Chosen by shared topics, the entries that hold them, and the people who recommended both.
How the way organisations divide work blinds them, and how some break down silos.
“Gillian Tett's new book the Silo Effect, a thoughtful discussion of the downside of narrow specialisation.” — Seth Klarman
Source: Klarman on Gillian Tett on the downside of specialisation
Recommended by: Seth Klarman
How fixation on measured performance damages the work it is meant to improve.
How the wish for agreement in close groups led to fiascos like the Bay of Pigs.
“One of my favourite books, Groupthink by Irving Janis, breaks down how small, cohesive groups of very smart people can make very bad decisions.” — Adam Weiss
Source: Weiss naming Groupthink one of his favourite books
Recommended by: Adam Weiss, Barton Biggs
Recommended by: Mohnish Pabrai
How judging firms by their results corrupts most business research and advice.
“Phil Rosenzweig's must-read book, The Halo Effect, shows this idea is alive and well in the business world.” — Michael Mauboussin
Source: Was Harry Potter Inevitable? Cumulative Advantage, Counterfactuals, and the Halo Effect (Legg Mason)
Recommended by: Michael Mauboussin, Ev Williams and 1 other
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