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Decision Markets Outperform Committees (But Trust In Them Is Low)

The Horizons Tracker

The results revealed that groups can perform pretty well when the members have common incentives and interests, and can even outperform prediction markets. This isn’t the case when there are conflicts of interest among members however. Lack of trust.

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How Risk Reduction Is (and Isn't) Rocket Science

Harvard Business Review

How do you get a five-ton spacecraft safely to Saturn and land a probe on its largest moon when your project involves three space agencies, 17 countries, 18 separate scientific payloads, and 250 scientists working across 10 time zones? Maintain a constant focus on talent development for their teams and, in particular, their project leaders.

Project 16
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How Risk Reduction Is (and Isn't) Rocket Science

Harvard Business Review

How do you get a five-ton spacecraft safely to Saturn and land a probe on its largest moon when your project involves three space agencies, 17 countries, 18 separate scientific payloads, and 250 scientists working across 10 time zones? Maintain a constant focus on talent development for their teams and, in particular, their project leaders.

Project 13
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Why Your Partnership Contract Is Too Important to Be Left to the Lawyers

Harvard Business Review

Changing technology and markets make it impossible to foresee future contingencies. Uncertain project requirements make it impossible to specify all costs and benefits. Links to other projects make it hard to isolate costs and benefits of the transaction. Difficulties in Negotiating a Transaction.

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The Steep Psychological Price of Starting Your Own Company

Harvard Business Review

This quote is only one of the candid and deeply felt points relayed by the entrepreneurs interviewed for this piece on the anxiety, depression, and stress that often go hand-in-hand with building a start-up (95% of which don''t meet their projections). Vulnerability, says former entrepreneur and psychiatrist Michael A. . —Andrea Ovans.

Price 8
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The Most Overlooked Part of Your Data Security

Harvard Business Review

Organizations constantly replace outdated computers, servers, laptops, copiers, and countless other types of electronic devices to keep up with technology and enhance worker productivity. During a recent IT asset disposal project for a large New York bank, a chain-of-custody audit revealed three computers were untracked.