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Serial Innovators: A book review by Bob Morris

First Friday Book Synopsis

Serial Innovators: Firms That Change the World Claudio Feser John Wiley & Sons (2012) How and why continuous innovation and adaptation can help an organization “live” longer What we have here is a “hybrid” narrative that develops on two separate but interdependent levels: a fictional account that focuses on Carl Berger (CEO of American Health [.]. (..)

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The F-35 and the Tradeoff Fallacy

Harvard Business Review

First developed by Danny Kahneman and Amos Tversky in 1979, the planning fallacy simply states that people will consistently underestimate how long a task will take even when they have experience with similar tasks taking longer than expected. Then there's the testing. This is a terrific example the planning fallacy at work.

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The Business Lessons of the Belmont Stakes

Harvard Business Review

I'll Have Another will try to enter the pantheon of horseracing by winning the Belmont Stakes , the final leg of the Triple Crown, on Saturday night (June 9, 2012). Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky.

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The End of Economists' Imperialism

Harvard Business Review

Two years later, in 2002, the co-leader of that invasion, Princeton psychology professor Daniel Kahneman, won an economics Nobel (the other co-leader, Amos Tversky, had died in 1996). Lazear acknowledged one such indicator in his article — the invasion of economics by psychological teachings about cognitive bias.

Tversky 12
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The Business Lessons of the Belmont Stakes

Harvard Business Review

I'll Have Another will try to enter the pantheon of horseracing by winning the Belmont Stakes , the final leg of the Triple Crown, on Saturday night (June 9, 2012). Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky.

Beyer 10
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The Science of What We Do (and Don't) Know About Data Visualization

Harvard Business Review

This was shown in a research paper that Justin Talbot, John Gerth, and Pat Hanrahan published in October 2012 at the annual VisWeek conference. Barbara Tversky and Jeff Zacks found in the early 2000s that lines imply transitions whereas bars imply individual values.