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The New Third Rail

By Rick Nelson, TAG Co-Founder and Chairman of Launch ConsultingPolitics, religion, and _________?When I was young my father taught me that the two topics sure to cause strain on relationships and conflict when discussed were Politics and Religion. That has proven to be correct - especially in 2020!I’ve taught my children the same -- but it’s time to add another topic to that list: Data Interpretation. That’s right the new third rail in conversation or discussion is data-driven analysis. It can be an area that is charged and fraught with risk.What was once thought to cure to all our ills, the indisputable way to make any decision, has become the inflection point for argument, debate and consternation. And for good reason:1. All data is not created equal2. Analysis is subject to human bias3. Dissemination of the data is easily skewed.And then we: rarely have access to all the inputssource check (if we do) from places that support our biastreat the things we hear (and approve of) as if they are absoluteNo silver bullet here. My suggestions:1. Ask questions with integrity2. Think of every issue from the side that makes you uncomfortable3. Research the topic together and aim to learn something newCan you share thoughts on how to open the dialogue when observations of the same data conflict with yours?Please send me a note at rnelson@tagroupholdings.com

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