Modern portfolio management involves the use of a range of sophisticated mathematical models that have evolved together with the capabilities of modern computers. Examples include Monte Carlo ...

“We think of organizations as decision factories,” write professors Don A. Moore and Max H. Bazerman in their new book, Decision Leadership. It’s an apt simile. Knowledge workers, whose output is ...

Whether you’re an experienced CEO or an emerging entrepreneur, the quality of your decisions determines whether your business succeeds or fails. This is why decision making is an essential ...

Artificial intelligence (AI) and machine learning (ML) are not just practical tools for improving efficiency, but also a source of empowerment for business leaders. They can now make decisions with a ...

Learn to teach effective money management skills to children, teens, and adults. Discover the components, methods, and ...

I always tell my child that being a parent does not come with a how-to user manual, even though it would have been nice to reference standard operating procedures (SOPs) just once—more specifically, ...

We make very different choices depending on what takes the dominant role in decision-making: the head or the heart. Behavioral economists have long relished exposing our illogic when it comes to ...

The rapid rate of digital transformation means it's never been more important for IT leaders to make big calls quickly. That's sometimes easier said than done. With multiple inputs and data points, ...

Another significant reference is the COSO ERM (Enterprise Risk Management) framework, developed by the Committee of ...