Comments on: The Fatal Flaw Myth

By: rami

rami — Mon, 22 Jan 2007 17:10:49 +0000

tried to open your blog got error !

By: Mike DeWitt

Mike DeWitt — Tue, 15 Aug 2006 07:35:28 +0000

Rob,

False attribution are the talismen that business people use to ward off the unpredictable nature of the universe. By pretending there is an unfailing cause and effect relationship between management actions and results, executives can maintain the illusion of control over their circumstances.

But it IS an illusion.

Mike

By: T.

T. — Sat, 12 Aug 2006 19:03:41 +0000

Even though there's always a risk of error because it's Wikipedia, here's a list of cognitive biases including fundamental attriubution error: http://en.wikipedia.org/wiki/List_of_cognitive_biases

By: J

Sat, 12 Aug 2006 14:25:58 +0000

I thought the best (and probably truest) quote was:

“The problem with such prognostications is that they infer basic truths about a company’s prospects from its short-term performance.”

While I agree with the criticisms of Airbus’ structure and political interference, the author doesn’t mention that outside of the US and arguably the Netherlands, airlines that operate internationally are basically public utilities with considerable political protection from competition. Rent seeking might well make the 380 just as “efficient” as the 787 ( http://www.flightglobal.com/Articles/2005/01/04/191929/Los+Angeles+expansion+plan+boosts+A380+compatibility.html ).

By: Robert Hruzek

Robert Hruzek — Fri, 11 Aug 2006 17:02:02 +0000

That’s another problem with management improvement efforts. (See Bob Sutton’s manifesto “Management Advice: Which 90% is Crap?” at http://www.changethis.com.) Both good AND bad ideas become fads when consultants use the “one size fits all” philosophy. That’s what happened to Mike Hammer’s Reengineering idea.