Setting overly ambitious goals doesn't have the positive outcome many organizations are striving for, new research finds. A study recently published in the INFORMS journal Organization Science revealed that, rather than boosting drive and innovation and improving organizational performance, stretch goals more often undermine a company's performance.
The INFORMS Certified Analytics Professional (CAP) credential is a general analytics certification that certifies end-to-end understanding of the analytics process, from framing business and analytic problems to acquiring data, methodology, model building, deployment and model lifecycle management. It requires completion of the CAP exam and adherence to the CAP Code of Ethics.
Michael Armstrong, INFORMS member and professor at Brock University shares the negative impact of greed and unethical behavior on industry, from banking to property development, and how analytics can be used to help, not harm customers.
INFORMS member and University of Toronto professor, Nitin Mehta, discusses a new study he coauthored in the INFORMS journal Marketing Science that investigates the increase in health care costs associated with chronic disease in the context of consumers enrolled in employer sponsored insurance plans.
Business literature is full of leaders preaching about stretch goals. These uncomfortable, seemingly out-of-reach results are supposed to motivate people to do things they never thought they could do. But do they work? The answer is complicated. A new study published in the INFORMS journal Organization Science found that stretch goals motivate a small number of participants.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
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443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
President Trump has said he will impose a flat 25% tariff on goods coming from Canada and Mexico. It is important to mention that it is not clear whether sweeping tariffs will be imposed, and if so, when and to what extent. Whether tariffs are being used as a negotiation strategy, a threat, or are being seriously considered will become clearer in the next few weeks and months.
Something remarkable is happening in Washington. Tech executives who once shunned the political spotlight now make regular pilgrimages to Capitol Hill, and artificial intelligence — a field that traces back to the 1950s — has become the talk of the town.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Tariffs could raise the cost of medical care and prescription drugs for people in the U.S.
A groundbreaking new study in the INFORMS journal Transportation Science reveals the severe and far-reaching consequences of Russia’s full-scale invasion of Ukraine on global food security. The research highlights an urgent need to address disruptions in the transportation of Ukrainian grains, which have caused dramatic price spikes and worsened food insecurity worldwide, particularly in vulnerable regions such as the Middle East and North Africa.
Dockworkers on the East and Gulf coasts could go on strike again in less than two weeks if they don’t reach a contract agreement with ports and shippers. Talks are set to resume next week, according to Bloomberg. The main sticking point between the two sides? Automation.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.