Risk decisions often falter due to cognitive biases, underdeveloped decision-making processes, and overreliance on models. Clifford Rossi argues that robust frameworks and balanced decision structures are essential to navigate uncertainty effectively and mitigate poor risk outcomes.
UChicago Medicine is forming a new partnership with the MoneyGram Haas F1 Team to amplify its healthcare mission and bring academic medicine to more communities regionally, nationally and globally.
The recent boom in artificial intelligence technology, such as ChatGPT, has raised many questions about the real potential of these tools in the business world. In a new paper, Felipe Csaszar, professor of strategy, explores several ways AI can be used to make critical strategic decisions.
Businesswoman, Washington Spirit team owner and women’s sports advocate Michele Kang is donating $30 million to U.S. Soccer over the next five years. ...
Adapted from Smith’s existing 14-credit graduate certificate program, the self-paced new course is designed to prepare participants to “think like a chief technology officer, chief innovation officer or government technology program executive in any size organization.”
Five diverse local businesses recently completed this year’s six-month Diversity, Equity and Inclusion (DEI) Supplier Accelerator mentorship program. This annual program, a collaboration between Cleveland Clinic and University Hospitals, aims to expand the knowledge and impact of diverse-owned businesses based in Northeast Ohio.
Debate continues to swirl nationally on the fate of a practice born of an 86-year-old federal statute allowing companies to pay workers with disabilities subminimum wages: anything below the federal minimum wage of $7.25 an hour, but for some roles as little as 25-cents-per-hour. Those in favor of repealing this statute highlight assumptions about reduced productivity along with the unfairness of this wage level—often used elsewhere to pay, for example, food service workers who typically make additional wages in tips. Those against repeal have voiced concerns that, without subminimum wage laws, employment opportunities for workers with disabilities may dwindle.