Prediction Markets: An Adjunct to Enterprise Risk Management

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Prediction Markets: An Adjunct to Enterprise Risk Management

Posted October 9, 2008 | Leadership | Leadership | Leadership |

There was an interesting story a few weeks ago in the Wall Street Journal about the electronic retailer Best Buy's internal prediction market [1]. Company executives use the prediction market, called TagTrade, to see how successful Best Buy employees think a particular project, idea, or initiative will be.

About The Author

Robert Charette

Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More

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Prediction Markets: An Adjunct to Enterprise Risk Management

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