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The Surprising Power of Business Experiments

Skip Prichard

Daniel Kahneman. And, as anyone who closely follows simulation and prototyping tools knows, their use has become pervasive in manufacturing businesses, even though companies still grapple with the integration and management issues I wrote about in 2003. We are too willing to reject the belief that much of what we see in life is random.”

Power 94
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The Hidden Indicators of a Failing Project

Harvard Business Review

Daniel Kahneman, in his book Thinking Fast and Slow , recounts a bit of a planning pickle he and his Israeli Ministry of Education colleagues encountered when estimating how long it would take to complete a high school textbook on judgment and decision making. Too many projects measure success based on two metrics: time and budget.

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Life is Luck — Here’s How to Plan a Career Around It

Harvard Business Review

Daniel Kahneman has claimed the following as his favorite equation: Success = talent + luck. Kahneman’s implication is that the difference between moderate and great success is mostly luck, not skill. If minimizing the chance of an unacceptable outcome is our goal, what should we look for, when career decisions loom?

Career 8
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3 Ways to Make Less Biased Decisions

Harvard Business Review

Similar trends have been identified in virtually every aspect of the talent management system. It not only results in lack of equity in organizations, but in poor talent management practices. Another place to encourage accountability is in diversity metrics. ” “Does it remind you of somebody you know?