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A Tough Lesson about Incentives
I found this line very interesting in a recent conversation with Dominic Cummings when he related his experience of working in Russia: “I also learned about incentives a lot. So everything I had to do with the airline was a total fiasco. And one of the things I figured I learned was — I, like […]
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A Lasting Quality
“If you want to preserve a building, you will try to make it in materials which last and last forever. You will try to make sure that this creation can be preserved intact, in just its present state, forever. Canvas must be ruled out because it has to be replaced; tiles must be so hard […]
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Types of Freedom
We’ve often talked about freedom – freedom is when you are able to do the things you want to do. Having options and having choices. I heard about another type of freedom. A female comedian interviewed in the radio recently was asked what freedom meant to her and she said it was being able to […]
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Antifragile Metrics
For some time I’ve been thinking about metrics for antifragility. I first came across Troy Magennis’s framework: the ‘Six Dimensions of Team Performance” (perhaps worth reading first) and remember thinking at the time that his framework was fairly close to describing an antifragile system already. I thought I’d have a go at modifying it and […]
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The Meaning of Risk
If you think about the word ‘risk’ – what comes to mind? Throughout history, ‘risk’ has had slightly different connotations. Tracing the etymology, Michele Wucker provides a few clues into its various meanings, which could be summarized as: When I think about commercial settings, and the context in which risks are usually discussed, I think […]
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