Blog

April 23, 2022

Simulation-Based Credit Analytics: Managing Tail Risk and Uncertainty

ESG, the Pandemic, the Russian invasion, and other events create significant credit uncertainty. The chaotic nature of a new uncertainty world creates significant differences in terms of how people respond and the changes related to their credit behavior. The article described why the new phase largely invalidates credit loss point estimates of the recent past and suggests an alternative credit loss estimation approach using Monte Carlo simulation modeling
January 30, 2022

Third-Party Risk Management: Getting the Most of Limited Risk Management Budgets

Over my almost 30 years in the banking and decision sciences business, I have had the privilege of hiring, managing, leading, and being led by many fabulous people. My personal style and approach to people management and leadership have evolved over the years. My evolution has much less to do with the changing hiring environment or even the differences between generations, and more to do with my own personal journey and leadership experiences.
November 14, 2021

Diamonds In The Rough: A Perspective on Making High Impact College Hires

Over my almost 30 years in the banking and decision sciences business, I have had the privilege of hiring, managing, leading, and being led by many fabulous people. My personal style and approach to people management and leadership have evolved over the years. My evolution has much less to do with the changing hiring environment or even the differences between generations, and more to do with my own personal journey and leadership experiences.
October 8, 2021

Effectively Using Decision Support Solutions (Part III of III): Decision Support Solution

Decision support solutions can be a big help to bring together people with different loci of control, different professional judgments and for the purpose of driving optimal and efficient decisions.
October 1, 2021

Effectively Using Decision Support Solutions (Part II of III): The Train Thought Experiment

Decision support solutions can be a big help to bring together people with different loci of control, different professional judgments and for the purpose of driving optimal and efficient decisions.
September 24, 2021

Effectively Using Decision Support Solutions (Part I of III): Psychological Foundation

Decision support solutions can be a big help to bring together people with different loci of control, different professional judgments and for the purpose of driving optimal and efficient decisions.
April 8, 2021

How Many Choices Do You Need to Make a Great Decision?

The benefits of high quality and high velocity decision-making will accrue to those who harness the power of big data by integrating prescriptive analytics with the knowledge and wisdom of decision-makers.
July 2, 2018

Prescriptive Analytics: Where Big Data Meets Big Judgment

The benefits of high quality and high velocity decision-making will accrue to those who harness the power of big data by integrating prescriptive analytics with the knowledge and wisdom of decision-makers.
May 13, 2018

Mergers & Acquisitions: Moving from Haphazard to Fact-Based Decision-Making

Statista reported that in 2017, the value of global M&A deals amounted to 4.74 trillion U.S. dollars. Yet study after study puts the failure rate of mergers and acquisitions somewhere between 70% and 90%.
April 10, 2018

How Optimization Moves Group Decisions Beyond Good and Better

In prior blogs, I have shared proven techniques and methodologies for improving group decision-making and have discussed opportunities to use those techniques and methodologies to solve complex problems such as formulating a budget, selecting investments, managing strategic alliances, and even reforming the U.S. immigration system. In all these examples, there exists a need to evaluate and prioritize a set of alternatives, which when done well, can represent a quantum leap […]