On December 9, McKinsey Quarterly did a reprint of a 1995 article by Jay Forrester, who died on November 16, about system dynamics. As said in the intro to the…
Today, I will endeavour to address an interesting conundrum: Why fairly sophisticated industrial organizations with outstanding in-house financial talent chose not to take into account uncertainty, the value of optionality…
(Disclosure: This blog post is based on an actual client engagement. The blog post has to some extent been anonymized / obfuscated, and has been approved by the client in…
Secretary of Defence Donald Rumsfeld said in a news briefing on February 12, 2002: “There are known knowns; there are things we know we know. We also know there are known…
We are what we search. This is the underlying assumption of this blog post. More precisely, we search for a specific term because we want to know more about this…
I read an interesting article some days ago in Information Management, by Navin Sivanandam and about “From big data to big decisions” (source: http://www.information-management.com/news/Big-Data-Decisions-Experiments-10026788-1.html). I then contrasted Sivanandam’s world with…
There are currently heated discussions in the IT community about the need for bimodal organizations, one mode focused on predictability, performance, and efficiency (Mode 1); and one focused on agility,…
