When it comes to decision making ‘Bias’ can be friend or foe

McKinsey’s interview with Richard Thaler on ‘debiasing the corporation’ is a really good one. I’ve spent the best part of two decades trying to help organisations unpack their biases through the use of foresight. I recommend this article to you

 

Nobel Laureate Richard Thaler offers some great insights as to how to make more effective decisions by tackling your in herent biases – a good read via McKinsey

Waving Goodbye to Wedgewood’s Factory in HR

Mar 6, 2021

I was doing it well before then and there’s clips of me online going back as far as 2010 or so, railing against the idea of human resources as a label and the insistence by HR managers or CEOs that only people who work ‘in the office’ are going to be productive. It Is A…

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Why the Future of Vertical Farming is Two Decades Ahead of Expectations

Feb 2, 2021

Like lab grown meats, Vertical Farming is going to be part of the future of food. For now it might be best to compare them to small scale battery storage on the electrical grid that can help balance out spikes of demand in the system and provide an output directly where needed.   Eventually (like…

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A Shift in Perspectives – What Commercial Property Owners Are About to Experience that Many have Never Before

Jan 27, 2021

In rental and lease markets it’s fair to say that for the best part of three decades, the landlords have been the price setters. The rules around negative gearing in domestic supply enable sizeable portfolios. Demand in office spaces in central suburbs has been consistently tight. And now, finally, CFO’s have become aware of the…

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PPE Opportunities for Australian Manufacturers Emerging in the USA

Nov 28, 2020

With Australia having just about wrestled Covid19 to the ground (NSW remains a bit of an issue) there’s now surging demand for PPE in the USA. The Covid19 virus is tracking toward an exponential increase and PPE Manufacturers should start looking for supply opportunities Sadly in the USA over the past week, they are adding…

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The Mechanical, Psychological, and Biological Interventions of a Pandemic

Oct 19, 2020

The Mechanical, Psychological, and Biological Interventions of a Pandemic With Johnson and Johnson also pausing it’s #Covid19 #vaccine trial, it is becoming clearer to more of the public, that the long steady path to a vaccine is not something that can be rushed for anyone’s political agenda or preferred view of the world. We’re learning…

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Life Versus Lifestyle – Approaching Life AfterLockdown

Oct 12, 2020

It seems that one way or another, Victoria is going to pop out of #Lockdown. Probably not in the way we would have hoped. And so for everyone pushing for #AfterLockdown in Victoria and for the wider society, there are two questions you must confront: One – ‘What do you feel is an acceptable level…

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The art of sanity in a Pandemic Lockdown

Aug 29, 2020

No, it’s not easy. Most of the challenges come down to our expectations – are they valid based on the assumptions you have made about your future? Those assumptions are based on the information you have available to you. We gather information, make an assessment of meaning, which leads us to make assumptions for an…

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Covid19 – Helping People Deal With Lock-down Events

Jul 3, 2020

A thought on the ‘Why should I be in lock-down in my suburb, it’s not fair that we have to do it and no one else has to, my hair’s a mess I need to sell coffees and pizza’ crowd – an explanation you might appreciate   You’ve been asked to go back into lock-down…

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What Makes Good Visions?

May 4, 2020

Visions are forward looking statement, but good ones, REALLY good ones have key elements 1. They are things you want but do NOT have 2. Are as long or as short as they need to be 3. Are by the people they are for 4. Are for the people they are by 5.Offer stability in…

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State Governments Dodging Responsibility or Just Not Alert to Reality?

Apr 19, 2020

If there’s one thing that the #CaronaVirus has shown us loud and clear it is that we are reliant on the people AT THE CONTACT FACE to carry us through. For Individuals, it is those in Healthcare we rely on. For Populations, it is those in food creation and delivery and sanitation we rely on.…

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