply. Making more could be how the category loses its value.
Play this caseCase 41 · SoftBank
The loss is public. The next allocation decision is due now.
Play this caseA Substack publication with readers at:
FRAME is five checks to run before you commit.
Clarify the question and what would count as success.
Use the evidence in front of you. Say what you are ignoring, and why.
Compare two genuinely different paths. Name what each costs.
Say what you do not know. Cap the downside and name the tripwire.
Commit, then decide in advance what would make you stop or revise.
Find the weakest link, then hand the memo to someone who would argue with it.
Eighteen methods in all.
The model
decided by you a year
more return on that money
a year
Put in your own figure: the team, budget and contracts you decide on.
Why 1% is cautious: across 1,048 major company decisions, a decision process in the top quarter went with 6.9 percentage points more return on investment than one in the bottom quarter. It is a correlation from managers’ own accounts, not an experiment. That process is what you practise here. Lovallo and Sibony, McKinsey Quarterly, 2010
Each case contains 5–7 questions.
Get the facts and constraints available when the company faced the fork.
Choose what you would do.
Use evidence, compare an alternative and say what would change your mind.
Get five dimension scores, then compare your reasoning with the outcome.
Five FRAME dimensions, twenty points each. Completion earns nothing, and matching the company earns nothing by itself.
Example judgement rating
82/10019 rated casesWeakest dimension in this example: Alternatives. The memo defends one option without comparing a second. See how inversion fixes that
Every score shows its evidence.
Read the full scoring rubricArgue a real decision before you know how it ends. Later, the entry shows what you knew then, not what you remember knowing.
Before the outcome
Run a six-week pilot first. Open an office if repeat sales can cover its costs. Stop if acquiring customers costs more than the margin they bring.
After six weeks
The pilot brought new customers, but few repeat orders. We postponed the office and kept testing demand with a local partner.
Each entry is reviewed on the same five FRAME dimensions as a case, and only you can see it.
Explore the journalOnce you qualify, your rating, completed cases and the arguments that earned them live behind one public, verifiable link.
Open your case logdecidenda · business judgement
19 cases closed and defended on the published FRAME rubric.
Updated as you practisePick the whole case or one FRAME step. Everyone sends a written call before seeing anyone else’s; you open the results: how the room split and why.
Create a case roomYour people take the Business Judgement Course over 3–8 weeks, between a first and a final decision on real cases. decidenda sends the invitations and reminders; the report compares the two decisions.
See the course planPersonal practice is free. For a team, the first case room and the course in 3 weeks are free; then $149 a case room, $599 a course for up to 30 people, or $49 per participant a month for everything, with the first month free and no card.
Sign up free · No card.
The optional Latchkey course teaches 18 thinking methods across ten connected company decisions.