Key Decision Guidelines 1. Clarify Decision Terminology
1. Clarify decision terminology to make sure everyone on your team is reading from the same “playbook.” Read MoreMake Important Decisions Better with Structured Decision Making
Determining the best way to make decisions and set priorities has been a topic for debate since ancient times. Science and experience are finally converging to advise us on clear approaches to make better decisions. Read More
Posted in
Expert Choice,
decision making skills,
decision-making
0 Comments
What does risk mean to you?
Perhaps you’d say risk is the chance or danger that something is going to happen to cause you to lose something or fail to achieve some goal? WIkipedia defines Risk as the potential of gaining or losing something of value. But did you know there are two types of Risk—the risks you take and the risks you face? With the former you have control... Read More
Posted in
risk,
risks you take,
risks you face,
risk wikipedia,
risk definition,
Comparion,
Riskion
0 Comments
Effective Decision Making: A common blind spot kills productivity
Being a good leader requires more than just knowing the right way to do things. It also requires knowing how to choose the right things to do. Decision-making is undoubtedly the most difficult and essential task a manager performs. Effective decision making makes it possible for organizations to succeed by aligning resources with objectives.... Read More
Posted in
Blog,
Business,
decision-making
0 Comments
Tesla Test Drive
Can Expert Choice Comparion improve on the Black Sholes Options Pricing Model? Read More
Posted in
Blog
0 Comments
Presidential Voting Model
Find Your Political Match – Why should dating sites have all the fun? Read More
Posted in
decision-making
0 Comments
Wisdom of Crowds
The increasingly interconnected world no longer supports the belief that decision-making is best left in the hands of an enlightened elite. Sharing relevant enterprise-information across projects and/or departments engages workers and can improve performance. Leveraging available social media develops more robust channels of internal... Read More
Posted in
Business,
decision-making,
Uncategorized
1 Comment
02
Dec
Portfolio Optimization and Sequestration
Fiscal cliff readiness? How can we manage the damage sequestration can cause to our programs? Read More
16
Nov
AHP: Subjective Decisions are Rational
There's not as much difference as we might think between subjective vs objective assessments. That's because all important decisions are really subjective? This means that you are wise to consider subjective factors, and resist calls to rely only on "objective facts" when you make important decisions. Here's why. Read MoreDo you know the difference between investing and gambling?
What is the difference between investing and gambling? The short answer is that in the long run, gambling will result in a loss, but investing will result in a gain. But how do you know which is which? In order to tell, you need to know something about the probability distribution. Following along the arguments presented in the book, The... Read More
Posted in
gambling,
investing,
probability distributions,
Business
0 Comments