The High Cost of Being Right. Prediction Markets, Process Debt, and the "Pyromaniac" Manager

Process Debt by Chris Terrell

Episode notes

Ever notice how the person "saving the day" is the same one who caused the chaos in the first place? This week on Process Debt, we’re diving into the weird world of prediction markets and why most companies are statistically illiterate when it comes to their own bad decisions.

From the "Amazon Method" of spotting your own biases to why AI might just be a "happy-go-lucky" middle manager with no skin in the game, we’re peeling back the layers of corporate dysfunction. We talk about:

  • The Corporate Pyromaniac: How to tell if your top performer is actually just a match-flicker.
  • The Safety Gap: Why you’re probably too scared to audit your own failures (don’t worry, we are too).
  • The Calendar Trick: A poor man’s guide to proving you’re actually good at your job—o ... 
 ...  Read more
Keywords
Process Debt