Thursday, March 31, 2016
Are the Golden State Warriors committing the "best practices" fallacy?
The New York Times Magazine has a good article on how a venture capital firm took over the Golden State Warriors and turned a $450Million investment into $2B enterprise.
While reading the article I couldn't shake the feeling that the article, and the GS organization, were falling victim to the “best practices” fallacy: that you adopt a practice that leads to an outcome, and you mistakenly infer causality. It could be, but I am enough of a skeptic to remain unconvinced.