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The pull of the status quo, however, can inhibit such a shift, and so executives end up managing the business with stale statistics. Considering Cause and Effect, to online roulette strategy dozen top rated online casino 61944 determine which statistics are useful, you must ask two basic questions.This allowed the team to recruit winning players without breaking the bank. Many business executives seeking to create shareholder value also rely on intuition in selecting statistics.And it will show you how to choose the best statistics for your business goals. Ignoring, moneyball s Message, moneyball, the best seller by Michael Lewis, describes how the Oakland Athletics used carefully chosen statistics to build a winning baseball team on the cheap.Persistent statistics reflect performance that an individual or organization can reliably control through the application of skill, and so they expose causal relationships. Its important to distinguish between skill and luck.Consider this case from Stanford professors David Larcker and Brian Tayan: The managers of a fast-food chain, recognizing that customer satisfaction was important to profitability, believed that low employee turnover would keep customers happy.Through my work, teaching, and research on these biases, I have identified three that seem particularly relevant in this context: the overconfidence bias, the availability heuristic, and the status quo bias.