Texas Hold ‘Em is Just Like Good Strategic Planning…

This ‘Freakonomics’ podcast posted got me thinking. I thought you might also enjoy it.

Host Steven Dubner interviews Maria Konnikova about her new book, The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and WinThe book chronicles Konnikova’s journey from poker novice to poker professional. What I liked about it (and why I purchased the book just after listening) is the relevance for our business. Our business is seemingly just like poker; with psychological components and also frameworks. Too much ‘data-head’ and you’re playing chess, too much chance without any framework and you’re playing roulette. Poker sits nicely in the middle with both frameworks for solutions and human observational elements – just like good strategic planning! The title needs more work IMO, but that’s another conversation.

Check out the podcast and transcript here: https://freakonomics.com/podcast/konnikova-biggest-bluff/