Posts Tagged ‘Scenarios’

What Happened Versus Why It Happened

How can we address alternative facts?  I think we should differentiate realities that can be empirically verified versus assertions about why these realities have occurred.  Succinctly, we need to differentiate data and evidence from various pundits’ interpretations. I am constantly amazed at the wealth of pundits available who will comment on anything.  There are thousands […]

Advocacy Driven Decision Making

Within much of engineering, and particularly, operations research, the goal is often the “best” decision that maximizes or minimizes a well-defined criterion or objective function.  One can then, for example, employ mathematical programming to calculate the lowest cost routes for delivery trucks.  Often one can even mathematically prove that these routes are best. Over the […]

The Toughest Problem

Over the past two decades, I have often asked executives about their toughest problem.  Not surprisingly, they use many different words to answer this question.  However, there is quite a consensus around, “Running the enterprise I have while trying to create the enterprise I want.” Keeping the existing enterprise running tends to be a very […]

Four Scenarios for Academia

What will the academic world be like in 25 years – 2035?  Thinking 25 years into the future is quite difficult, as is evidenced by thinking back to 1985 and imagining our current iPhones, Kindles, and pervasive social technology such as Facebook. Nevertheless, it is interesting – and potentially useful – to consider future scenarios.  […]