Tov Are Jacobsen

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Remembrance of Ea...
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Book cover for On Platforms and Ecosystems (HBR's 10 Must Reads)
Platforms create value by facilitating interactions between external producers and consumers. Because of this external orientation, they often shed even variable costs of production. The emphasis shifts from dictating processes to ...more
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“How is it possible that our departmental silos are operating with agility, but our companies are hopelessly rigid and slow?”
Jeff Gothelf, Lean UX: Applying Lean Principles to Improve User Experience

“We found that suppliers of nonstrategic products and services don’t fully appreciate this purchasing task. So when they try to land a deal, they make two common mistakes. THEY FOCUS DOGGEDLY ON THEIR OFFERINGS’ DISTINCTIVE FEATURES EVEN WHEN CUSTOMERS DON’T WANT OR NEED THEM. The hope is that features that go beyond the specifications will win over the customer and get him or her to pay a premium. But trying to persuade a skeptical customer that such extras will add value is no easy task,”
Anonymous

Douglas Adams
“and then I decided I was a lemon for a couple of weeks.”
Douglas Adams, Life, the Universe and Everything

“Aristotle observed, pure logic won’t suffice on its own because some links in the chain are missing or uncertain. But he offered the advice that “we should also base our arguments upon probabilities as well as upon certainties,” 2 and this could still constitute an appeal to good reason, since “the true and the approximately true are apprehended by the same faculty; it may also be noted that men have a sufficient natural instinct for what is true, and usually do arrive at the truth. Hence the man who makes a good guess at truth is likely to make a good guess at probabilities.” 3”
Aubrey Clayton, Bernoulli's Fallacy: Statistical Illogic and the Crisis of Modern Science

“People who got a zero on a test thought they’d answered seven of 10 questions correctly. In an online logic test given to volunteers, the lowest scorers vastly overestimated their ability: Respondents who had answered zero of 10 questions correctly believed they had gotten 7 right, on average. According to Thomas Schlösser, of the University of Cologne, and David Dunning, of Cornell, people who lack the skills to perform well also tend to lack the ability to judge performance, their own included. But this isn’t set in stone: Teaching poor achievers logical reasoning helps them recognize their own errors and assess their skills.”
Anonymous

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