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  <title>Fooled by experience</title>
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  <place>
   <placeTerm type="text">Boston</placeTerm>
   <publisher>Harvard Business School Publications</publisher>
   <dateIssued>May 2015</dateIssued>
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  <extent>p. 72 - 77</extent>
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 <note>We&#13;
interpret the past—what we’ve experienced and what we’ve been told—to chart a&#13;
course for the future. It seems like a reasonable approach, but it could be a&#13;
mistake. The problem is that we view the past through filters that distort&#13;
reality. One filter is the business environment, which focuses on outcomes&#13;
rather than the processes that lead to them and celebrates successes while&#13;
ignoring failures, thus making it hard for us to learn from mistakes. Another&#13;
is our circle of advisers, who may censor the information they share with us. A&#13;
third filter is our own limited reasoning abilities. We tend to focus on&#13;
evidence that confirms our beliefs and gloss over information that contradicts&#13;
them, and we read too much into our personal experience, which inevitably involves&#13;
a small sample of incidents. We can base our decisions on a clearer view of the&#13;
world if we study failures and near misses— especially the processes behind&#13;
them; encourage all employees to pursue preventive measures instead of just&#13;
solving problems; surround ourselves with people who will speak frankly; search&#13;
for evidence that our hunches are wrong, and encourage employees, data&#13;
scientists, and consultants to do the same; and broaden our perspective in&#13;
order to give new meaning to our varied experiences. [ABSTRACT FROM AUTHOR]&lt;br&gt;&lt;br&gt;&lt;br&gt;</note>
 <note type="statement of responsibility"></note>
 <classification></classification>
 <identifier type="isbn">00178012</identifier>
 <location>
  <physicalLocation>Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen</physicalLocation>
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