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Work implies accountability, a deadline, and finally, the measurement of results, that is, feedback from results on the work. What we measure and how we measure determine what will be considered relevant, and determine, thereby, not just what we see, but what we—and others—do.
The Peter Drucker Collection on Becoming an Effective Executive
Peter F. Drucker
22. Guerrilla Information War:
Conquerors once expanded territory by seizing land, but with the Digital Age it became more efficient to expand virtually by seizing minds. World War III is already happening, but it's being fought not for land but for clout.
My Friends, a New MEGATH...
@G_S_Bhogal on Twitter
The upshot for decision makers, as summarized by Herzog and Hertwig, is a simple choice between procedures: if you can get independent opinions from others, do it—this real wisdom of crowds is highly likely to improve your judgment. If you cannot, make the same judgment yourself a second time to create an “inner crowd.” You can do this either after some time has passed—giving yourself distance from your first opinion—or by actively trying to argue against yourself to find another perspective on the problem. Finally, regardless of the type of crowd, unless you have very strong reasons to put more weight on one of the estimates, your best bet is to average them.
Noise
Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein
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