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Goodhart’s Law: When a target becomes its own enemy

Idea to Value

Goodhart’s Law is named after economist Charles Goodhart, who in an 1975 essay about Monetary policy noticed that “ Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes. Even if it means that more important overall success criteria suffer as a result.

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Why to invest in IT consulting?

mjvinnovation

.” A phrase by Satya Nadella, former executive president of Microsoft, during an event at the American Chamber of Commerce (Ancham), in 2015, became one of the biggest technology hits of the decade. In the old years of 2015, the phrase left everyone speechless. All departmental decisions must be data-driven. Check it out!

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Co-creating volume 3

Innovation 360 Group

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! In many ways, the world we are passing on to the next generation is in much better shape today than it has ever been, and that is not a piece of wishful thinking or an inspirational affirmation to start the day.

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Co-creating volume 3

Innovation 360

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! In many ways, the world we are passing on to the next generation is in much better shape today than it has ever been, and that is not a piece of wishful thinking or an inspirational affirmation to start the day.