This is gold. An interesting and unconventional perspective on the common tropes and processes that occupy management science and drive tech. strategy at corporations. The misconception about planning ahead is in line with Talebs notion of becoming anti-fragile rather than becoming robust, ie getting stronger with change (change not being directly predictable).
“Within a big pharma we’re giving a twelve hour review process in which if no one objects, you’re authorized to do it…” sounds a lot like Command by Negation which is something the Navy has been doing for multiple decades. It goes hand-in-hand with the Marines preferred Mission Command.
This is gold. An interesting and unconventional perspective on the common tropes and processes that occupy management science and drive tech. strategy at corporations.
The misconception about planning ahead is in line with Talebs notion of becoming anti-fragile rather than becoming robust, ie getting stronger with change (change not being directly predictable).
“Within a big pharma we’re giving a twelve hour review process in which if no one objects, you’re authorized to do it…” sounds a lot like Command by Negation which is something the Navy has been doing for multiple decades. It goes hand-in-hand with the Marines preferred Mission Command.
Why the bust on Kahneman?