Two-way versus wrong-way due diligence, firing a practitioner-client, and avoiding the lemming effect with David Loseby

Posted on June 10, 2024

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EDITOR’S NOTE: The following is a recording of my recent video discussion with David Loseby. If you haven’t heard of him – something with which I would be very surprised, here is the link to David’s LinkedIn profile.

Because this is a raw and uncut video, the discussion begins at the 2:31 mark.

AI meeting summary:

  • The meeting between Jon Hansen and David focused on various topics, including engagement with solution providers, challenges with AI and automation, behavioral science in decision-making, pre-mortem and post-mortem analysis, authenticity in conferences and webinars, and cognitive diversity research. Action items from the meeting include David sending Jon the survey on cognitive diversity for review and distribution and Jon supporting David in gathering responses for the survey.

Notes:

  • 🔍 Discussion on Engagement and Solution Providers (02:36 – 05:31)
  • David and Jon discussed the importance of engagement and making solutions attractive, easy, accessible, and timely.
  • David highlighted the lack of information about companies’ ethos and approach in the market.
  • 🤖 Challenges with AI and Automation (05:31 – 09:38)
  • Jon shared a case study about the failure of automation due to a lack of understanding of the entire operation.
  • Discussion on the high failure rate of AI initiatives and the importance of understanding the problem before automating.
  • 🧠 Behavioral Science and Decision Making (09:56 – 12:29)
  • David and Jon discussed the importance of behavioral science in decision-making.
  • David mentioned the Dunning-Kruger effect and the need for critical thinking in technology adoption.
  • 🏗️ Pre-mortem and Post-mortem Analysis (12:29 – 16:03)
  • Jon and David discussed the importance of pre-mortem analysis to identify potential issues before implementing solutions.
  • They also talked about the benefits of post-mortem analysis in crisis situations.
  • 📊 Authenticity in Conferences and Webinars (26:28 – 27:15)
  • Jon emphasized the importance of authenticity in conferences and webinars.
  • David agreed and mentioned the need for genuine experiential sharing rather than fabricated content.
  • 📋 Cognitive Diversity Research (27:23 – 30:12)
  • David is conducting research on cognitive diversity and behavioral procurement.
  • David requested Jon’s help in distributing a survey and gathering responses.
  • David will share a white paper on cognitive diversity with Jon for feedback.

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Posted in: Commentary