4min snip

The Knowledge Project with Shane Parrish cover image

#1 Michael Mauboussin: When To Trust Your Gut

The Knowledge Project with Shane Parrish

NOTE

How Do You Train Your Intuition Based on Other People's Experts?

To effectively hone intuition in stable environments, individuals and organizations should prioritize deliberate practice and incorporate systematic feedback loops. This structured approach allows for the refinement of decision-making abilities by learning from both successes and mistakes. It is crucial to focus on collective processes rather than individual contributions, ensuring that all ideas and opinions are acknowledged to optimize decision quality. Groups often face challenges like size limitations and dominance by strong voices, which can stifle diverse perspectives. A thoughtful process that manages and leverages diversity is essential for maximizing learning opportunities. Organizations should not only embrace diversity but also develop strategies to effectively harness it for improved outcomes.

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