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Cognition
Survivorship Bias
Invisible Failures.
The article
If
We study only the successes that survived and draw conclusions from them, ignoring the silent graveyard of failures that used the same strategy. The data we see is fundamentally skewed.
Then
“Before adopting a strategy because "Company X succeeded with it," research how many companies failed using the same approach. The dead don't write blog posts.”
Unless
Failure Studies / Post-mortem Culture
Source
Abraham Wald, A Method of Estimating Plane Vulnerability (SRG Memo, 1943) — the WWII bomber-armor analysis.
Go to the sourceSee also