In a recent Forbes article, columnist Rob Asghar interviews me on leadership in the era of coronavirus:
Why do leaders, and their organizations, tend to be blind to future threats? Orlando says it has in part to do with a simple cognitive issue. “I spend a lot of time promoting financial literacy—basic understanding of important concepts like compound interest,” he says. “Human beings have a hard time getting their mind to accept that small growth rates lead to big numbers in a hurry. When the virus first appeared in the US, a lot of people said things like, ‘It’s only a thousand cases, what’s the big deal?;’ That was a basic lack of numeric literacy. They couldn’t project how fast 1,000 could grow to 100,000. It’s hard to comprehend, intuitively, especially if you’ve never seen it happen before.”
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