In 'Bad Blood', John Carreyrou chronicles the story of Theranos, a biotech startup founded by Elizabeth Holmes that claimed to have developed a revolutionary blood-testing technology. However, the technology did not work, and the company's success was built on deceit, intimidation, and manipulation. The book is based on extensive interviews with former employees and other individuals involved in the scandal, revealing the toxic company culture, the misuse of investor funds, and the risks posed to patients due to inaccurate blood test results. Carreyrou's investigation led to the exposure of Theranos's fraud, resulting in significant legal and financial consequences for the company and its leaders.
In this book, Tetlock and Gardner present the results of the Good Judgment Project, a massive forecasting tournament that identified a small group of 'superforecasters' who are exceptionally good at predicting future events. The authors explain that good forecasting does not require powerful computers or arcane methods but involves gathering evidence from various sources, thinking probabilistically, working in teams, keeping score, and being willing to admit error and change course. The book uses stories of forecasting successes and failures, as well as interviews with high-level decision makers, to illustrate these principles and demonstrate how anyone can improve their forecasting abilities[3][4][5].
Amy C. Edmondson is a Professor of Leadership & Management at Harvard Business School. Ranked #1 management thinker in the world by Thinkers50, Amy has written seven books, including Right Kind of Wrong and the fearless organization. Tune in to hear her thoughts on: What is psychological safety and why does it matter for board members? (1:44) Can we overcome our fear of what others think of us, even if we’re aware of it? (4:02) Isn’t psychological safety just a grandiose term for inclusion? (5:12) As board members, what should we be looking at to assess our organisation’s psychological safety? (7:24) Are there predictable events that trigger drops in psychological safety? (10:16) How can organisations mitigate the impact of remote work on psychological safety? (13:10) How can boards increase the quality of their conversations through psychological safety? (14:14) Can you talk about “setting the stage” and specific tactics boards can use to have more candid conversations? (17:02) How do you sanction violations whilst maintaining psychological safety? (19:27) How would you advise board members to challenge execs in meetings? (24:46) How can boards decide if their CEO is a difficult genius to stick with or someone they should let go? (26:11) Where do we go wrong when thinking about failure? (28:51) When is it right to proceed via first principles versus A|B testing? (34:50) Could the boards at VW, Wells Fargo and Nokia have prevented their respective failures? (36:08) ⚡The Lightning Round ⚡(40:01)
Host: Oliver Cummings
Producer: Will Felton
Editor: Alex Fish
Music: Kate Mac
Audio: Nick Kolt
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom
Enter the Boardroom with Nurole 
