Recent Activity

  • asmythie shared from Screw Business As Usual by Richard Branson
    Kelly graciously said she really appreciated my questioning. It made her feel that I was taking her work seriously.
    Note: if i don't ask hard questions, it probably means i don't care
  • asmythie shared from Screw Business As Usual by Richard Branson
    ‘My appeal is that before we rush ahead to modernize and urbanize our world, armed with technology and capital, we must pause and look more closely at the economic and social structures that are collapsing, or are being dismantled in the name of development. Urbanization is not development. Technology, if it creates imbalances, is not a solution.
    Note: a quote every entrepreneuer should read
  • asmythie shared from Screw Business As Usual by Richard Branson
    As I grew older it seemed that I wasn’t making a big enough difference, particularly given my own incredible good fortune. I went from feeling content that things were going well in my life and in business, and satisfied that in many ways I was contributing to society, to realising that I hadn’t even begun to scratch the surface of what needed to be done to help ensure the survival of the planet and life as we know it.
  • asmythie shared from Screw Business As Usual by Richard Branson
    while business has been a great vehicle for growth in the world, neither Virgin nor many other businesses have been doing anywhere near enough to stop the downward spiral we all find ourselves in; and that in many cases, as demonstrated by the recent financial crises in the world, we have actually been causing that spiral to turn ever faster. We are all part of the problem: we waste, we squander and, to put it bluntly, we screw up. Natural resources are being exhausted faster than they can be replenished. In fact, not to put too fine a point on it, many natural resources - such as oil, forests...
    Note: more great wisdom from @richardbranson
  • asmythie shared from Screw Business As Usual by Richard Branson
    Writing a cheque might impact hundreds of people’s lives; mobilising your whole business to drive change can impact millions of lives, and give a whole new life purpose to all the people who work in your company.
    Note: great thought from @richardbranson
  • asmythie shared from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do by Kaiser Fung
    Not only is causation unnecessary for this type of decision, but it is also unattainable. No physical or biological laws govern human behavior exactly. Humans by nature are moody, petulant, haphazard, and adaptive. Statisticians build models to get close to the truth but admit that no system can be perfect, not even causal models.
    Note: modeling human behavior
  • asmythie shared from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do by Kaiser Fung
    That was not the optimal engineering solution, obviously, but what the people wanted was what they got. Cutler continued, “There’s a tolerance limit people have for waiting at ramp meters. That public perception has to be taken into account by government. You can’t make decisions simply on engineering and planning principles.”
    Note: need to compromise on optimal engineering solutions
  • asmythie shared from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do by Kaiser Fung
    “In general, people don’t like to wait for anything. They don’t like to wait for a bus; they don’t like to be on hold on the telephone. They tend to feel trapped and experience a lack of choice and control.” In other words, despite the reality that commuters shortened their journeys if they waited their turns at the ramps, the drivers did not perceive the trade-off to be beneficial; they insisted that they would rather be moving slowly on the freeway than coming to a standstill at the ramp.
    Note: perception trumps reality
  • asmythie shared from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do by Kaiser Fung
    A body of scholarly research supports the view that crowd control is much more than a mathematical problem or an engineering puzzle; it has a human, psychological, touchy-feely dimension. A key tenet of this research—that perceived waiting time does not equal actual waiting time—has been demonstrated in multiple studies.
    Note: psychology matters a lot in product design
  • asmythie shared from Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do by Kaiser Fung
    The highbrow journal has rarely created buzz on the Internet, but this article beat the odds, thanks to Netizens who scrapped Fallows’s original title (“The $1.4 Trillion Question”) and renamed the article “Average American Owes Average Chinese $4,000.” In three months, Internet readers rewarded the piece with more than 1,600 “diggs,” or positive responses, which is the high-tech way of singing praise. Evidently, the new headline caught fire. Our brains cannot comfortably process astronomical numbers such as $1.4 trillion, but we can handle $4,000 per person with ease. Simply put,...
    Note: back when digg mattered
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