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When Making Business Choices, Assume Like A Poker Player
Consequence thinking undermines the data-driven decision-making culture that is necessary for digital transformation. We all know examples of consequence considering: hiring the hotshot CEO who turns out to be a tyrant in the office or selecting a promising-trying vacation property on Airbnb that’s infested with mice. The uproar surrounding the head coach’s decision is an example of what Duke calls "outcome considering," or the assumption that a decision that results in a destructive consequence is, by definition, a foul choice. Pete Carroll must eternally live with the results of a great decision gone bad. "Pete Carroll botches the Tremendous Bowl," wrote ESPN. However to practically everyone’s astonishment, Carroll referred to as for quarterback Russell Wilson to pass. The throw was picked off by Patriots’ cornerback Malcolm Butler, who fell on the ball, enabling New England to run out the clock for a gorgeous and unlikely win. When such bets don’t pan out, click we tend to blame the board of directors who hired the govt or the booking agency that we’ll by no means do business with again.
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