Friday, April 4, 2014

How to Use an Expert in Decision-Making

My article in is about decision-making, particularly how to use experts without overrating their value. HERE is the link.

1 comment:

Anonymous said...

When I read this article, I immediately thought of these "experts" who were REALLY wrong:

A manager at the Grand Old Opry told Elvis Presley, "Stick to driving a truck, 'cause you'll never make it as a singer."

A vice president at Decca Records said this when the Beatles first tried to market themselves in the US: "We don't like their sound, and besides, rock and roll music is on the way out."

An MGM executive wrote this curt rejection notice on the script for Gone With the Wind: "FORGET IT! No Civil War picture ever made a nickel."

The CEO of IBM said in 1949: "I think there is a world market for five computers at the most."

Popular Mechanics also said in 1949: "By the turn of the century, computers may weigh less that 1,000 pounds and have only a few hundred vacuum tubes."

In early 1963, Jackie Kennedy's doctor told her that smoking during pregnancy was safe, and would help her avoid gaining weight. That August, she gave birth to her son Patrick, who died from lung problems.

The US Patent Office said in 1899 that "everything that has been invented is all that will ever be."


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