#82 - A Framework for Analysts to Challenge Biases and Expand Perspectives

#82 - A Framework for Analysts to Challenge Biases and Expand Perspectives

Words of Gratitude        
Editors Note by Lisema Matsietsi

The Unimaginable Model is a powerful framework that allows analysts to challenge their biases and broaden their perspectives. Why? It categorises beliefs and assumptions into four distinct quadrants—Imaginable and Provable, Unimaginable but Provable, Unimaginable and Unprovable, and Imaginable but Unprovable. This framework helps analysts uncover new insights and ensures that their recommendations are well-balanced and well-founded. As analysts, it's important to question our deeply held beliefs and assumptions and maintain a mindset open to both data-driven and imaginative approaches. By using the Unimaginable Model, we can navigate the complexities of analysis more effectively, leading to more informed and innovative decisions. Let us meet again this coming Monday for another Weekly Analyst edition. Stay blessed

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If you are looking forward to an analyst community engagement, the analyst mentoring programme application is open. Use the below link to apply: 2024 COHORT 2 ANALYST MENTORSHIP PROGRAMME (google.com). Let us meet again this coming Thursday for another exciting newsletter. Stay blessed


The Unimaginable Model: A Framework for Analysts to Challenge Biases and Expand Perspectives

Are you thinking about a Framework for Analysts to Challenge Biases and Expand Perspectives? As analysts, our beliefs and biases significantly shape our recommendations and insights. Often, we unconsciously lean towards familiar metrics and frameworks, potentially limiting our ability to provide balanced views. The Unimaginable Model is a simple yet powerful tool to help us identify and challenge these biases. We can uncover new insights and make more informed decisions by categorising our beliefs and assumptions into four quadrants based on their imaginability and probability... Read More

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Q&A - How to Start Being An Analyst

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How to Use AI to Assess Your Competition

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When starting to use AI tools for researching your competitors, Dohmen suggests a few helpful tips to get the best results. Quickly identify broad trends and then spend more time digging deeper. Dohmen noted that generative AI platforms can be helpful for a preliminary "industry scan" of major players, as well as for understanding the general head and tailwinds your industry is facing. From there, he said, you can invest more time in researching and delving deeper into the context of those broad trends. Take a "safety first" approach. As AI technologies and the regulations surrounding them continue to evolve, Dohmen advised businesses to comply with internal and client policies around the use of tools like ChatGPT. Additionally, he recommends a "safety first" approach and not sharing any privileged or nonpublic information. Verify your results. Don't take AI results at face value; Dohmen said results should be verified before using them to make decisions. "We view the content and insights that we get [from AI] as a starting point to be refined by seasoned professionals," he said... Read More

Data Analytics is Shaping the Future of Banking

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Banks invest in data analytics and AI technologies to enhance customer experience. Read more at: https://cio.economictimes.indiatimes.com/news/big-data/data-analytics-is-shaping-the-future-of-banking/110300897



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Click To Listen on Spotify

In this episode, we dive into the art of data storytelling and explore how asking the right questions can transform your data into compelling narratives. Join us as we discuss the key elements of effective data storytelling, including the importance of a solid data foundation, having a clear main point, and focusing on explanatory insights.

We'll also cover the significance of presenting data in a linear sequence, incorporating dramatic elements, and using visual anchors to enhance understanding. Additionally, you'll learn practical tips on how to ask impactful questions that lead to better insights and clearer understanding.

Whether you're a seasoned analyst or just starting out, this episode will provide you with valuable insights and strategies to elevate your data storytelling skills. Tune in to discover how to craft stories that not only inform but also engage and inspire your audience.


How to Achieve More by Thinking Like a Venture Capitalist

When choosing a date, a job, or how to invest, most people are looking for a reason to move forward. However, Professor Ilya Strebulaev suggests we should be looking for a reason to bail. Strebulaev explains that the smartest venture capitalists ask a different question from most of us. Instead of asking “Why should we invest?”, venture capitalists approach every new opportunity with the question: Why should we not proceed? This contrarian mindset is at the heart of Strebulaev's new book, "The Venture Mindset," which reveals how the strategies of top VCs can help anyone make sharper decisions. In an episode of "Think Fast, Talk Smart," Strebulaev joins host Matt Abrahams to discuss how the venture mindset can help anyone — investor or not — weigh alternatives, make decisions, and move forward without looking back.


The Limits of Data

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We should not stop using data-based methods, but we must be mindful of their limitations. These methods, characterised by decontextualisation, standardisation, and impersonality, are essential for handling large datasets. However, they inherently favour low-context information and are influenced by the interests behind their standardisation. Policymakers and data users should always question the origins and biases of the data: who collected it, who categorised it, and whose interests it serves. Data is often perceived as neutral, but it’s shaped by subjective decisions and political compromises. To address these limitations, we should balance data-driven approaches with qualitative methods and insights from local experts. This combination helps counteract the biases inherent in any single methodology, providing a more comprehensive understanding... Read More


Have You Read The Latest CFO South Africa Magazine?

Vodacom Group CFO Raisibe Morathi shares her award-winning recipe for being an exemplary CFO with managing editor Caylynne Fourie, after winning the 2023 CFO of the Year Award, revealing the “data” behind a good strategy, a good team and a good leader... Download


Do You Know How to a Strategy For Your Business?

We are delving into the essential topic of developing a winning strategy for your business. Crafting a strategic plan is crucial for long-term success, and I'm thrilled to share my exclusive 10-step strategy blueprint with you. From defining your purpose and strategic problems to conducting thorough market research and evaluating strategic options, each step is carefully designed to guide you towards strategic clarity and actionable insights. By implementing this system in your business, you will not only drive higher profits but also position yourself for sustained success in a competitive market landscape. Join this episode as we uncover the secrets to strategic excellence and pave the way for your business's future growth and prosperity. Tune in and embark on your journey to strategic mastery today!


Are you Virtually Impaired (Blind) or Know Someone Who Is? Would Assistive Technology (AI) Assist them Run on The Street?

Dotlumen is illuminating a new technology to help people with visual impairments navigate the world. In this episode of NVIDIA’s AI Podcast, recorded live at the NVIDIA GTC global AI conference, host Noah Kravitz spoke with the Romanian startup’s founder and CEO, Cornel Amariei, about developing its flagship Dotlumen Glasses. Dotlumen is a member of the NVIDIA Inception program for cutting-edge startups. Equipped with sensors and powered by AI, the glasses compute a safely walkable path for visually impaired individuals and offer haptic — or tactile — feedback on how to proceed via corresponding vibrations. Amariei further discusses the process and challenges of developing assistive technology and its potential for enhancing accessibility. Stay tuned for more episodes recorded live from GTC.


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Ryan H. Vaughn

Exited founder turned CEO-coach | Helping founders scale their companies without sacrificing themselves.

6 个月

Intriguing framework for broadening analytical thinking. Practical application examples?

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