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Serendipity and a Serving of Humble Pie

Lead Change Blog

Sitting there, reading the word’s definition, a viewpoint or system of ideas based on insufficiently examined premises , my reaction to the speaker’s words about scheduling serendipity leapt into mind. However, making time available to reflect and imagine increases the odds of creativity and innovation occurring.

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The Surprising Power of Business Experiments

Skip Prichard

If you want to learn how to develop an experimentation organization, read on. Daniel Kahneman. The behavioral economist Daniel Kahneman once noted that “if you follow your intuition, you will more often than not err by misclassifying a random event as systematic. I enjoyed my discussion about all things experimentation. “If

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Why Western Digital Firms Have Failed in China

Harvard Business Review

Google, for example, has succeeded in dominating many foreign markets that have radically different political systems and cultures (including Indonesia, Thailand, and Saudi Arabia). imposing technological platforms developed for the U.S. failure to develop and communicate business strategies effectively. market on China.

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Instinct Can Beat Analytical Thinking

Harvard Business Review

This popular triumph of the “ heuristics and biases ” literature pioneered by psychologists Daniel Kahneman and Amos Tversky has made us aware of flaws that economics long glossed over, and led to interesting innovations in retirement planning and government policy. What is system one and system two?

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An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow , observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. Innovation National competitiveness Education Healthcare Pharmaceuticals North America'

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Why Those Guys Won the Economics Nobels

Harvard Business Review

Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Back in the ‘60s, people developed the capital asset pricing model [CAPM] as a way to do that. It feels like it’s got a little bit of Kahneman and Tversky in it. You’re going to have to take a worst reasonable case. Absolutely.

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