Body of Knowledge

  • Thought Food
    game theory

    Game Theory challenge: Can you predict human behavior?

    - by

    Given a range of integers from 0 to 100, what would the whole number closest to 2/3 of the average of all numbers guessed be? For example, if the average of all guesses is 60, the correct guess will be 40. The game is played under conditions known to game theorists as “common knowledge:” every player has the same information— they also know that everyone else does too. Lucas Husted explains the Game Theory challenge for predicting humn behavior in this thought-provoking video. Watch the video

  • Body of Knowledge
    artificual intelligence

    Artificial Intelligence; The Next “Undiscovered Country”

    - by Joseph Paris

    In William Shakespeare’s “The Tragedy of Hamlet, Prince of Denmark” (usually referred to simply as “Hamlet”), the main character, Hamlet, uses the phrase “undiscovered country” to refer to what lies beyond the grave – the afterlife – and our lack of knowledge of it, and our fear of it.  As it is with death, so is it with “Artificial Intelligence”, or “AI”. Simply put, AI are the sciences involved in having computers gather and evaluate information (data in context) – whether that information is stored, or is gathered in real-time, or combinations thereof – and to make decisions based on…

  • Podcasts

    Episode 42 – Hemp, Cannabis, Maintenance, OpEx, Chemistry and Beer

    - by Operational Excellence Society

    Topic: An eclectic bunch of visitors visited The Outliers Inn sharing a myriad of challenges. It was another successful Open Mic Night at The Outliers Inn.  Word is spreading of the new format of having random call-in guests is taking hold with the guests being greater in number and in energy. We start with Antlerboy and JP talking about attending and participating in conferences and whether they are worth it.  Generally speaking, the consensus supported by experience is that the expectation should be a longer runway before a connection becomes a transaction – but that keeping in front of people and…

  • eNewsletters

    Operational Excellence by Design eNewsletter – September 2019

    - by Operational Excellence Society

    September 2019 Monthly Musing I have recently come across several missives that place various management methodologies on an unassailable pedestal – elevated to near religious standing complete with dogma that is seemingly beyond question or challenge.  This is a mistake – with the risks being the loss of credibility to those who hold such strong beliefs. There are laws of nature and laws of man. … Of the latter, “There are no eternal facts, as there are no absolute truths.” ~Friedrich Nietzsche       Founder’s Corner   Reading is fundamental, but comprehension is important too   The art of debate has…

  • Body of Knowledge

    Reading is fundamental, but comprehension is important too

    - by Joseph Paris

    The art of debate has devolved.  No longer is it used as a tool of discovery, understanding, reconciliation, and progress.  Today, it is a tool used to beat one another into submission – with the wholesale surrender of the beliefs and values held by one party over the other being the goal. What’s worse, the intolerance of an opposing view leads to “confirmation bias” – which is the tendency to search for, interpret, favor, and recall information in a way that affirms one’s existing beliefs or hypotheses – and discarding, even energetically rejecting, opposing views.  This leads to people disassociating…

  • Thought Food
    lean six sigma

    Applying Lean Six Sigma Methods to Litigation Practice

    - by Seyfarth

    A growing number of law departments and law firms are exploring Lean Six Sigma and similar methodologies to continuously improve the way they deliver legal services. By tailoring these techniques to litigation processes, legal teams can reduce costs, increase efficiency and better align their workflows with client priorities This article provides a thorough investigation into the origins and uses of Lean Six Sigma – towards its application to litigation practice. Read more

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