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“… we noticed that highly talented business performers are very similar to each other. (…) This led us to realise that business itself is an orderly closed system of relations between principles, and that so-called intuitive experts in business have an implicit grasp of this.”

2:39 PM · Jul 18, 2021Tweetbot for iΟS

Oh my god. “This research led to a standardised instrument for measuring business expertise among a stage-like continuum (…) these instruments have proven to be extremely reliable predictors of expertise for both executives and executive teams.”

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These sorts of interventions shouldn't be possible. tl;dr DiBello and her team prevented a CEO coup by showing that he had capabilities the rest of the exec team didn't.

(Page shots continued). The implications are ridiculous: 1. There is an expert mental model of business that is common across industries. 2. So DiBello and team can test expertise levels. 3. And they can design training programs that compress acquisition of such expertise.

The paper does not reveal what that mental model is!

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FWIW, I've mentioned DiBello here before:

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Jun 17, 2021

“Business is a bounded domain like chess … but instead of four corners on the board, business has three corners: capital, supply and demand. The best businesspeople are able to model how changes in each corner related to the others.”

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I mean, the field DiBello belongs to (NDM) specialises in extracting tacit mental models of expertise, and she's built her entire career consulting for companies, developing this method of training over 20 years. So I find her believable. But she doesn't seem to have published?

Accelerated Expertise: Training for High Proficiency in a Complex World

The only other book with her name on it is: routledge.com/Accelerated-Ex Which generalises the principles for accelerated expertise acquisition, but isn't about business specifically. (I've not started it, only skimmed, but looks promising for that purpose).

routledge.com

Speed in acquiring the knowledge and skills to perform tasks is crucial. Yet, it still ordinarily takes many years to achieve high proficiency in countless jobs and professions, in government,...

How Do You Find an Expert? Identifying Blind Spots and Complex Mental

I stand corrected. The extracted mental model is described here:

taylorfrancis.com

The assumptions we create around leadership most likely have their roots in director-centric, rationalistic Cartesian models of decision making and

Download the chapter here: wtri.com/wp-content/upl Reading it now, this is pretty fascinating.

"... people who have achieved a high level of business expertise have a deep understanding of (1) factors involved in effective operations, (2) forces influencing the market, and (3) those driving business finance and economic climates."