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Algorithms Make Better Predictions — Except When They Don’t

Harvard Business Review

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. Perilous, because bad data and hidden false assumptions can seriously mislead. So what should managers, especially leaders, do?

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Algorithms Make Better Predictions — Except When They Don’t

Harvard Business Review

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. Perilous, because bad data and hidden false assumptions can seriously mislead. So what should managers, especially leaders, do?

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With New York Schools Appointment, Bloomberg Did it His Way

Harvard Business Review

The other challenge is the amount of tacit knowledge involved in improving the performance of large systems — insight and understanding not easily captured or conveyed by numbers, formulas, or recipes. By definition, tacit knowledge comes with time — so outsiders must approach organizations with humility.

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Even in a Digital World, Globalization Is Not Inevitable

Harvard Business Review

globalization is seen as a political hot potato rather than a hot ticket to prosperity. Think of tacit knowledge, which John Hagel III and John Seely Brown, who have thought deeply about information flows, argue is increasing rather than decreasing in value. We are so connected today, and coming to Davos is reaffirming that.”

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Why Staff Turnover in the White House Is Such a Bad Thing — Especially For President Trump

Harvard Business Review

The members of high performance teams have a high level of tacit knowledge about one another — in other words, they understand each other on a personal level that stretches far beyond knowledge of each other’s resumes. Trust and understanding can only build over time.