Dr. Michael Orkin is a statistics professor at Berkeley City College and a consultant known for his work on probability and gambling games. He is the author of several books, including The Story of Chance - What's Luck Got To Do With It?.
Mentioned on the Show
Timestamps
(00:00:00) – Michael Orkin, PhD joins O’Brien McMahon on People Business
(00:01:55) – Why are we so uncomfortable with randomness?
(00:02:38) – Where do we benefit from embracing randomness, and where should we fight for order?
(00:12:54) – Why are we so bad at gauging probability?
(00:15:30) – Should we stop talking in probabilities for complex things?
(00:21:44) – How do we know if we are skilled or it’s just chance (or luck)?
(00:22:36) – Does luck play a role in success?
(00:35:12) – Understanding the normal distribution curve
(00:37:22) – How can companies think about elevating the talent that they have?
(00:42:17) – What are the best ways to get feedback from our workforce or team?
(00:44:18) – What would be the best way to get insightful information from large groups?
(00:46:23) – The Lollapalooza story
(00:49:24) – Where to find the book The Story of Chance: Beyond the Margin of Error, by Michael Orkin
