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Quote by Leonardo da Vinci

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Leonardo da Vinci
Leonardo da Vinci

Leonardo da Vinci was an Italian Renaissance polymath whose works and ideas had a profound influence on the world. He was a renowned painter, sculptor, inventor, scientist, musician, and engineer. more

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“Most problems, decisions, and performances are multidimensional, but somehow the results have to be reduced to a few key indicators which are to be institutionally rewarded or penalized... The need to reduce the indicators to a manageable few is based not only on the need to conserve the time (and sanity) of those who assign rewards and penalties, but also to provide those subject to these incentives with some objective indication of what their performance is expected to be and how it will be judged... key indicators can never tell the whole story.”

NeedsWholeStoriesProblemDecisionResultsSubjectsKeysPerformancesRewardsExpectedObjectivesSanityJudgedPenaltiesIncentivesIndicationIndicatorsManageable
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“One of the most basic and pervasive social processes is the sorting and labeling of things, activities, and people... Sorting and labeling processes involve a trade-off of costs and benefits. In general, the more finely the sorting is done, the greater the benefits - and the costs... Sorting and labeling, whether of people or of things, is a sorting and labeling of probabilities rather than of certainties.”

PeopleDoneSocialProcessGreaterCostActivityBenefitsTradeCertaintyProbabilityLabelingSortingTrade Offs
Author:Thomas Sowell
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