Researchers Find That Longer Is Better On eBay
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Researchers Find That Longer Is Better On eBay

Posted on Apr 13, 2010 by George F Huhn
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Do you want to get a higher price when you sell something at auction on eBay? After running hundreds of controlled auctions on eBay, researchers reported in the INFORMS journal Decision Analysis that longer auctions yielded more bidders and more bids resulting in an 11% average final price increase compared to the shorter auctions. When you sell an […]

Steve Jobs: “Users shouldn’t have to ever, ever, EVER think about that stuff.”
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Steve Jobs: “Users shouldn’t have to ever, ever, EVER think about that stuff.”

Posted on Apr 9, 2010 by George F Huhn
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Yesterday, at Apple’s introduction of iPhone 4.0, Steve Jobs said about competitive products: “It’s like we said on the iPad: if you see a stylus, they blew it. In multitasking, if you see a task manager, they blew it. Users shouldn’t have to ever, ever, EVER think about that stuff.” I love that quote. Why? Because […]

Can “Compressed Sensing” Make Something Out of Nothing?”
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Can “Compressed Sensing” Make Something Out of Nothing?”

Posted on Apr 8, 2010 by George F Huhn
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Not quite, although that was the promise in the title of an article in the March 2010 “Wired” magazine about a recently invented algorithm called “Compressed Sensing” or CS. That isn’t to say CS isn’t a really cool algorithm for certain applications – it is and you should know about what it can do – […]

Are Your Competitors Reading Your E-mails?
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Are Your Competitors Reading Your E-mails?

Posted on Mar 28, 2010 by George F Huhn
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I do a lot of work in industries where there is a tremendous amount of proprietary and confidential information passed around in mountains of documents. It is the type of information that might help a competitor tremendously to shorten their development and cycle times considerably. So, you’d think that these companies would be among the […]

Please Don’t Take My Subjectivity Away!
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Please Don’t Take My Subjectivity Away!

Posted on Feb 22, 2010 by George F Huhn
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“Does it make the decision for me?” That’s a question that somebody asked me again last week, and it is a question that I hear often from people when I tell them about our software. Underneath this question there is an unspoken worry that using a decision analysis tool will somehow override their often very […]

Happy 100th Anniversary of the Gantt Chart!
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Happy 100th Anniversary of the Gantt Chart!

Posted on Jan 25, 2010 by George F Huhn
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The Gantt chart was introduced to the world by Henry Laurence Gantt between 1910 and 1915. He described his invention quite simply in his book Organizing for Work published in 1919: “…the following principles upon which this chart system is founded are easily comprehended: First: The fact that all activities can be measured by the […]

Is Your Cost-Saving Project Worth The Cost?
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Is Your Cost-Saving Project Worth The Cost?

Posted on Jan 13, 2010 by George F Huhn
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If you’re trying to sell a big cost-saving project to senior managers, then you are likely to be competing against a lot of other big projects, including sales and marketing and new product development projects. Chances are that you’re going to need to sell your project to people who don’t necessarily have the background to […]

The Value and Costs of Not Doing a Project Aren’t Necessarily Zero
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The Value and Costs of Not Doing a Project Aren’t Necessarily Zero

Posted on Jan 4, 2010 by George F Huhn
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If you don’t know the values and costs of not executing your projects then you’re probably not maximizing the value of your project portfolio and you may be working on the wrong projects. In literally a textbook-changing article in the INFORMS journal Decision Analysis (December 2009) entitled “On the Choice of Baselines in Multi-attribute Portfolio Analysis: A Cautionary Note,” Robert […]

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