Have you ever run into a complicated problem you couldn’t figure out? Then, after you thought about it a while, the answer appeared like magic. My colleague, John Puryear, has an old country saying ...
As early as the industrial revolution, one particular math problem has faced businesses worldwide, of all sizes, in all industries. If I'm a manager in a business, at the end of the day, there are ...
Five steps to ensure that you don’t jump to solutions by Julia Binder and Michael D. Watkins When business leaders confront complex problems, there’s a powerful impulse to dive right into “solving” ...
We like to think that we're pretty good at math, especially after years of schooling. But every once in a while, a simple third-grade math problem manages to trip us up and make us question our ...
First passage time (FPT) problems lie at the heart of understanding stochastic processes, where the primary interest is in quantifying the time required for a diffusing particle to reach a target or ...
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