Competitive Intelligence

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ICI-23 - Decision, Risk and Bayes' Analysis

Event Details

ICI-23 - Decision, Risk and Bayes' Analysis

Time: May 26, 2011 from 9am to 6pm
Location: Radisson Blu Hotel, Paris Boulogne
Street: 33 avenue Edouard Vaillant
City/Town: 92100 Boulogne-Billancourt
Website or Map:…
Phone: +49(0)6033 971377
Event Type: workshop
Organized By: Rainer Michaeli
Latest Activity: Sep 16, 2010

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Event Description

Among the many tasks of CI analysts and managers is support of decision-making and active involvement in strategic and operative processes. Good decisions are based on the realistic assessment of uncertainties and risks, the identification of one’s own alternatives and ascertaining the effects on one’s own company. For the solution of complex decision tasks, with numerous, reciprocally influencing decision parameters and non-deterministic consequences, the structured approach of “decision and risk analysis” is of high value in practical experience.

Workshop foci:

- Fundamentals of risk- and decision modelling
- Introduction into the fundamentals of probability theory and statistics
- Case study 1: Risk analysis of a product introduction
- Case study 2: Investment decision with and without intelligence

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