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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

A probabilistic HR manager will examine the data about where a company’s best people come from and how they perform throughout their career to identify new sources of talent that may have been overlooked. Let’s consider a few examples. Probabilistic risk managers will think about the future of how they work.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Why did Jean Tirole win the Nobel Prize in Economics?

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Why did Jean Tirole win the Nobel Prize in Economics?