I'm a serious but hobbyist player with ~15k hands last month.
The thinking like a poker player is mostly about being upfront about your risk tolerances and then having a culture supporting people who make the best risk adjusted decision, even if it doesn't work out.
Expected Value is complicated because a 50% chance for $100 is the same as a 10% chance at $1000. It's the variance, not the EV that makes a lot of decisions hard.
You (and businesses) need to decide what risk is acceptable, communicate that clearly. Reward people who manage risk in a way that's aligned with the business even when it doesn't work out. Get rid of people who are either take too big risks, and people who don't take risks.
The thinking like a poker player is mostly about being upfront about your risk tolerances and then having a culture supporting people who make the best risk adjusted decision, even if it doesn't work out.
Expected Value is complicated because a 50% chance for $100 is the same as a 10% chance at $1000. It's the variance, not the EV that makes a lot of decisions hard.
You (and businesses) need to decide what risk is acceptable, communicate that clearly. Reward people who manage risk in a way that's aligned with the business even when it doesn't work out. Get rid of people who are either take too big risks, and people who don't take risks.