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This is so true and should be self-evident; but unfortunately is often overlooked - whether in sports, finance, project management, health, life.

On the other hand, over-reacting to (slightly) bad news is often as bad as ignoring the need for after-action-reviews during good times.

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Reminds me a lot of Deming’s funnel experiment. If you don’t know it, pick up a copy of Out of the Crisis.

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