For better life outcomes, integrate SEL with decision-making strategies

Strategies for cellular decision-making

Stochasticity pervades life at the cellular level. Cells receive stochastic signals, perform detection and transduction with stochastic biochemistry, and grow and die in stochastic environments. Here we review progress in going from the molecular details to the information-processing strategies cells use in their decision-making. Such strategies are fundamentally influenced by stochasticity. We...

Open Business Intelligence for Better Decision-Making

Decision-making is a crucial, yet challenging task in enterprise management. In many organizations, decisions are still made based on experience and intuition rather than on facts and rigorous approaches. This is often due to lack of data, unknown relationships between data and goals, conflicting goals and poorly understood risks. The success of organizations depends on fast and well-founded de...

Strategic Alliance Decision-Making for the Auto Industry Base on an Integrate DEA and GM(1,1) Approach

Strategic alliance promotes enterprise resources sharing and enhances the competitiveness of the marketplace. Therefore, finding a mutually beneficial partner to make a strategic alliance is an important issue for various industries. The aim of this paper is to propose a suitable method based on Grey theory and Data Envelopment Analysis (DEA). A method predicts future business and measure opera...

Making decisions that matter How improving executive decision-making can lead to better business outcomes

Better Informing Decision Making with Multiple Outcomes Cost-Effectiveness Analysis under Uncertainty in Cost-Disutility Space

INTRODUCTION Comparing multiple, diverse outcomes with cost-effectiveness analysis (CEA) is important, yet challenging in areas like palliative care where domains are unamenable to integration with survival. Generic multi-attribute utility values exclude important domains and non-health outcomes, while partial analyses-where outcomes are considered separately, with their joint relationship unde...