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The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

Prediction markets are often highly effective means of bringing together diverse perspectives, and have been shown to outperform individuals and teams in a wide range of tasks. A recent study from the University of Lancaster suggests they could also be effective in helping us assess future climate risks. ” Understanding climate risk.

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Because soccer is a low-scoring sport, the win/loss outcome of a game is not an accurate representation of the actual performance of a team, and therefore the intrinsic value of its players. Their key performance metric became “expected goals” for and against a team, based on the quality and quantity of chances created during a match.

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Secure leadership for an insecure economy

Chartered Management Institute

Workers on zero-hours contracts will almost certainly struggle to get a mortgage and solid credit rating. Whether you are looking for topical tips or information, you can find the latest advice and guidance from the CMI team here. Here are five things you may not know about insecure work: 6.2 It can cripple you,” says Jaroslav.

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Three Questions to Ask Your Advanced-Analytics Team

Harvard Business Review

The idea is that direct driving behavior over time will be more predictive than traditional proxies such as age, credit rating, or geography. This telematics data is then entered into actuarial models to predict driving risk (and thus insurance premiums).

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Creating a New Approach to Engineering and Innovation at Hitachi Metals - SPONSOR CONTENT FROM HITACHI METALS, LTD.

Harvard Business Review

To do this, Inoue and his team at GRIT are preparing to work in new ways, both inside the organization and with outside partners, to create products as the company looks to the electric vehicle, aircraft and energy sectors for future revenue streams. This is a big step for Hitachi Metals.

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Using Digital Exhaust to Improve Sales

Harvard Business Review

It also allowed organizations to communicate and coordinate more effectively across large sales account teams. When the GoToMeeting team looked at the relationship between language and sales outcomes, they found that the less-frequently used phrases actually correlated more strongly with sales.

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Badges? We Don’t Need No LinkedIn Badges

Harvard Business Review

These hacks are things like badges, diplomas, dress codes, and, as it happens, credit ratings. But I no longer need to do that because from the social I can find out if you are smart, a hard worker, a team player, an expert on the endochronic properties of resublimated thiotimoline or whatever. Workarounds. Approximations.