Improving your quantitative data with expert elicitation
Don’t have enough hard data to make a decision? Then have people vote on it. But not just any people – get the experts to vote on the matter and do it in
Don’t have enough hard data to make a decision? Then have people vote on it. But not just any people – get the experts to vote on the matter and do it in
What lies behind those three words – Strategic Risk Management? It’s a question worth asking because a) SRM is a relatively new field, and b) there is still confusion between …
Where did decision analytics come from? And where is it headed in the future? The term decision analysis was coined by Ronald A. Howard, Professor of Management Science and …
It’s the title of a book. But is it also a deeper observation about what it takes to put good business intelligence in place? Behind this apparently innocuous catch-all pairing …
Risky business – bad news? Not necessarily. While the word risk has a negative connotation for some, it’s a source of business opportunity for others. Good risk analysis …
Energy and environmental models are often complex. Sensitivity analysis is a natural choice to improve understanding of such models and to see which input parameters have …
Think data modeling is just for the geeks? Think again! Even if deep down in the IT layers data models can make Egyptian hieroglyphs look like a Dr. Seuss book by comparison …
If extensions to your business modeling activities depend on convincing upper management of the utility of business decision support software, then a few ‘selling’ tips may help.