A high-risk, high-reward decision-making philosophy that made Sam Bankman-Fried’s wealth possible – but also fragile.
Author: Gleb Tsipursky
Gleb Tsipursky
Dr. Gleb Tsipursky helps leaders use hybrid work to improve retention and productivity while cutting costs. He is CEO of the boutique future-of-work consultancy Disaster Avoidance Experts, which helps organizations adopt a hybrid-first culture, instead of incrementally improving on the traditional office-centric culture. A cognitive neuroscientist and behavioral economist, Dr. Tsipursky has published over 650 articles and been featured in more than 550 interviews in prominent venues in prominent venues including Harvard Business Review, Fortune, Inc. Magazine, Business Insider, Fast Company, and Forbes. He is the author of seven books, the newest of which is Leading Hybrid and Remote Teams: A Manual on Benchmarking to Best Practices for Competitive Advantage (Intentional Insights, 2021). Get a free copy of his Assessment on Dangerous Judgment Errors in the Workplace by signing up for the free Wise Decision Maker Course at https://disasteravoidanceexperts.com/newsletter/.
Did you know that the typical five-year strategic planning forecasts perform about as well as dart-throwing chimpanzees? Cognitive science and behavioral economics scholars have conducted research on people who are the most skilled forecasters among us. Apparently, they perform no better than chance on economic predictions more than three to five years out. Given that gloomy information, you might be asking why I would write an article about strategic planning at all. You’re in the same boat with my consulting client Beth, the CEO of a mid-size medical management company, when I told her about this same research finding in our conversation about strategic…