Big Decisions Blog
The latest news and insights from the team at Hubbard Decision ResearchWhat 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...
Measuring the Value of Ideas: A Superhero Movie Case Study
What follows is a tale that, for business people, reads like a Shakespearean tragedy - or a Stephen King horror novel. It starts with the recent history-setting success of Avengers: Endgame and the notion that an idea has value - and if you don’t see it or won’t...
The One Question Every Risk Manager Should Ask
Risk management isn’t easy. At any given time, an organization faces many risks, both known and unknown, minor and critical. Due to limited resources, not all risks can be mitigated. Without an effective risk management process, not all risks can even be identified....
