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When business leaders describe their organisational cultures as embracing what it means to ‘fail fast’ or suggesting that we are all in a ‘learning organisation’, it rings hollow if the aspirations are not lived and structurally supported. Employees see through the public relations of an organisation that markets itself as innovative yet executes the same playbook year after year.
Driving Data Projects: A Comprehensive Guide
Haskell, Christine
To Eliminate Undesirable Behavior, You Have to Eliminate The Stimuli That Precedes It
Summary:
Self-control problems require structuring life to avoid stimuli that tempt bad behavior, similar to avoiding walking past a tavern if you're an alcoholic.
Investors can improve mental hygiene by unfollowing negative sources and following those with a long-term perspective to reduce hyper reactivity to market fluctuations. Changing exposure helps in turning down the amplitude of emotions.
Transcript:
Speaker 1
But if you 're an alcoholic, you would be crazy to walk past the tavern and say, i will demonstrate the will power not to walk in. You can't do that, and you know you can't, so you walk on the other street. And that's the kind of governor that people need to put on their behavior. If you know that you have self control problems, you have to structure your life so that the things that tempt you into bad behavior don't get surfaced in your stimuli. And that's very easy for investors to do. If you, if you know you have a tendency toward hyper reactivity to, you know, red arrows pointing downward on stock market displays, then turn that web site off, un follow that person On twitter. Follow people who take a longer term perspective and aren't rattled by this kind of thing. Improve your mental hygiene. You can't turn yourself into someone who's unemotional, but you can turn down the amplitude of your own emotions if you change what your exposures are.
#4 Jason Zweig — Elevate Your Financial IQ
The Knowledge Project with Shane Parrish
The Map is not the Territory
Summary:
Humans often confuse maps with territories, despite evidence from various disciplines.
We wrongly assume that what we measure is what matters, but our values may not have quantifiable metrics. Biometric data can oversimplify complex discussions on health.
This conundrum becomes more significant when considering governance on a larger scale.
How do we count and operate a nation state wisely?
Can social science inform smarter political economies? We must escape the false clarity of information systems that lack collective wisdom.
Transcript:
Speaker 3
There are maps and there are territories and humans frequently confuse the two. No matter how insistently this point has been made by cognitive neuroscience, epistemology, economics, and a score of other disciplines, one common human error is to act as if we know What we should measure and that what we measure is what matters. But what we value doesn't even always have a metric and even reasonable proxies can distort our understanding of and behavior in the world we want to navigate. Even carefully collected biometric data can include the other factors that determine health or can oversimplify a nuanced conversation on the plural and contextual dimensions Of health, transforming goals like functional fitness into something easier to quantify but far less useful. This philosophical conundrum magnifies when we consider governance at scales beyond those at which homo sapiens evolved to grasp intuitively. What should we count to wisely operate a nation state? How do we practice social science in a way that can inform new, smarter species of political economy? And how can we escape this seductive but false clarity of systems that reign information but do not enhance collective wisdom?
Paul Smaldino & C. Thi Nguyen on Problems With Value Metrics & Governance at Scale
COMPLEXITY: Physics of Life
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