The frequency of the costs, turnover, and investment forecasts (budgets and business plans) changes for the CEO and all enterprise information system users as we approach to the forecasted date. Obviously, depending on the medium (business environment), this effect will vary. Then, we’ll need to analyse not only the costs, …
Decision Science ain’t to take the mickey. DS is very useful, with many applications and methodologies. However, sometimes we can find ourselves puzzled. I imagine this must be like when I explain what Business Strategy is, considering it a mix of SCIENCE with a hint of ART. I already talked …
Mr Smith, XVIII century’s great grand-father of modern economics, devised the power of the market as the main driver (anyone for the “invisible hand”?). As in “A Beautiful Mind” we can hear: “every man for himself”, because the own interest will tend to get the main group’s interest. Following Mr …
Get a group of people into an office for a 3-day weekend and they would come with a great idea for creating a company. Well, sorry, they’ll create a company. Which one is the latest created company by means of this methodology?: VOSNAP. They define this web application (of course, …
After receiving this March’s Decision Analysis Society Newsletter I searched the web after some more quotes on decision making. Here you have a good link: Decision Making Quotes. Regards, F Marco-Serrano PS The quote in question was a Pytagoras’ one: “Choose always the way that seems the best, however rough …