The case of Boeing: can incentives reduce risk?

The case of Boeing: can incentives reduce risk?

In the wake of continuing safety issues with Boeing aircraft, the company announced it was changing the incentives for how people are paid in its commercial aircraft division. Now, 60% of the bonuses will be based on quality and safety metrics. Previously, 75% of the bonuses were based on financial metrics. I’ve watched incentives and…

Six people got blood clots after taking the Johnson & Johnson vaccine. Time to panic?

Six people got blood clots after taking the Johnson & Johnson vaccine. Time to panic?

If you received the Johnson & Johnson vaccine for COVID-19, should you be worried? The leaders of the Centers for Disease Control (CDC) and the FDA issued a statement this morning suggesting a pause in the administration of the J&J vaccine. As they wrote: CDC and FDA are reviewing data involving six reported U.S. cases…

The Rationalist Papers (9):  Trump, COVID, risk, and opportunity
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The Rationalist Papers (9): Trump, COVID, risk, and opportunity

Donald Trump has announced that he and his wife have tested positive for COVID-19. I’ll look at the question of how we got to this point in the broader context of risk — and describe the unlikely opportunity it creates. Just a reminder: these Rationalist Papers posts are for the group I call the deciders: conservative, moderate,…

Which rules to break and when: a personal disruption guide

Which rules to break and when: a personal disruption guide

Breaking rules is necessary, because if you follow all the rules to the letter, you’ll never accomplish anything new and original. Ironically, though, every piece of advice on the Internet — including my book and my blog — is setting up new rules  (“Avoid the passive voice! Build your personal brand! Floss!). So should you break the…