Head and Heart of Decision-making

Head and Heart of Decision-making

In a remarkable paper in 1980, titled “An Assessment of Decision Analysis,” Stanford’s Professor Ronald Howard wondered if Buddha was the “First Decision Analyst” and wrote the following: There are those who believe that there is something “cold and inhuman” about...
You Can’t Forecast Accurately…But

You Can’t Forecast Accurately…But

I lifted the following story from Grant Williams’s article from (John Mauldin’s “Outside the Box”) newsletter: During World War II, [Nobel laureate, Ken] Arrow was assigned to a team of statisticians to produce long-range weather forecasts. After a time, Arrow and his...
Revitalizing your Organization’s IQ

Revitalizing your Organization’s IQ

In our past three issues, Jim Matheson penned a series of articles, building from the reasons companies like Eastman Kodak and others fail from “brain death”, to Organizational IQ, which measures the ability of an organization to get smart and avoid brain damage. Much...