Olivier Sibony is a professor, author, and advisor whosework focuses on strategic decision-making and the design of better decision processes. He is a Professor of Strategy at HEC Paris and an Associate Fellow at Oxford University’s Saïd Business School.
Before moving into academia, he spent 25 years with McKinsey & Company, where he was a Senior Partner and held leadership roles in the firm’s strategy practice.
He is the author of You’re About to Make a Terrible Mistake!, and the co-author, with Daniel Kahneman and Cass Sunstein, of Noise: A Flaw in Human Judgment. His recent work examines human decision-making in the age of artificial intelligence, including what AI may improve, what it maydistort, and where human responsibility still matters.
In this episode of Conflict, Power & Persuasion, Olivierhelps unpack a topic that sits right beside cognitive bias, but is probably much less familiar: noise.
Some topics discussed include:
• How Olivier’s work as a strategy consultant led him tostudy why smart people make bad decisions.
• Why real-world mistakes are rarely caused by one isolatedbias.
• The target analogy from Noise, and how it helps explainaccuracy, bias, and unwanted variability.
• Why judges, doctors, forecasters, mediators, negotiators,and other professionals may reach very different conclusions from the sameinformation.
• Why noise often goes unnoticed unless we deliberately lookfor it.
• Why the difference between rules and standards matterswhen drafting policies, agreements, and other decision frameworks.
• Why mediation and negotiation raise a difficult question:what exactly is the target we are trying to hit?
• How AI may reduce some forms of judgement error whileraising hard questions about dignity, accountability, procedural justice, andhuman responsibility.
And much more.
Links and Resources
· Olivier Sibony’s Website
· OlivierSibony’s Books
· Noise: A Flaw in Human Judgment by Daniel Kahneman, OlivierSibony, and Cass R. Sunstein
· You’re About to Make a Terrible Mistake! by Olivier Sibony
· OlivierSibony’s Recent Work on Human Decision-Making and Artificial Intelligence