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September 28, 2023 35 mins

Season 1, Episode 9: Why Does It Feel So Wrong to Doubt the Data?

Episode Description:

Data doesn't lie—until it does.

In this thought-provoking episode of Why Does It Feel So Wrong to Be Human at Work?, hosts Pinaki Kathiari and Chris Lee explore the complicated relationship between data-driven decision making and gut instinct. From legendary art forgeries and tech valuations to corporate benefits and poker games, they show how numbers and intuition both play critical roles in how we navigate decisions at work.

They explore:

  • The seductive power of statistics—and why we blindly trust them
  • When data becomes a scapegoat for risky decisions
  • Stories from Blink, Thinking in Bets, Freakonomics, and The Wisdom of Crowds
  • How cognitive bias, loss aversion, and decision inertia influence leadership
  • The myth of the “perfect” decision and the danger of analysis paralysis
  • How to balance evidence and instinct to move forward with confidence
  • Prototyping, positioning, and decision-making as storytelling

If you've ever hesitated to act without "enough data," or ignored your gut because "the numbers say otherwise"—this episode is for you.

 

Timestamps:

  • 00:00 – Stats are seductive (and possibly fake)
  • 05:00 – Basketball analytics vs. coach instincts
  • 12:00 – Data as a scapegoat in decision-making
  • 20:00 – Benchmarking, benefits, and missed opportunities
  • 30:00 – The Getty Museum’s $10M forgery story (Blink)
  • 40:00 – Poker, gut calls, and the strategy of uncertainty
  • 50:00 – Hiring, resumes, and defensible decisions
  • 01:00:00 – Emotional investing, Nortel, and loss aversion
  • 01:10:00 – Combining instinct and evidence
  • 01:15:00 – Why prototyping is the new research
  • 01:20:00 – Final thoughts: balance, boldness, and trust

 

Books & Resources:

 

Mic-Drop Moments:

“We don’t make decisions with our heads. We justify them with our heads—but we make them with our hearts.”

“Data makes your choice defensible. Gut makes it meaningful.”

“Prototyping is the new research. Action is better than overanalysis.”

“Sometimes the data’s just there to catch the blame if it goes wrong.”

 

Connect with Us:

Pinaki Kathiari – LinkedIn | Local Wisdom

Chris Lee – LinkedIn | Gallagher Communication

 

Special Thanks:

Shoutout to the team at Local Wisdom for championing nimble data, to Gallagher for advancing human-first communications, and to all the brave decision-makers who dare to trust both numbers and instinct.

 

Let’s Hear It:

What do you trust more at work—your gut or the data? Tell us your decision-making story. We’re on LinkedIn, TikTok, or drop us a note at whydoesitfeelsowrong.com.

Special thanks to digital communication agency Local Wisdom (www.localwisdom.com) for really believing in our mission and making this podcast possible. 


If this episode made you think differently, laugh, or even yell out loud, we want to hear about it! Connect with us on LinkedIn, and don’t forget to rate, review, and share – maybe with your work bestie… or even your boss if you're feeling bold.

 

We also bring these important conversations to conferences and private workshops, creating space for real, meaningful change. Take the first step at www.whydoesitfeelsowrong.com.

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