Uncertainty is a business perennial, and making decisions in uncertain times is a staple on the manager’s agenda; it comes with the territory. But decision-making can be made easier, particularly when a manger has a framework to analyze the uncertainty and determine how he or she should go forward. This author describes a dynamic, highly useful framework managers can use.
Author: Bhaskar Chakravorti
Source: Ivey Business Journal
Subjects: Management, Risk Management