Author: Dr. Pete Hammett, Visiting Professor The volume of material and research on the topic of decision making is astounding. From what I’ve seen, we can categorize these insights into two critical influencers in the decision-making process: how leaders reflect...
Author: Dr. Pete Hammett, Visiting Professor As I write this blog, we find ourselves facing two pandemic related realities: a world forever impacted by the COVID-19 pandemic and a world finally awakened to the suffering of a racism pandemic. Few of us could ever...
Reviewer Dr. Mike Boehlje, Distinguished Professor Emeritus Book See Sooner, Act Faster: How Vigilant Leaders Thrive in an Era of Digital Turbulence Summary Even before COVID-19, the food production and distribution industries were facing a time of significant...
Authors: Dr. Lourival Carmo Monaco Neto, Postdoctoral Research Associate Dr. Allan W. Gray, Executive Director and Professor As the COVID-19 pandemic and the uncertainties that come with it sweep across the world, it is no secret that we are facing very complicated...
You make business decisions every single day. Every once in a while, a decision comes along with the potential to be a game changer for your organization. Maybe your company is considering mergers and acquisitions. Maybe you’re trying to decide whether to expand...
Article Ransbotham, Sam. “The Subtle Sources of Sampling Bias Hiding in Your Data.” MIT Sloan Management Review (2017). Reviewer Courtney Bir, Purdue Graduate Student Research Assistant Summary Data has become an integral part of any business. However, you must...
Article Silvestro, R. “Do You Know What Really Drives Your Business’s Performance?” MIT Sloan Management Review (2016). Reviewer Dr. Allan Gray, Executive Director and Professor Summary Surprisingly few executives use data from their own organizations to test their...
Editor’s note: Dr. William Secor is an economist for CoBank and a former clinical professor with Purdue University’s Center for Food and Agricultural Business. He played an integral role in the 2017 Large Commercial Producer Project during his tenure at...
The agri-food industry pays a lot of attention to how assets transfer between generations in farm families. Wills, trusts and estate laws are the subject of financial planning conferences and law seminars. Even so, there are few answers about how is best to manage...
Article Hammond, J.S., Ralph L. Keeney, Howard Raiffa. (2006). “The Hidden Traps in Decision-Making.” Harvard Business Review. Reviewers Dr. Nicole Widmar, Professor, Department of Agricultural Economics Dr. Michael Boehlje, Professor Emeritis, Department of...