Being strategic about strategic planning - McKinsey on Finance Podcasts
How to improve strategic planning (Renée Dye and Olivier Sibony) - January
Results from a survey of 800 managers reveals "frustration" with their efforts in strategic planning. Dye and Sibony emphasize the importance of covering the issues and asking open questions before setting forth to gather data and forecast. The Podcast also recommends that managers should participate more actively in strategy review and defines ways in which this can be done in a time-efficient manner.
BBC online about wine
Researchers at the California Institute of Technology have shown that a person's enjoyment of wine can be heightened if they are simply told that it is expensive.
The market gets it wrong about US presidential candidates
Online prediction markets enable individuals to bet on the outcome of dozens of events.
"The best known of the online prediction markets, Intrade, gave Obama a 70.7 percent chance of winning in the Granite State and Clinton a 27 percent chance."
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