What We Are Reading

Business Books

The Signal and the Noise: Why So Many Predictions Fail — but Some Don’t
Nate Silver
Penguin Press HC, 2012

From the Book: The author examines the world of prediction, investigating how we can distinguish a true signal from a universe of noisy data. Most predictions fail, often at great cost to society, because most of us have a poor understanding of probability and uncertainty. Both experts and laypeople mistake more confident predictions for more accurate ones. But overconfidence is often the reason for failure. If our appreciation of uncertainty improves, our predictions can get better too. This is the “prediction paradox”: The more humility we have about our ability to make predictions, the more successful we can be in planning for the future.

Power Listening: Mastering the Most Critical Business Skill of All
Bernard Ferrari
Portfolio Hardcover, 2012

From the Book: Nothing causes bad decisions in organizations as often as poor listening. But Bernard Ferrari, adviser to some of the nation’s most influential executives, believes that such missteps can be avoided and that the skills and habits of good listening can be developed and mastered. He offers a step-by-step process that will help readers become active listeners, able to shape and focus any conversation.

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