Wednesday, November 27, 2019

Mayors and Rabbis Busted in Jersey

Mayors and Rabbis Busted in JerseyMayors and Rabbis Busted in JerseyI havent read Malcolm Gladwells best-selling book The Tipping Point so correct me if Im wrong but I believe, with respect to financial scandals, such a point was just reached this morning with the arrest of approximately 30 New York and New Jersey residents, includingseveral rabbis and the mayors of Hoboken and Secaucus, in connection with aninternational money-laundering conspiracy.Speaking of Gladwell, in case you missed the speech he gave a few months ago about how overconfidence killed the economy (which I previously linked to), the writers words were published this week by The New Yorker in a piece entitled, Cocksure Banks, battles, and the psychology of overconfidence. Its well worth your time.Finally, and sadly, it appears that Academy Award-Winning Spanish thespian Javier Bardem (who won an Oscar for portraying a poetic serial killing bounty hunter in the Coen Brothers film adaptation of Cormac McCarthys thri ller No Country For Old Men) will not don Armani and Herms to play an evil hedge fund manager in Oliver Stones sequel to Wall Street, the film that put greed is good and Gordon Gekko on the map. Reportedly, Bardem has opted to portray the love interest of a sappy soul searcher played by Julia Roberts in an adaptation of the best selling Eat, Pray, Love, rather than the nemesis of a young and hungry securities trader played by Shia LaBeouf.

Friday, November 22, 2019

The Deflategate Drama Offers a Few Lessons in Leadership

The Deflategate Drama Offers a Few Lessons in LeadershipThe Deflategate Drama Offers a Few Lessons in LeadershipThe Deflategate Drama Offers a Few Lessons in Leadership RossheimThe NFL couldnt havescrewed this up more if it had tried. So says lawyer John Snyder of the controversy over the New England Patriots alleged tampering with game balls in the 2014 American Football Conference championship game.A Federal judge overturned Tom Bradys 4-game suspension(appeal pending) on September 3rd. As the Patriots 2015 seasonbeginswiththeir star-quarterback back in play, here is some Monday morning quarterbacking for the benefit of employers looking to avoid such deflating developments.Repeat after me Discipline is notlage an improv act. When it comes to accusations of wrongdoing whether they involve a grace-under-press superstar or locker-room employeeswho might have under-pressured a dozen footballs its most unwise to make up a disciplinary procedure as you go along. The Patriots have sinc e asked the NFL toreinstate said Deflategate employees.To have an organization as big as the NFL hold a kangaroo court is just stunning, says Snyder, a principal with the law firm John H. Snyder PLLC in New York City. Goodell needs to stop being personally involved in discipline.Lesson for your company Stick with a disciplinary process that avoids even the appearance of conflict of interest or the exchange of favors.Dont take disciplinary actions that leave your organization wide open to challenge.Whether youre a pro league with a near monopoly on your sport or an internet player that dominates a given market, theres a dangerous temptation to play by your own rules.One key lesson is not to withhold information if theres an arbitration proceeding, and they did withhold information from Brady, says Bryan Sullivan of law firm Early Sullivan Wright Gizer McRae LLP in Los Angeles. And this happens at big companies more than we would want it to.Lesson for your company If your leadership surrounds itself with advisors who are little more than yes-men and women, its best toseek outside counsel.Dodge tackles, not issues. Toms personal preferenceson his footballs are something that he can talk about in much better detail and information than I could possibly provide. So said Patriots head coach Bill Belichick to reporters.In referring to Deflategate as a matter of preferences rather than a question of whether NFL rules were broken, Belichick appeared disingenuous. He either declined to support his top employee or nearly threw him under a bus, depending on how you look at it. The question is, was this conduct more management or leadership?Lesson for your company Topleaderstake responsibility for what they know and for what they should have known, but didnt about how their workers conduct themselves on the job.

Thursday, November 21, 2019

Thinking your way to a better brain (John Dewey on how we think)

Thinking your way to a better brain (John Dewey on how we think)Thinking your way to a better brain (John Dewey on how we think)Learning how to think is hard.Thinking is the core of our being, but the world is hostile to serious thought.In an age of information overload, the depth of thinking is becoming less and less valued. Information - even good information - can become a distraction if youre elend thinking about it, evaluating it, or analyzing it.Most of us cant afford to think.And some people are okay with not knowing.Not because they dont have the capacity for thought, but because they have chosen to spend their time elsewhere.Thinking is unfamiliar.Thinking can force us out of comforting habits, and it can even complicate our relationships with like-minded friends.Thinking is slow, and thats a problem when our habits of consuming information (mostly online) leave us lost in the spin cycle of social media, partisan bickering, and confirmation bias.Most peoples thinking proce sses emerge their emotional life and moral character.And when we dont really know a subject well enough, in T. S. Eliots words, we tend always to substitute emotions for thoughts, and go with whatever idea makes us feel popular.Part of living well is thinking well because if one thinks the wrong thoughts it is hard to do the right things to get the best results.Think better. Do betterIn its loosest sense, thinking signifies everything that, as we say, is in our heads or that goes through our minds.A thinking process begins with a dilemma that suggests alternatives, and so thinking is evoked by confusion.If you consistently choose not to dig deeper, you will make plans around being wrong.Deep thinking just means absorbing important information and using that to form a decision or opinion of your own - rather than just spouting off what you hear others say.To think means, to bridge a gap in experience, to bind together facts or deeds otherwise isolated.In his 1910 masterpiece How We Think, John Dewey examines what separates thinking, a basic human faculty we take for granted, from thinking well, what it takes to train ourselves into mastering the art of thinking.The spark of thinking, Dewey argues, is a kind of psychological restlessness rooted in ambiguityThinking begins in what may fairly enough be called a forked-road situation, a situation which is ambiguous, which presents a dilemma, which proposes alternatives. As long as our activity glides smoothly along from one thing to another, or as long as we permit our imagination to entertain fancies at pleasure, there is no call for reflection. Difficulty or obstruction in the way of reaching a belief brings us, however, to a pause. In the suspense of uncertainty, we metaphorically climb a tree we try to find some standpoint from which we may survey additional facts and, getting a more commanding view of the situation, may decide how the facts stand related to one anotherDemand for the solution of a perplexity is the steadying and guiding factor in the entire process of reflection This need of straightening out a perplexity also controls the kind of inquiry undertaken. A traveler whose end is the most beautiful path will look for other considerations and will test suggestions occurring to him on another principle than if he wishes to discover the way to a given city. The problem fixes the end of thought and the end controls the process of thinking.Thinking is synonymous to believing says Dewey.To say I think that it is going to rain tomorrow is equivalent to saying I believe that it is going to rain tomorrow.When we say Men used to think that the earth welches flat, we refer to a belief system that our ancestors held about the earth - they used to think, i.e. believe, that the earth was flat.Dewey argues its not enough to simply have beliefs, but that we must also do the work required to examine them, to understand why we hold them, and to assess the consequences of holding such beliefs. To truly think, Dewey argues, we ought to consider not only the origin of our beliefs but also how they affect our actions, which they inevitably doReflective thought is the most potent antidote to erroneous beliefs, says Dewey Active, persistent, and careful consideration of any belief or supposed form of knowledge in the light of the grounds that support it, and the further conclusions to which it tends, constitutes reflective thought It is a conscious and voluntary effort to establish belief upon a firm basis of reasons.This basis of reasons, Dewey argues, is a relational framework for how different bits of knowledge connect to and validate one another.To think well is to construct fruitful linkagesThe function by which one thing signifies or indicates another, and thereby leads us to consider how far one may be regarded as warrant for belief in the other, is the central factor in all reflective or distinctively intellectual thinking Reflection thus implies that something is beli eved in (or disbelieved in), not on its own direct account, but through something else which stands as witness, evidence, proof, voucher, warrant that is, as a ground of belief.There is no single uniform power of thought, but the multitude of observations, memories, imagination, and common sense, that together comprise thoughts.To a better capacity for thought, we need to develop curiosity and the habit of exploring and testing.These will increase questioning and the love of inquiry which will ultimately lead to critical and deep thinking habits.Pay attention to the right details to make better inferencesDewey encourages us to embrace systematic inference to improve our reasoning. An inference is a step of the mind, an intellectual act by which one concludes that something is true in light of something elses being true, or seeming to be true.People automatically make inferences to gain a basis for understanding and action.So quickly and automatically do we make inferences that we do not, without training, notice them as inferences.We see dark clouds and infer rain.We hear the door slam and infer that someone has arrived.We see a frowning face and infer that the person is upset.We read a book, and interpret what the various sentences and paragraphs - indeed what the whole book - is saying.We listen to what people say and make a series of inferences as to what they mean.An important part of critical thinking is the art of bringing what is subconscious in our thought to the level of conscious realization.This includes the recognition that our experiences are shaped by the inferences we make during those experiences.Critical thinkers notice the inferences they are making, the assumptions upon which they are basing those inferences, and the point of view about the world they are developing.Dewey writesSystematic inference, in short, means the recognition of definite relations of interdependence between considerations previously unorganized and disconnected, this recognition being brought about by the discovery and insertion of new facts and properties.Humans naturally and regularly use beliefs as assumptions and make inferences based on assumptions (something we take for granted or presuppose.Usually it is something we previously learned and do not question. It is part of our system of beliefs).We assume our beliefs to be true and use them to interpret the world about us.If our belief is a sound one, our assumption is sound.If our belief is not sound, our assumption is not sound.Beliefs, and hence assumptions, can be unjustified or justified, depending upon whether we do or do not have good reasons for them.We need to make logical inferences based on sound assumptions. We need to understand our own point of view and fully consider other relevant viewpoints.Dewey advises us to doubt our first solution, to keep searching, and to search for much longer than expected, as this is what is required for good thinking.Better thinking doesnt end.The more knowledge you cultivate, the better youll become at thinking about it. Its navel gazing in that youre constantly thinking about thinking, but the end result is a brain that automatically forms better arguments, focused ideas, and creative solutions to problems.This article first appeared on Medium.