Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Professor Olivier Sibony on Noise

Professor Olivier Sibony on Noise

FromThe Human Risk Podcast


Professor Olivier Sibony on Noise

FromThe Human Risk Podcast

ratings:
Length:
72 minutes
Released:
Jul 27, 2021
Format:
Podcast episode

Description

Why might judges in the same Court give vastly different sentences for the same crime? The answer is noise. When experts who assess the same situation come to very different conclusions for no good reason, we risk bad outcomes.On this episode, I’m speaking with Professor Olivier Sibony, who is the co-author — along with Professors Daniel Kahneman and Cass Sunstein — of Noise: a flaw in human judgement.In our discussion, he explains what noise is, why it matters and what we can do to mitigate it.He also shares how this stellar line-up of authors came together.Olivier also helps me understand why a commonly adopted approach of using forced distribution for employee performance evaluations, which I have always found to be a bad idea, is…a really bad idea!Olivier has been on the show before. You’ll find that episode here: https://www.podpage.com/the-human-risk-podcast/professor-olivier-sibony-on-mistakes/ To find out more about Olivier, his research and his previous book ‘You’re About To Make A Terrible Mistake’ visit his website: https://oliviersibony.com/about/For more on Noise, the book see: https://oliviersibony.com/books/noise/To read a 2016 article on Noise by Daniel Kahneman: https://hbr.org/2016/10/noise
Released:
Jul 27, 2021
Format:
Podcast episode

Titles in the series (100)

People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.