Experiments in business

Michael Giberson “The level of experimentation is abysmal,” says Prof List. “These firms do not take full advantage of feedback opportunities they’re presented with. After seeing example after example, we sat down and said, ‘We have to try to do something to stop this.’ One change we could make is to teach 75 to 100 … More Experiments in business

Risk amnesia

Michael Giberson Rick Bush explains how one manager prevents “risk amnesia” in a Transmission & Distribution World column. (Reg. required.) Risk amnesia is a condition that can spring up when an investment decision turns out badly, and suddenly no one can recall being part of the decision. Bush wrote: Donnelly cracked me up when he … More Risk amnesia

No “magic number” for renewable power

Michael Giberson Peter Behr, reporting for ClimateWire in an article online at the New York Times, captures some of the discussion surrounding the recent NERC report on integrating renewable power to the transmission grid [NERC Press Release] [NERC Executive Summary] [Full NERC Report]. The vast expansion of wind and solar power planned by the Obama … More No “magic number” for renewable power