The evidence points to group-think as a leading cause of the Boeing 737Max disaster. When group-think takes hold in an organisation, the possibility of exploring alternative actions or ideas is gone. And in the case of the 737 Max the verdict is clear.
There is no such thing as zero risk — and nor should there be. But unmanaged risk can undermine business. There are ways to manage risk and there is an expectation that a leader takes a major role in risk mitigation’. In fact, every good leader will have a strategy to be able to achieve their vision while also managing the risk of failure.
We too often only acknowledge the importance of leadership through its impact when it goes wrong. When leadership goes wrong, the ramifications can be vast. The damage caused has real and tangible fallout that impacts profits, reputation, employees, their families — and even our society. This is why in most cases, business leadership seems to get most media attention when something fails.
Whether we like it or not, leaders have a strong influence in multiple areas of our lives. For this reason alone, the nature of leadership is worth considerable reflection and discussion. We know intuitively that leadership is important simply because when it goes wrong the ramifications can be vast. The damage caused by bad leadership has real and tangible fallout. In business, this fallout impacts employees, families and our society. This is why in most cases, business leadership isn’t press-worthy until something fails.
The Rubik’s cube was launched across the world in 1980 as the most difficult puzzle ever with more than a billion possible variations across its six sides.What makes a Rubix Cube difficult? Simple, every time you move a side to line up a colour it moves something else on another side. Simple yet incredibly complex. The key was to find a reference point from which you could solve the puzzle. The reference point was difficult to find but once found, solving the most complex puzzle of the century became possible.The Rubix Cube is a perfect analogy for business.
Active Learning is a specialist branch of Machine Learning, also known as Optimal Experimental Design, Query Learning or Adaptive Incremental Learning. It is about finding out “what is going on”, efficiently and reliably, starting from a position of relative ignorance, without wasting valuable time and resources. It is a different thing from the “Active Learning” approach found in education, where each students actively engages in and directs their own learning experience.