This post is part of the Health Affairs Forefront short series, “Value Assessment: Where Do We Go Post-COVID?” The series explores what we have learned about value assessment and related issues during ...
We make decisions every day, many of which are so straightforward that we hardly notice we are making them. But we tend to struggle when faced with decisions that have uncertain outcomes, such as ...
Business schools and other professional programs teach powerful analytical methods for using information to make decisions. These methods are important and need to be learned. But what happens when ...
Seems like everything these days is COVID-19. Recently the editor of the Journal of Business Forecasting asked me to write an article on demand planning under uncertainty.* Initially it sounded ...
Dr. Gary Klein is a cognitive psychologist and one of the world’s foremost experts on human decision making. I had the opportunity to talk with him recently about the present pandemic, and I asked him ...
In today’s economic landscape, uncertainty across the supply chain is inevitable, whether due to the effects of climate change, demand and supply variability, or global unrest. To keep up, supply ...
Almost two-thirds, 63%, of Americans are deferring financial decisions about vacations, car and home purchases and remodeling projects until after the November election, according to a recent survey.
Engineering leaders rarely get perfect information, so the job is learning how to decide, experiment and communicate clearly when the data is messy. Engineering leaders face many situations where the ...