You will hear people talking about “latency,” which means the delay between a trading signal being given and the trade being made. Low latency — high speed — is what banks and funds are looking for. Yes, we really are talking about shaving off the milliseconds that it takes light to travel along an optical [...]
Tagged as:
control,
decision-making,
decisions,
finance,
intuition,
judgment,
latency,
mind,
objectivity,
pattern recognition,
process,
quantitative finance
by OpenConceptual on 07-28-2009
in concepts
by OpenConceptual on 07-22-2009
in concepts
As maybe one of the most marked turns in the history of mainstream military strategy, Thomas Friedman quotes a US officer in Afghanistan saying, “We don’t count enemy killed in action anymore.” Friedman elaborates: Early in both Iraq and Afghanistan our troops did body counts, à la Vietnam. But the big change came when the officers [...]
Tagged as:
afghanistan,
amazon,
customer service,
employee relations,
military,
military strategy,
organizational culture,
organizations,
relationship centred medicine,
relationships,
strategy,
zappos
by OpenConceptual on 07-22-2009
in concepts
We’ve been hearing for years about “T-shaped people” (with deep knowledge and competence in one or two areas, crossed with wide knowledge across many domains); Microsoft’s Bill Buxton recently wrote about “I-shaped people”: These have their feet firmly planted in the mud of the practical world, and yet stretch far enough to stick their head [...]
Tagged as:
analogies,
creativity,
education,
gurus,
innovation,
knowledge,
metaphors,
skills,
teams
by OpenConceptual on 07-20-2009
in concepts
As I started reading Tyler Cowen’s Create Your Own Economy today, I was delighted to discover the whole book is framed by the concept of neurodiversity — specifically, the notion that autism shouldn’t be conceived strictly as an impairment, but as one cognitive style among many, with its own strengths and weaknesses. From the book: [...]
Tagged as:
asd,
asperger's,
autism,
brain,
neurodiversity
by OpenConceptual on 07-19-2009
in concepts
[Update: within minutes I decided to change the title to "Designing Ideas for Democracy" -- replacing "methodologies" with "ideas" -- which occurred to me after I thought about search results, then realized "ideas" is more appropriate anyways.] This will be the provisional mission for Open/Conceptual. As usual, “designing methodologies ideas for democracy” is something that [...]
Tagged as:
analogies,
civics,
creativity,
design,
design thinking,
enterprise modeling,
epistemology,
ideas,
ideation,
meta-methodology,
metaphors,
methodologies,
philosophy
by OpenConceptual on 07-17-2009
in concepts
In the process of summarizing my last post, Jeff Jarvis suggested I was “searching for a metaphor for what I’ve been calling beta-think.” He’s exactly right — though I wasn’t aware of it when I started writing — so I’m going to take that up with a bit more brevity and focus. The search for [...]
Tagged as:
beta,
beta-think,
heuristics,
human nature,
language,
metaphors,
motivation,
recursion,
relevance,
thinking,
web,
will to relevance
by OpenConceptual on 07-15-2009
in concepts
Jeff Jarvis has been “thinking a lot about this lately: the need to risk and fail and not hold perfection as the standard of success.” That’s a ‘perfect’ jump-off to introduce an important concept I’m trying to promote: generativity: instead of evaluating things on how well they accord with preconceived models and assumptions, let’s evaluate [...]
Tagged as:
competence,
cultural evolution,
evolution,
failure,
finance crisis,
generativity,
institutions,
love of learning,
new economics,
organizations,
physics,
pragmatism,
quantum theory,
randomness,
science,
success
Driving Processes
by OpenConceptual on 07-30-2009
in commentary,concepts
You will hear people talking about “latency,” which means the delay between a trading signal being given and the trade being made. Low latency — high speed — is what banks and funds are looking for. Yes, we really are talking about shaving off the milliseconds that it takes light to travel along an optical [...]
Tagged as: control, decision-making, decisions, finance, intuition, judgment, latency, mind, objectivity, pattern recognition, process, quantitative finance
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