Saturday, December 4, 2021

December 4, 2021 - Omicron variant may have picked up a piece of common-cold virus

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TradeBriefs Editorial

From the Editor's Desk

When It's OK to Trust Your Gut on a Big Decision

Should you use your gut feel or not? Recent research suggests that it can be useful, especially in highly uncertain circumstances where further data gathering and analysis won’t sway you one way or another. Where there is debilitating evidence that delays decision making, trusting your gut allows leaders the freedom to move forward. But before relying on it, do two things. Recognize the type of problem at hand. Ask, What is the level of “unknowability”? Reserve your intuition for those decisions that go beyond routine, where calculations of probabilities and risks are not only unrealistic, they are infeasible. Second, be aware of the context in which you are making the decision. If you’re operating in an environment where successful mental models and schemas have already been developed and proven, focus on method and execution. If you’re seeking to make an unusual, distinctive, “diamond in the rough” type of decision (think about trying to predict the next startup unicorn), gut instinct can be helpful. And once you’ve decided to rely on your intuition, don’t try to explain it or justify to others how you arrived at it. If you apply logic and data to gut feel, the more likely you are to put off a decision or make a worse one.

Continued here


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Green energy goals achievable with right steps taken now: Sunil Mittal | Business Standard News
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Renuka Ramnath's PE firm Multiples looks to raise $10 billion by 2030 | Business Standard News
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Why Navi Mumbai is hoping for 'flamingo city' tag
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SoftBank poised to lose $74-bn payday if Arm deal is halted | Business Standard News
SoftBank poised to lose $74-bn payday if Arm deal is halted | Business Standard News
US antitrust officials sued to block the takeover on Thursday, arguing it will stifle innovation in the chip industry


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MH370: Could missing Malaysian Airlines plane finally be found?
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A British engineer believes he may help solve one of the world's greatest aviation mysteries.


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India's 'pencil village' counts the cost of Covid school closures | Global development | The Guardian
India's 'pencil village' counts the cost of Covid school closures | Global development | The Guardian
Ukhoo village in Kashmir supplies 90% of wood used in the country’s pencils, but the industry, a major employer in the area, has seen a dramatic drop in demand




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