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Losing Despite Our Best Efforts and How ...

Losing Despite Our Best Efforts and How Outcome Bias Works

Mar 23, 2021

Whether in sports or elsewhere in life, we think that the right procedure, the right systems, guarantee success. This is not always so. Sometimes we fail despite putting in place the best plans and the best systems, and sometimes we do well despite not putting in place the right systems and planning properly. Therefore, judging plans and systems by their outcome is not the right way to go about things.

Read more in the following article:

Good decisions do not guarantee success, all they do is to give us the best possible chance for it. Therefore, judging decisions by their outcome does them a disservice. - Losing Despite Our Best Efforts and How Outcome Bias Works

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