Finish Strong Friday Song and Thoughts, January 19, 2023
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Finish Strong Friday Song and Thoughts, January 19, 2023

Dear Colleagues and Friends: Email Issue #?236 Part 2 Data

From the work of Tricia Wang

Organizations misunderstand, throw out, or incorrectly apply data; this is not the data's fault.?

Data's reputation for success comes from quantifying specific environments in systems that are more or less contained, like electric power grids, delivery logistics, or genetic code. But not all systems are neatly contained. When examining data, especially those involving human beings, the systems are more dynamic, and forces are complex and unpredictable. These are things we don't measure so well. Once you predict something about human behavior, new factors emerge because conditions are constantly changing.?

Relying on data alone increases the chance that we will miss something while giving us the illusion that we know everything. This 'quantification-bias’ is the unconscious belief of valuing the measurable over the immeasurable. There is no greater risk than being blind to the unknown. It can cause you to make the wrong decisions. It can cause you to miss something significant.

Sincerely, Bob

Turn up the volume, and click on the link!?? Finish?Strong?Friday?Song! You may not be able to listen to this only one time. https://www.youtube.com/watch?v=oDJpSR1IqaM

Courtesy of TCEA?@?https://twitter.com/TCEAFull Article?https://t.co/d6DrzsdHDO


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