Notes from a Paretian world

Here are some of the observations and insights that were shared via Twitter this past week.

Why Thinking About Averages Can Be Disastrous – by @timkastelle

If you are operating in a Paretian world but you assume that it’s Guassian, you’re heading for trouble. That’s why thinking about averages can be disastrous. Think about outliers instead.

Polymaths, bumblebees & the expert myth – by @jerrymichalski @aprilrinne

We need a new kind of expert — one whose expertise is hard-won through direct experience and whose point of view is both flexible and principled. We need people who have a deep sense of the world’s inner workings and interdependencies and who are comfortable in multiple settings and speak multiple national and disciplinary languages. These should be people who can absorb new material very quickly, and then improve it as they share it with others. We need to rely on people who are more than just an “expert” on any one topic, but across topics

We don’t need to do away with experts entirely. Instead, let’s update and refine what it means to be an expert in the 21st century.

WSJ: Better Leadership Through Social Media – by @awsamuel

“Join a new online network? I’d love to!”

In 15 years of helping business, government and nonprofit leaders make strategic choices about digital technology, I’ve yet to hear an executive utter those words.

Network Tensions – by @panklam

This tension I noted, is one of the primary ones I exposed in Net Work: “Outcome v s. Discovery.” Tensions, I wrote, “are present all the time; both leaders and members of a network should be aware of how these tensions impact the health of a network. All networks will shift along these lines of tension as they respond to changes in the environment, changes in the demographics of their members, and changes in purpose, structure, and style.”

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