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The Key to Creating a Feedback Loop

by Miki Saxon

http://www.flickr.com/photos/miran/5792635506/A feedback loop is the combination of process and culture that keeps a boss aware of what’s going on in the organization, no matter the level, scope or size.

I recently sent KG Charles-Harris a link to an article and a question, “Do you think that experts like Craig Pirrong and Scott Irwin actually believe they really aren’t influenced by the funding they receive from the same groups they are supposed to objectively critique?”

Pirrong and Scott are academics and their funding is from Wall Street, but the situation is similar to the doctors who receive funding from the pharmacies whose drugs they extol in independent symposiums or the researchers who vindicate the food companies that pay for their studies and their labs.

KG replied with a quote from Upton Sinclair, “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

Succinct, accurate and something for all bosses to stay aware of when creating their group’s feedback loop.

Flickr image credit: Stan and Miran

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