Doug Hubbard, owner of Hubbard Decision Research, explains why subject matter experts must be calibrated like any other measurement instrument. Do you calibrate your subject matter experts (SMEs)? If not,… Continue reading WATCH REPLAY: Doug Hubbard – The importance of having FrankenSMEs during risk identification or decision making
Tag: Forecasting
WATCH REPLAY: Uncertainty based capacity optimization
https://2020.riskawarenessweek.com/talks/uncertainty-based-capacity-optimization/ Most companies apply capacity planning to define when to invest in what equipment in order to be able to meet demand. For most companies, this is done using a… Continue reading WATCH REPLAY: Uncertainty based capacity optimization
Risk management used to be a science, then it became an art, now it’s just bullsh@t
Latest views from Alex Sidorenko on how “innovation”, lack of business acumen and consultants are killing modern risk management in non-financial organizations. First there was science… Some sources suggest probability… Continue reading Risk management used to be a science, then it became an art, now it’s just bullsh@t