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"There is no inherent value in any piece of data because all information is meaningless in itself. Why? Because information doesn’t tell you what to do."
Our brains like to fill up incomplete information based on our prejudice and confirmation bias.
As all data is inherently incomplete, we use our minds to fill the missing information, ...
The way Data is presented to us triggers our bias and assumptions, blocking our options, and making us less creative.
Our judgment is clouded due to the data, so we come up with sub-pa...
Our perception, creativity, and assumptions drive the outcome of the results from any given data.
Data by itself may be meaningless, but if we use it with our creativity we can harness it ...
Inclusive and holistic thinking is a hallmark of human beings, something that machines cannot accomplish yet, as they cannot process information beyond the data available.
Diversity and in...
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We often overestimate the likelihood of events that must happen in conjunction with one another.
We are optimistic in our estimation of the cost and schedule and surprised when somethi...
A plan is like a system. A change in one component of a system will likely impact the functionality of other parts of the system.
The more steps involved in a plan, the higher the chance that something will go wrong and cause delays and setbacks. For this reason, home remodeling and new product ventures seldom finish on time.
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We surround ourselves with it: We tend to like people who think like us; if we agree with someone's beliefs, we're more likely to be friends with them.
This makes sense, but it means ...
It's a thinking mistake and it occurs when we confuse selection factors with results.
Professional swimmers don't have perfect bodies because they train extensively. Rather, they are good swimmers because of their physiques.
It plays on this tendency of ours to emphasize loss over gain.
The term sunk cost refers to any cost that has been paid already and cannot be recovered. The reason we can't ignore the cost, even though it's already been paid, is that we're wired to feel loss far more strongly than gain.
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Creativity is about problem-solving. And creativity is also about finding problems to solve in the first place: perceiving them, defining them, explaining them, and recordin...
This technique requires 2 steps:
This is the ability to reach beyond a specific field of expertise and create new uses for an older thing. It’s about taking one thing and using it for a different purpose than intended.
For example: Apply a cooking recipe to a marketing strategy or use a spreadsheet program to organize words for your poetry.
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