My Quest for the Best with Bill Ringle

Episode 178

The Efficiency Paradox - Interview with Edward Tenner

Episode 178: The Efficiency Paradox - Interview with Edward Tenner

Hosted by: Bill Ringle Released: May 7, 2018 Duration: 00:26:32

Episode Summary

Bill Ringle and Edward Tenner discuss the "Efficiency Paradox" and how it impacts business owners in practical ways.

Authored by Edward Tenner

Featured title: The Efficiency Paradox: What Big Data Can't Do

>>> Visit MyQuestforTheBest.com  for complete show notes and more expert advice and inspiring stories to propel your small business growth. My Quest for the Best is a top-rated small business podcast with over 300 episodes of thought-provoking and insightful interviews with today’s top thought leaders and business experts. Host Bill Ringle’s mission with this show is to provide the strategies, insights, and resources that will unlock the growth potential of your business through these powerful conversations.

Interview Insights

Key points that you’ll learn from this interview

  • The danger of relying too much on automated resume scans.
  • What to watch out for with the “tyranny of metrics” and how to counter it.
  • What false positives distort in medical tests and procedures.
  • How to recognize when efficiency has been pushed too far and what to do to protect your interests.

Read the Show Notes from this Episode

  • 2:18 How Edwards elementary school librarians socialized him into the love of books and the love of reading.
  • 2:53 “I’m really an opinion writer and an interpreter.”
  • 3:28 “Once people understand the historical background they have more confidence in dealing with the present.”
  • 5:09 “You can think of this as a continuous R&D Laboratory.”
  • 5:49 “The point of the book is that too much focus on short-term efficiency can make us less efficient in the long run.”
  • 6:20 The art of inspired inefficiency
  • 8:21 “I think too much reliance on Amazon means it’s very easy for someone to get into a groove, to have lots of things recommended that are sort of like what they had before.”
  • 11:07 The importance of having a diversity of skills and mentalities in the workplace. 
  • 11:37 The concept of peripheral vision, and the importance of creating opportunities for resourceful people.
  • 13:13 “Sometimes if you’re focusing too much on the algorithm, you’re overlooking the opportunities for creative change.”
  • 16:23 How to be intentional when using search engines.
  • 17:12 “Find a well-established site and form a relationship with it.”
  • 19:19 “When you’re evaluating anything based on metrics, it really pays to see what kinds of compromise might have been taken.”
  • 20:49 “There are a lot of problems in the feedback of medical efficiency.”
  • 23:49 “The most important thing for me in medicine is to be sure that the style of the doctor that you’re working with is a style you are comfortable with.”

Expert Bio

Contact Info and Social Media for Edward Tenner

Resources Mentioned by Edward Tenner

Below are key people, places, books, quotes, websites, and other resources that we discussed so you can explore further.

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Books Authored by Edward Tenner

  

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