Estimations
Octavian Graf Pilati
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Octavian Graf Pilati
The Antifragile Family?: Build a muscle to thrive for generations.
How much trust do you put in your estimates?
How much information do you have at your disposal?
Are you maybe guessing even?
Is it a hunch?
Guesses and estimates are similar to gambling. Don't get too attached to your estimates and guesses. Be prepared to be wrong.
Estimates and guesses help to get momentum. Be prepared to change direction.
#familybusiness #estimations #dailythoughts
The brain is a prediction unit that is active alll the time, it also evaluates outcomes and corrects predictions. Critical thinking, reflection and intuition are very powerful tools to improve prediction quality and this can be learned. Finally, we need to accept that we are still move in a space of uncertainty and agility wins over any prediction method.