>Smart Decision-Making in the New Era of Financial Challenges

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Oracle discusses how organisations can apply the principles of Monte Carlo modeling to Enterprise Performance Management and Business Intelligence applications.

Key points include:

  • The Road Ahead: Decision-Making in Times of Turmoil and Opportunity
  • The Perils of The Past: Basing Financial Decisions on “Best Story Wins”
  • How the Monte Carlo Method Drives Productive Risk-taking
  • “People Are Systematically Overconfident in Almost Everything They Do.”
  • The Value of Simulations: Predicting Worst-case Scenarios and Mitigating Outcomes

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