Harvard Business Review
OCTOBER 2, 2014
Starting in the late 1980s , academic researchers began to develop sophisticated predictive techniques to answer that question. Even Simon acknowledged that, as computers became more powerful and predictive models more sophisticated, heuristics might lose ground in business.
Leading Blog
APRIL 5, 2019
Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. Bayes is relevant to modern leaders because it can help them develop an approach to uncertainty that is less deterministic and more probabilistic. Here is a simple explanation of it.
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Harvard Business Review
OCTOBER 2, 2014
Starting in the late 1980s , academic researchers began to develop sophisticated predictive techniques to answer that question. Even Simon acknowledged that, as computers became more powerful and predictive models more sophisticated, heuristics might lose ground in business.
Women on Business
DECEMBER 20, 2012
Guest Post By: Andrea Simon, PhD., president of Simon Associates Management Consultants. They’re starting totally virtual companies, using the cloud for solutions and developing innovative ways to manage staff, time, family and work. About the Author: A cultural anthropologist, Andrea Simon, Ph.D.,
Harvard Business Review
SEPTEMBER 29, 2014
Consider first the increasing use of auctions, which have a distinguished history in the development of economics. Many large banks, other financial institutions and some large manufacturing companies also had their own economic staffs. Here a few notable examples. But that would be a mistake. This has all changed.
Harvard Business Review
JUNE 13, 2012
It's easy to assume that Jamie Dimon, the accomplished CEO of JPMorgan Chase, was simply stonewalling when he claimed that mounting trading losses in his bank were "blown out of proportion" — that he was unaware of how grave the situation really was. But I believe that Dimon literally didn't see perceive disaster unfolding before him.
Harvard Business Review
MARCH 25, 2016
It is questionable, for example, whether many thousands of pages of regulations have enhanced the banks’ ability to carry out their core mission of funding the real economy of goods and services for real human beings. The entrepreneurial society. This entrepreneurial success story has not happened overnight.
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