Elena Levi

Senior Product Manager, AppsFlyer
  • 09:20

!Cognitive biases of the different stakeholders : Don't blame the data

As product managers, we rely heavily on gathering data in order to make product and business-related decisions. But even with the best intentions at heart, many times our decision-making is affected by inherent biases and preconceived notions - not by empirical data.

This is a universal pain across organizations. 

 

In this talk, we will reveal the most prominent cognitive biases and explore mitigation tips to make better data-driven decisions. From Sales to Marketing and from Support to Dev we'll dive into each stakeholder, cover the most painful bias, explore how it affects the product, and how to deal with them.

 

Written by  Read 594998 times Last modified on Tuesday, 24 December 2019 22:43
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    Do Greens and crossbenchers who claim that transparency and integrity is at the heart of
    their reason for entering Parliament in the first place hear themselves?


    In the past few days they have mounted self-serving arguments against proposed electoral
    reforms that the major parties look set to come together to support.


    The reforms include caps for how much money wealthy individuals can donate, caps on the amount candidates can spend in individual electorates to prevent the equivalent of an arms race, and a $90million limit on what any
    party can spend at an election - actually less than the major
    parties currently spend.

    The proposed new laws also include lower disclosure
    thresholds for donations, thus increasing the transparency of who
    makes political donations in the first place.

    So the wealthy wont be able to hide behind anonymity while using their cash to influence election outcomes - and the extent
    to which they can use their wealth at all will be limited.


    The bill will further improve transparency by also increasing the speed and frequency that disclosures of donations need to be made.


    At present we have the absurd situation in which
    donations get made - but you only find out the details of who has given what to whom many months later, well
    after elections are won and lost.

    In other words, what is broadly being proposed will result in much greater transparency and
    far less big money being injected into campaigning by the wealthy.





    Teal Kylea Tink claimed the major parties were 'running scared' with the policy and warned the reform would 'not stop the rot' 











    Greens senate leader Larissa Waters (left) fired a warning shot - saying
    if it serves only the major parties 'it's a rort, not reform'. Teal independent ACT senator David Pocock (right) said:
    'What seems to be happening is a major-party stitch-up'

    Anyone donating more than $1,000 to a political
    party, as opposed to $16,000 under the current rules, will need to disclose having done so.
    And how much they can donate will be capped.


    Yet the Greens and Teals have quickly condemned the proposed new laws, labeling
    them a 'stitch-up', 'outrageous' and 'a rort, not a reform'. 

    They have lost their collective minds after finding out that Labor's proposal just might secure the support of the opposition.

    I had to double check who was criticising what exactly before
    even starting to write this column.

    Because I had assumed - incorrectly - that these important transparency measures stamping out the influence of
    the wealthy must have been proposed by the virtue-signalling Greens
    or the corruption-fighting Teals, in a united crossbench effort to drag the major parties closer to accountability.


    More fool me.

    The bill, designed to clean up a rotten system, is being put
    forward by Labor and is opposed by a growing cabal of crossbenchers.


    It makes you wonder what they have to hide.
    Put simply, the Greens and Teals doth protest too much on this issue.





    Labor is thought to be trying to muscle out major political
    donors such as Clive Palmer





    Another potential target of the laws is businessman and Teal funder Simon Holmes à Court





    The Greens have taken massive donations in the past, contrary to their irregular
    calls to tighten donations rules (Greens leader Adam Bandt and Senator Mehreen Faruqi are pictured)

    The major parties have long complained about the influence the likes
    of Simon Holmes à Court wields behind the scenes amongst the Teals. 

    And we know the Greens have taken massive donations from the wealthy in the past, contrary
    to their irregular calls to tighten donations rules.


    Now that tangible change has been proposed, these bastions of virtue are running a mile from reforms that will curtail dark art of political donations.


    The Labor government isn't even seeking for these
    transparency rules to take effect immediately, by the way.
    It won't be some sort of quick-paced power play before the next election designed to
    catch the crossbench out.

    They are aiming for implementation by 2026, giving everyone enough
    time to absorb and understand the changes before preparing for
    them.

    Don't get me wrong, no deal has yet been done between Labor and
    the Coalition. I imagine the opposition want to go over the laws with a
    fine tooth comb.

    As they should - because it certainly isn't beyond Labor
    to include hidden one-party advantages in the proposed design which would create loopholes only the unions are capable of taking advantage of, therefore disadvantaging the Coalition electorally in the years to come.


    But short of such baked-in trickiness scuttling a deal
    to get these proposed laws implemented, the crossbench should offer their support, not cynical opposition, to what is being advocated for.



    They might even be able to offer something worthwhile that could be incorporated in the package.


    To not do so exposes their utter hypocrisy and blowhard false commentary about being in politics to 'clean things
    up'.

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