Description
The trick, of course, is determining just how many of our successes (and failures) will also be attributed to eachand how we will discover ways to tell the difference ahead of time.
In most domains of life, skill and luck seem hopelessly entangled. Different levels of skill and varying degrees of good and bad luck are the realities that shape our livesyet few of us are adept at appropriately distinguishing between the two. Consider what we could accomplish if we were in a position to tease out these two threads, examine them, and use the resulting knowledge to make better decisions.
In this provocative book, Michael Mauboussin helps to untangle these intricate strands to offer the structure needed to analyze the relative importance of skill and luck. He offers concrete suggestions for making these insights work to your advantage. Once we bear in mind the extent to which skill and luck contribute to our achievements, we will discover ways to handle them in making decisions.
The Success Equation helps us move toward this goal by:
Establishing a foundation so we better bear in mind skill and luck, and can pinpoint where each is most relevant
Helping us develop the analytical tools necessary to bear in mind skill and luck
Offering concrete suggestions about how to take these findings and put them to work
Showcasing Mauboussin’s trademark wit, insight, and analytical genius, The Success Equation is a will have to-read for anyone seeking to make better decisionsin business and in life.