Big Decisions Blog
The latest news and insights from the team at Hubbard Decision ResearchTrojan Horse: How a Phenomenon Called Measurement Inversion Can Massively Cost Your Company
Overview: A Trojan horse is anything that introduces risk to an organization through something that appears to be positive Measuring the wrong variables is a Trojan horse that infiltrates virtually every organization This phenomenon has a real cost that can be...
These Two Problems Are Why Innovation Initiatives Fail
Overview: The most common reason organizations fail at innovating might not be what you think Defining what innovation means to an organization is critical for success Even the best-defined innovation initiatives fail if they aren't properly measured Innovation has...
What the Manhattan Project and James Bond Have in Common – and Why Every Analyst Needs to Know It
Overview: A powerful quantitative analysis method was created as a result of the Manhattan Project and named for an exotic casino popularized by the James Bond series The tool is the most practical and efficient way of simulating thousands of scenarios and calculating...
Are We Already In a Recession?
Overview: Fears of a recession are rising as experts attempt to predict when a recession will officially occur Forecasting a recession, for most practical purposes, is irrelevant to decision-makers Decision-makers need to ask the right questions that will help them...
Going Beyond the Usual Suspects in Commercial Real Estate Modeling: Finding Better Variables and Methods
Overview: Quantitative commercial real estate modeling is becoming more widespread, but is still limited in several crucial ways You may be measuring variables unlikely to improve the decision while ignoring more critical variables Some assessment methods can create...
Applied Information Economics in ISACA Journal Feature on Quantitative Risk Management
Risk management methodology, until very recently, was based mostly on pseudo-quantitative tools like risk matrices. The use of these tools has actually introduced more error into decision-making than they removed, as research has shown, and organizations are steadily...
Doug Hubbard to Give Public Lecture on “How to Measure Anything” at University of Bonn June 28, 2019
Many things seem impossible to measure - so-called "intangibles" like employee engagement, innovation, customer satisfaction, transparency, and more - but with the right mindset and approach, you can measure anything. That's the lesson of Doug's book How to Measure...
Top Under-the-Radar Cybersecurity Threats You May Not See Coming
In every industry, the risk of cyber attack is growing. In 2015, a team of researchers forecasted that the maximum number of records that could be exposed in breaches – 200 million - would increase by 50% from then to 2020. According to the Identity Theft Resource...
