Importance Of Correlation In Business Decision Making Process
Posted on05 Feb 2018
Tagsvolatility, complexity, decision-making process, decisions, Harvard Business Review, quantify, uncertainty, ambiguity, Nathan Bennett, G. James Lemoine, correlation
Comments0
The importance of correlation in business decision making shows up in two main ways. First, people overweight factors. Second, they underweight them.... Read More
Dealing with Ambiguity
Dealing with ambiguity often occurs when doing things for the first time. The temptation is to make such events clearer than they... Read More
Dealing with Complexity
Posted on27 Nov 2014
Tagsemployees, G. James Lemoine, Nathan Bennett, VUCA, quality, problem solving, Harvard Business Review, efficiencies, complexity
Comments3
When dealing with complexity, simplifying it to the point of unrealism so it’s easier to understand becomes a major danger. As the... Read More
Apocalyptic Decision Making – Dealing with Uncertainty
When four horsemen of apocalyptic decision making (Volatility, Uncertainty, Complexity and Ambiguity [VUCA]) confront us, we tend to avoid them. We avoid... Read More
Apocalyptic Decision Making – Dealing with Volatility
Posted on18 Sep 2014
TagsApocalyptic Decision Making Series, G. James Lemoine, Nathan Bennett, VUCA, volatility, big data, comfort, Statistical Analysis, planning, history, Harvard Business Review, event, decisions
Comments5
Nathan Bennett and G. James Lemoine (“What VUCA Really Means for You” [Harvard Business Review, January 2014 edition]) superficially introduced the four... Read More
The Four Horsemen of Apocalyptic Decision Making
Posted on25 Aug 2014
Tagsurgency, silver bullet, emotional triggers, Why Problems Occur Series, volatility, uncertainty, rationale, quantify, Harvard Business Review, definitions, complexity, certainty, Apocalyptic Decision Making Series, Four Horsemen, G. James Lemoine, Nathan Bennett, VUCA, ambiguity
Comments4
The four horsemen of apocalyptic decision making are Volatility, Uncertainty, Complexity and Ambiguity or VUCA for short. Just as customers do when... Read More
