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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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How To Remove Biases From Algorithms

The Horizons Tracker

As Daniel Kahneman illustrates in Noise , AI-based systems can be effective in reducing the variability in decision making, but they nonetheless suffer from the biases introduced by the quality of the data used to train the algorithms. Fair systems. Train then mask.

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How Can We Rid Biases From Facial Recognition?

The Horizons Tracker

As Daniel Kahneman explains in Thinking Fast and Slow , we often make snap judgments when we first meet people, with these judgments driven in large part by the various biases and heuristics that allow us to shortcut our decision-making. The post How Can We Rid Biases From Facial Recognition? first appeared on The Horizons Tracker.

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The Surprising Power of Business Experiments

Skip Prichard

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. Put in place systems, resources, and organizational designs that allow for large-scale experimentation. By early 2017, about 2.2

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The Persistence of the Innovator's Dilemma

Harvard Business Review

The most punishing innovations, they argued, were the ones that were easy to dismiss at first blush — simple, affordable solutions that took root outside the mainstream market. Academic journals have dissected the disruptive innovation theory and hundreds of thousands of students around the world have seen Christensen's famous model.

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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). ineffective innovation strategies. 5 Principles for Innovation in Emerging Markets. failure to fully embed operations in China. Related Video.

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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?