Russ Roberts: “What gets measured gets managed. But I’m saying something stronger here. If we are not careful, what gets measured is all we manage. We don’t just pay more attention to what is in the light. We forget what is in the shadows. We forget about the rest of the things that do not get captured in measures we become accustomed to studying and using.” More: “A life well-lived, as I argue in my book, Wild Problems, is not a calculus equation to be solved.”
Nathan Baschez: “A lot of times, instead of thinking big, we actually need to think small. Instead of getting hyped about broad narratives that explain our predicament, we need to just buckle down and ask ourselves how we can do what we’re already doing—but much, much better. We need to focus on execution, not strategy. So why don’t we? The main reason, at least in my experience, is we don’t realize just how much better we could be executing, and just how much the metrics could improve if we did. We assume we’re performing most of our key activities roughly 80% of the way to perfection, and pushing harder to get the remaining 20% wouldn’t move the needle that much. In my experience this is usually false. We may not be able to imagine how, but 10x or even 100x improvements are possible more often than we think. And the ultimate effect of making that kind of change on every activity has compounding, multiplying effects.”
Read: Lost Man of Bombay, by Vaseem Khan. A thriller set in 1950 Bombay.
