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Risk tolerance in org change: When 1 bad thing happens, don't pave over it with rules Transcript: Speaker 1 Two is, and Sam, like you and I have talked about this a million times, like there is such a bias around risk where it's like this thing happened once. Now we make a rule for it. Now we have to uphold that rule in perpetuity. And that is what we call work debt. We don't even know if that one thing would ever happen again. But now we have hours and time and money and cycles and cycles and cycles probably forever because let's be honest, we're never going to unwrite that rule for what might have been a one Off. And so on the one hand, I think like that person's perspective is really valid. On the other hand, I'm like, if you want to be strategic, you have to learn to look at risk a little bit differently, which is that you can never eliminate it. You are always doing stuff with the issue in the rear view.

The Future of HR — Building Your Capabilities, Pt. 1 - Getting to Level 3

At Work with The Ready

The Golden Rule Doesn't Account for Other's Preferences and Interests The Golden Rule fails to consider individual differences, particularly in power dynamics. It assumes treating others as we want to be treated is ethical, but ignores the possibility that they may have different preferences based on their unique characteristics and circumstances. Transcript: Speaker 1 The golden rule does not adequately take into account these differences, especially of power. People commonly say, why is it ethical to treat others as we would want to be treated? They may be different than us and may want to be treated differently.

The Golden Rule

In Good We Trust

The people with the most accurate models of others tend to have diverse social networks Summary: To correct for this handicap, we need to listen to the oppressed in the population. This includes laborers, students, and others who are usually not given a political voice. By expanding our social networks to include more diverse perspectives, policymakers can make better decisions based on a deeper understanding of societal trends and people's desires. Transcript: Speaker 1 But it sounds like this gives us a really clear pointer on how to correct for this handicap. And that we really ought to be like, perhaps when it comes time to make decisions on behalf of everyone, we should really be listening to whomever the oppressed are in that population. We should be really paying attention, for example, to laborers and students and people that are ordinarily not historically, not given a lot of political voice. And what you're saying, yeah, it's in other words, what we need to do is broader our social networks include in our social networks, those people who are typically not there. So if the policymakers who are making these important decisions should know as many different people as possible. And we show in related studies that people who have most diverse social circles are also best able to predict societal trends and to understand how the overall population lives and What people want.

Mirta Galesic on Social Learning & Decision-Making

COMPLEXITY: Physics of Life

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