Eli Schragenheim presented on "Managing Under Uncertainty in the TOC Way," expanding on the idea that we should never say, "I know." Nor should we think, "I don't know." How do we use what we DO know to help deal with uncertainty?
All tagged uncertainty
Eli Schragenheim presented on "Managing Under Uncertainty in the TOC Way," expanding on the idea that we should never say, "I know." Nor should we think, "I don't know." How do we use what we DO know to help deal with uncertainty?
Stephen Bungay's "The Art of Action" brings together ideas around how people and organizations should be led, based on the study of Carl von Clausewitz and other military thinkers around how they deal with the fact of life: we can't know everything before we must act.
Dealing with uncertainty / variability in operations is an important aspect of the TOC way of thinking and in the TOC applications.
Glen Alleman has some interesting thoughts about uncertainty in projects and whether we need to estimate better. I wonder if theory of constraints and buffer management points to a different solution.
Dale H. Emery defines Information as "Data that reduces uncertainty." I particularly like the link to uncertainty because most people don't like dealing with uncertainty in making decisions.