SIX PRINCIPLES
In the most recent episode of the Megrow Podcast, Paul Kaye shares the “SIX PRINCIPLES TO SUPPORT IMPROVED DECISION MAKING” method with me.
Applying the SIX PRINCIPLES will improve the quality of any risk-related decision in any organisation.
The six principles are:
- (1) face up to uncertainty
- (2) deconstruct the problem
- (3) don’t be fooled by un/intentional biases
- (4) models can be helpful, but also dangerous
- (5) think about adaptability and resilience
- (6) bring people with you.
Keen to try it out? Get in touch with us: reto.brosi@megrow.asia | paulkaye99@aol.com | www.megrow.asia | www.megrow.ch
The original publication can be found here: Managing uncertainty – principles for improved decision-making. British Actuarial Journal. 2019;24:e31. doi:10.1017/S1357321719000205
The full episode is accessible on YouTube or directly below: