The main aim of the Handbook is to provide builders of composite indicators with a set of recommendations on how to design, develop and disseminate a composite indicator. In fact, methodological issues need to be addressed transparently prior to the construction and use of composite indicators in order to avoid data manipulation and misrepresentation. In […]
As DeLillo matured as a writer, his detritus increased . . . . in the early eighties, he began . . . to type each paragraph over and over, often on its own page, so that within a draft a paragraph may appear a dozen times on a dozen sheets, as he works it to […]
What [Hendrik] Bode was saying was this: “Knowledge and productivity are like compound interest.” Given two people of approximately the same ability and one person who works ten percent more than the other, the latter will more than twice outproduce the former. The more you know, the more you learn; the more you learn, the […]
One of the core tenets of organizational behaviour is that there is no single best way to do something. The best way to do something quite often depends on the specifics of the situation. What works under one set of circumstances may not work under a different set of circumstances. For example, a highly directive […]
Performance measurement systems are widely used by organizations in both the public and private sectors, with the objective of improving decision making and performance. The cost associated with building and implementing these systems is high, yet many fail to deliver the expected results. This paper proposes an evaluation method and framework using an evidence‐informed theory […]
From the Wikipedia article on the planning fallacy: The planning fallacy is a tendency for people and organizations to underestimate how long they will need to complete a task, even when they have past experience of similar tasks over-running. The term was first proposed in a 1979 paper by Daniel Kahneman and Amos Tversky. Since […]
Recently, both New York and The New Yorker profiled Ray Dalio. Dalio is the founder of Bridgewater Associates. Bridgewater runs the world’s largest hedge fund. Both articles provide fascinating and quite entertaining glimpses into the corporate culture at Bridgewater. Both articles, but the one in New York more so, focus on a document Dalio wrote […]
I can’t find where I originally read someone saying, “Those aren’t warts, they’re battle scars.” It might’ve been in the comments section on some software blog. The quote is in reference to how ugly source code often looks, especially code that’s been in use for a very long time. Back in 2000, Joel Spolsky wrote […]
