Posts

Showing posts with the label Outside View

The Inside View – Implications & Suggestions – Asrar Qureshi’s Blog Post #882

Image
The Inside View – Implications & Suggestions – Asrar Qureshi’s Blog Post #882 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #882 for Pharma Veterans. Pharma Veterans  aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Artem Podrez Credit: Ivan Samkov Credit: Kindel Media The Inside View Daniel Kahneman, the renowned psychologist and Nobel laureate, introduced the concept of "Inside View" in his groundbreaking book, "Thinking, Fast and Slow." The Inside View is a cognitive bias that occurs when we make judgments and decisions based on our limited and often inaccurate understanding of a situation. We tend to overestimate our knowledge and abilities, leading to flawed assessments and suboptimal outcomes. Generally, all businesses prefer to keep their inf...

Why Are We Trapped in the Inside View – Mostly? – Asrar Qureshi’s Blog Post #877

Image
Why Are We Trapped in the Inside View – Mostly? – Asrar Qureshi’s Blog Post #877 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #877 for Pharma Veterans. Pharma Veterans  aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Samson Katt Credit: Max Rahubovskiy Credit: Pawet L. Scenario – A new product launch is being worked upon. Since it will be at least among the first three launches of this generic, if not the first, there is an air of secrecy around. Only a select few can know what is happening, even fewer who know the progress in real time. Ironically, they do not realize that it is not very difficult to know which company is working on which new product, unless they are cheating the government. Import data is available from customs department which shows the ...