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

Idea to Value

One area where Goodhart’s Law gets even more dangerous is in target-based software development, especially Artificial Intelligence and Machine Learning. In 2015, Google used machine learning to let Google Photos tag faces of friends in uploaded photos. That way it could not die. That was not its fault.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. Risk management, treated as a learning process, not only propels innovation forward but can also speed it up. They approach risk management not as a safety procedure but as a learning process.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. Risk management, treated as a learning process, not only propels innovation forward but can also speed it up. They approach risk management not as a safety procedure but as a learning process.

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Five Barriers to the Innovation Process and How to Overcome Them

IdeaScale

If a company developed a way of doing things in 2015, then it was likely the ideal one at the time. Technology improves; companies grow and tap into new resources; new people are hired and incorporated into the team; the standard of innovation and best practices for entire industries can shift dramatically.

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Sorting through our Innovation Management Tools

Paul Hobcraft

There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. The latest one for 2015 is here. Shared language : tools align teams around a visual concept, making complex ideas clearer with an image.

Tools 100
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Coaching as an enabler to innovation

Wazoku

In a January 2015 post on Artificial Intelligence he references “what futurist Ray Kurzweil calls human history’s Law of Accelerating Returns”. As a result, I am particularly interested in how mature organisations can learn to behave more innovatively to stay ahead of the curve and ultimately remain in business.

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. Another frequent sign is that the number of ideas for further improvements is decreasing, and existing customers are increasingly turning to alternative products (Ovans, 2015). Harvard Business Review.