I was reading an article in Project Manager Today magazine (more interesting than it might sound) about 'Unknown Unknowns and Risk' and it made reference to Donald Rumsfeld's infamous comment about "we know there are some things we do not know". Actually, he was making sense in a garbled sort
Joining SAS in North Carolina as a marketer from New York City has been a real eye opener. Language like OLAP, DI, ERM, DPPM and various other business intelligence buzzwords have been thrown my way in a vernacular I am not completely used to. The cuisine and culture are a
I recently visited New York to attend the PRMIA Frontiers of Technology Forum to hear and discuss the main issues that are impacting the world of risk management. While I was travelling, the airline misplaced my luggage. Reliable information, whether it’s related to finance, risk, marketing, sales – or to
Rhesus monkeys can figure out basic probabilities, according to this study. Now I suppose that given enough monkeys and time, they might even replace your forecasting department. But I wouldn't worry. They haven't even managed to come up with the works of Shakespeare yet.
In the UK there is debate forming about how best to target benefits on the most deserving cases without building a dependency culture. For some time the UK Government has been using 'means tests' to ascertain whether a claimant needs State support, or whether they have independent resources that they
Research from a University of Pennsylvania professor and a Cornell University graduate student says yes, according to the New York Times (registration required). Judging by comments on the article, many Times readers disagree. In 2005, when the NBA Most Valuable Player (MVP) award raised similar questions, three Southeastern economists turned