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

Idea to Value

This refers to the process whereby it is clear what the targets for success are, and an individual, group or company does just enough to qualify for meeting those specific criteria. One area where Goodhart’s Law gets even more dangerous is in target-based software development, especially Artificial Intelligence and Machine Learning.

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Business Model Scalability: Internal vs External

The BMI Lab Blog

Venture capitalists learned early on that scalability enables rapid growth and can potentially deliver the highest returns. Develop and Monitor a Growth Cycle Every business model designed to scale needs a virtuous cycle of growth – sometimes also referred to as flywheel. The market, the business model, or the team?”

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The Innovation Stack

The Inovo Group

The innovation stack is analogous to a ‘full-stack’ in software. Software stacks are used to develop complex software applications. The term ‘knowledge’, as used here, refers to a hierarchy of data-information-knowledge-understanding-insight [1] (we’ll leave out wisdom for now).

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Do You Know Your Users?

Boxes and Arrows

False consensus bias contributes to making bad decisions when we design software. Alan Cooper noted this type of bias while wondering why otherwise smart, talented people often created such crappy software. Have you ever heard anyone on your team say, “what if the customer wanted [some feature]?” What are personas?

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Co-creating volume 3

Innovation 360 Group

In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors. This is where the relationship between the organization’s innovation strategy and its profile of strengths and weaknesses comes into play.

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Co-creating volume 3

Innovation 360

In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors. This is where the relationship between the organization’s innovation strategy and its profile of strengths and weaknesses comes into play.

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User Experience Research at Scale

Boxes and Arrows

By establishing a constant stream of non-biased opinions and open lines of communication which are immune to politics and ever-shifting strategies, research keeps design and development efforts grounded in what should already be the application’s first priority–the user. Different from analytics. Setting boundaries.

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