Word: explaination
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...component, what people can control, and the luck component - wind to their back or wind to their face. For companies, there are some outliers - some do better or worse for longer - but it's not a large number of companies and we don't understand why. Random processes can explain an enormous amount of what we see in the real world. This idea of a best team, you should always be circumspect about that...
...like any other group of people, are prone to make mistakes that stem from faulty approaches to decision-making. In Think Twice: Harnessing the Power of Counterintuition, Mauboussin - also an adjunct professor of finance at Columbia Business School - pulls from fields such as psychology, statistics and complexity science to explain how we might do better. TIME's Barbara Kiviat spoke with...
...Anders Fogh Rasmussen, who supports Obama's call for more European troops in Afghanistan, says it's important to tell the "true stories of what's going on. Both the setbacks and the achievements." As Prime Minister of Denmark until last April, Rasmussen went out of his way to explain the reasons Danish troops were in Afghanistan. As a consequence, he says, support for the mission has held up better in Denmark than elsewhere. The British might learn a lesson from that. Gordon Brown has frequently tried to explain the Afghanistan mission. But David Davis, a prominent opposition...
Coburn, Senator Tom • Values Voters Summit is told by chief of staff for that pre-teen boys hate homosexuals more than anyone else does, and that "all pornography is homosexual pornography," so if you explain that to them they won't want to read Playboy, and - oh, just read it for yourself...
...Iranian leaders," tough new sanctions would be applied. Brown called the new development the greatest challenge facing the international community. But Germany, which has recently shown reticence to expand sanctions without approval from the entire European Union, was inexplicably absent from the event. Obama was left to explain that Chancellor Angela Merkel had a more pressing engagement. More important, after hinting in recent days that Russia might be willing to support broader sanctions against Iran, Russian President Dmitri Medvedev was absent from the rostrum, as was Chinese leader Hu Jintao. Both men are present in Pittsburgh...