The whole process relies on failure. People have to be willing to accept failure and admit to mistakes, or the process won’t work properly. If we artificially hide information to deny failures — whether it’s done in the name of positive thinking or is simply a manifestation of anti-social self-interest — then the process becomes [...]
Tagged as:
conversation,
decisions,
failure,
fallibility,
open government,
open society,
openness,
process
“Heuristic” — an ugly word that everyone should know — is used differently in various contexts. It generally refers to a process of making open-ended, provisional decisions in order to get into a better position — “for now” — from which to act and decide better later: Let’s see how this works out — find [...]
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cultural evolution,
culture,
decisions,
heuristics,
learning,
music,
progress,
society,
technology
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 07-12-2009
in mission
Just sort of a brainstorm here, following up on some of my relatively more youthful attempts to outline what this is all about: Draft Enterprise Model The Practice of Theory The other day I jotted down a few points — trying to distill the underlying mission of this amorphous enterprise. It has a few different [...]
Tagged as:
accountability,
articulation,
beta,
business,
change,
civics,
decision-making,
decisions,
design thinking,
digitization,
government,
information,
objectivity,
open,
open government,
open source,
openness,
org theory,
organizations,
participation,
politics,
pragmatism,
social web,
society,
transparency,
volunteering,
web
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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