Chapter
Three Ways to Think About Diversity in the Workplace
15:15 - 29:17 (14:01)
The three ways to think about diversity in the workforce include demographic diversity, cognitive diversity, and complex adaptive systems, which can result in better decision making and outcomes.
Clips
In this podcast, the host talks about his idea of a newsletter called Consilient Observer which looks at different topics through an interdisciplinary lens and tries to address important problems by bringing ideas together from different disciplines.
15:15 - 19:07 (03:51)
Summary
In this podcast, the host talks about his idea of a newsletter called Consilient Observer which looks at different topics through an interdisciplinary lens and tries to address important problems by bringing ideas together from different disciplines.
ChapterThree Ways to Think About Diversity in the Workplace
Episode#659: Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More
PodcastThe Tim Ferriss Show
The idea of complex adaptive systems is explained using Jim Sirwigs' book, "The Wisdom of Crowds".
19:08 - 23:03 (03:54)
Summary
The idea of complex adaptive systems is explained using Jim Sirwigs' book, "The Wisdom of Crowds". Complex systems consist of many agents, such as neurons in the brain or people in a city, and the system itself can be more intelligent than any individual agent within it.
ChapterThree Ways to Think About Diversity in the Workplace
Episode#659: Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More
PodcastThe Tim Ferriss Show
Social category diversity, cognitive diversity and values diversity are crucial types of diversity in the workplace.
23:03 - 27:28 (04:24)
Summary
Social category diversity, cognitive diversity and values diversity are crucial types of diversity in the workplace. While social diversity is important, cognitive and values diversity enable organizations to have a richer dialogue and common mission, respectively.
ChapterThree Ways to Think About Diversity in the Workplace
Episode#659: Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More
PodcastThe Tim Ferriss Show
The author discusses an experiment with jelly beans and how it relates to market efficiency and the behavior of investors.
27:28 - 29:17 (01:48)
Summary
The author discusses an experiment with jelly beans and how it relates to market efficiency and the behavior of investors. This experiment demonstrated the influence of individual fancies in market efficiency.