In January 2022, I started the Communication Genius course from one of the best public speaking coaches. Lesson 2 is full of simple but efficient instructions how to communicate quickly in a stressful situation (ELEVATOR PITCH). There are tips what to say and there are also some things which are better not to use in a quick conversation.
In January 2022, I started the Communication Genius course from one of the best public speaking coaches - to be a bit less toxic and more efficient 🙂
Lesson 1 discovers:
Interesting to learn how your mind makes judgments. Two types of judgments: predictive and evaluative. How to measure errors from bias and noise. How to measure the cost of noise. And how to deal with catastrophic consequences.
Drilling down the noise to three components: system noise, level noise, and pattern noise. How to measure (and compensate) the noises. Occasional noise as a part of pattern noise. How to compensate occasional noise: wisdom-of-crowds effect, crowd-within-the-one effect, second answer effect, and dialectical bootstrapping tool.
How the group work influences the noise. Informational cascade and social pressure cascade. How to deal with them. The effect of group polarization.
Do you realize how seriously your organization is affected by bad decisions? There are two types of errors in human judgments: Bias and Noise. Bias is a very widely recognized problem, and you definitely heard about it. Noise is not so widely recognized. Yet, it affects MANY decisions in ALL the industries.
There is a huge Noise in government decisions. There is a huge Noise in commercial companies.
Noise can be made visible and can be reduced. It is harder to measure the noise in unique singular decisions, but it is still there and it still can be reduced.
CBINSIGHTS has published this year interesting research The Top 12 Reasons Startups Fail
They analyzed 110+ startup failure post-mortems and defined top 12 root causes.
I think it’s worth knowing reasons and their prior probabilities.
