Bra Sizing As Case Study For Questioning Statistics Effectively
Posted on20 Jan 2020
Comments2
Bras are the most complex everyday garment to make. While other garments might have five to ten components, bras have about sixty.... Read More
Importance Of Correlation In Business Decision Making Process
Posted on05 Feb 2018
Tagscomplexity, decision-making process, decisions, Harvard Business Review, quantify, uncertainty, volatility, ambiguity, Nathan Bennett, G. James Lemoine, correlation
Comments0
The importance of correlation in business decision making shows up in two main ways. First, people overweight factors. Second, they underweight them.... Read More
Five Point Scales Misleading You On Predicting Consumer Behaviors?
Five point scales show up everywhere. They often mislead people though. It’s especially true when people use them to make predictions. Predicting... Read More
Conscientiousness Personality Trait Detailed and Perfected
The conscientiousness personality trait of the Big Five deals with one’s self discipline. To some it’s the degree to which one can... Read More
The Four Horsemen of Apocalyptic Decision Making
Posted on25 Aug 2014
Tagscertainty, complexity, definitions, Harvard Business Review, quantify, rationale, uncertainty, urgency, Why Problems Occur Series, emotional triggers, silver bullet, volatility, ambiguity, VUCA, Nathan Bennett, G. James Lemoine, Four Horsemen, Apocalyptic Decision Making Series
Comments4
The four horsemen of apocalyptic decision making are Volatility, Uncertainty, Complexity and Ambiguity or VUCA for short. Just as customers do when... Read More
Board War Games Superior to High-tech Simulations
Posted on10 Apr 2014
Tagsalternatives, complexity, computer simulations, computers, creativity, decision-making process, low-tech, military, quantify, rules, The Economist, think outside the box, The Matrix
Comments1
Computer games have all but wiped out regular board games. Why then, do American military officials rely more on board games to... Read More
Leadership, The Secret (Pt 7): Experts, Research & Beauty Contests
Leadership’s subjectivity and its unproven scientific status tempts us to rely heavily upon experts and their research to tell us what good... Read More
Increasing Value, Power of Stories
Posted on12 Sep 2013
Tagsbranding, food, perception, power, quantify, restaurant, storytelling, The Atlantic, values, alcohol, Bloomberg Businessweek, Graeme Wood, Antiques Roadshow, David Sax, Paul Pax, anthropology
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When you go to your next party in which people bring food, alcohol or other contributions, listen for their stories around how... Read More
Wildfires, Computer Models and Sophisticated GIGO
Posted on03 Jan 2013
Tagsanchoring, computer simulations, computers, confession, experience, history, Influence, quantify, The Atlantic, Velten Mood Induction Procedure, Michael Behar, wildfires
Comments0
Early on, I learned about GIGO, Garbage In Garbage Out. Translated, if you don’t input good data into the computer don’t expect... Read More
Creative Innovation (Pt 13): Overcoming Biases
One of the points Giovanni Gavetti makes in “The New Psychology of Strategic Leadership” (Harvard Business Review, July-August 2011 edition) about associative... Read More
