StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve better results. These podcasts elaborate on the best practice and warning flag posts on the StrategyDriven website.
Episode 19 – Validate the Extremes elaborates on Strategic Analysis Best Practice 8 – Validate the Extremes. This discussion:
- 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
- recommends questions analysts should ask to prevent being misled by erroneous model output