StrategyDriven Podcast Episode 19, Validate the Extremes, examines why and under what circumstances models generate less than accurate results, provides an example illustrating the kind of model output which could lead decision-makers to take inappropriate action, and recommends questions analysts should ask to prevent being misled by erroneous model output.
StrategyDriven Podcast Episode 18 identifies why a diverse set of models should be employed during performance of a strategic analysis, describes the steps used to select the appropriate models for an evaluation, and explores the risks of using models and what to do if a situation arises where an appropriate model is not available to support the evaluation.
“In business and in life, we are often faced with the choice of doing that which is right or that which is expedient. For the achiever, the choice is clear; for the road to greatness is never easy.” StrategyDriven Contributors
It is the privilege of professional executives and managers to lead the men and women of their organizations toward the achievement of its mission goals. As such, these leaders are responsible for acting with the utmost integrity; leading in both a moral and ethical manner. Doing so promotes trust, accountability, and group cohesion; forming the foundation of high team effectiveness.
“To succeed as a team is to hold all of the members accountable for their expertise.” Mitchell Caplan Chief Executive Officer, E*Trade
StrategyDriven Podcast Episode 17 elaborates on why models should be used during a strategic analysis, identifies the specific benefits and risks of using models, and describes what to do if a situation arises where an appropriate model is not available to support an evaluation.
StrategyDriven Podcast Episode 16 defines what a multidiscipline team is, identifies why multidiscipline teams are needed to support strategic analysis, and lists the steps needed to form a multidiscipline team that collectively possesses the knowledge and skills to effectively perform a strategic analysis.
“Success is never permanent, and failure is never final.” Mike Ditka NFL Player and Head Coach and one of only two men to have won the Super Bowl as both a player and a head coach
StrategyDriven Podcast Episode 15 examines the benefits of using independent assessors, identifies sources of impartial evaluators, and describes the critical characteristics independent assessors should possess to maximize their effectiveness.