Big Decisions Blog

The latest news and insights from the team at Hubbard Decision Research

Where Standards are Worth Over $1 Billion

Hubbard Decision Research showed how standards are worth more than $1 billion per year in the insurance industry.  ACORD is a not-for-profit association created by the insurance industry to facilitate the development of standards for its members. Most major insurance...

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Snow Daze

It has been a heck of a winter for Portland, OR. The city has had nine school closure days due to snow and other winter weather. Per local reports, the metro area has been effectively shut down on many of these days. Portland’s transportation bureau budgets $300K a...

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Project Management/Project Risk is the #1 Measurement Challenge

According to our recently completed “Measurement Challenges” survey, project risk and project management-related issues are the #1 most frequently identified measurement challenges, followed closely by change management and organizational transformation.  The survey...

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Hunting Wolves in Wisconsin

Hunting Wolves in Wisconsin

Given the current pricing of wolf hunting licenses in Wisconsin, it is unlikely that revenue from the wolf licenses offset the negative effects wolves have from killing deer, livestock, and dogs. However, there are two caveats to this statement: first, to make this...

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Feeling the Beat

“Google searches, Twitter feeds, and even Amazon sales ranks produce a lot of data—data that can be used to identify trends in real time and help business leaders get ahead. ‘There’s a revolution in data about society,’ says Douglas Hubbard, author of Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities (Wiley, 2011).

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Reversed columns in regression example

On page 173 of the 2nd edition of How to Measure Anything, I show a formula for estimating ratings points of a TV show based on the correlation to weeks spent promoting the show.  The formula shown is actually an estimate of promotion weeks based on ratings points...

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