67. Alex Edmans - Lies in the boardroom: the stories, studies and statistics that mislead boards
Enter the Boardroom with Nurole
Navigating the Ladder of Misinference in the Boardroom
Exploring the pitfalls in decision-making among boards, this chapter dissects the ladder of misinference step by step, emphasizing the distinction between data and evidence while stressing the impact of unchecked assumptions in boardrooms. It highlights the necessity of blending individual experiences with broader research data, advocating for a blend of curiosity, statistical literacy, and challenging norms to enhance board effectiveness.
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