by Don Creswell | Jun 5, 2013 | ValuePoint™
Measurable Uncertainty and Unmeasurable Uncertainty Oxymorons? At first I thought so. If it’s uncertain, how can it be measurable. Then I ran across the writings of Frank Knight, a renowned economist and a founder of the so-called Chicago school of economic thought....
by Don Creswell | Jan 21, 2013 | ValuePoint™
It All Depends In response to the rhetorical question posed in the title of this month’s article, my answer is “it all depends.” If the decision at hand is fairly straightforward; if the decision maker has considerable experience and if the impact of a poor or bad...
by Somik Raha | Aug 9, 2012 | Strategy, ValuePoint™
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...
by Don Creswell | May 1, 2012 | Strategy, ValuePoint™
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...
by Jim Matheson | Mar 12, 2012 | Strategy, ValuePoint™
In my last ValuePoint, I introduced the concept of the Strategic Intelligence of an organization, and described it by the embodiment of Nine Principles of the Smart Organization, as illustrated in the figure. This kind of Organizational Intelligence, among other...
by Jim Matheson | Feb 8, 2012 | Strategy, ValuePoint™
Those who lost out Like many before it – Digital Equipment, NCR, Westinghouse, Motorola, Syntex, ATT, General Motors, etc. – Kodak has been put on corporate life support (bankruptcy). The world is watching to see if the company can be revived as a shadow of its former...
