Boston Houston Chapter In-Person
SDP BOSTON CHAPTER MEETING
Tuesday, July 16, 2024
5:30PM - 7:30PM ET | IN-PERSON

The Boston Chapter of the Society of Decision Professionals warmly welcomes you to join us for our In-person meeting. Our agenda for this gathering encompasses important business matters. This event will be held at Biogen Office, 225 Binney Street, Cambridge, MA.

Details of the Meeting:
Speaker: Peter Ray, Vice President & Head of Portfolio Analytics at Novartis
Topic: “GenAI Experiments in Portfolio Analytics"
Date: Tuesday, July 16, 2024, 5:30 PM ET
Location: Biogen Office, 225 Binney Street, Cambridge, MA

Peter will share insights on the application of Generative AI in portfolio analytics, exploring both the current landscape and potential future developments. This session promises to be highly informative, especially for those interested in the cutting-edge technology application in biopharma.

Moderator: Mikael Petrosyan, enhanced by AI, will moderate the session.

RSVP Needed: Please RSVP to confirm your attendance. Your confirmation will help us manage the event smoothly and ensure that everyone gets the most out of this gathering.

Open Discussion: Following the presentation, we will have an open discussion where members are encouraged to share insights and practices from their own experiences in the pharma/biotech and other industry sectors. This is a great chance to learn from peers and discuss how emerging technologies are being implemented.

Food and Drinks: Food and drinks will be provided to help attendees plan their arrival and stay for the entire event.

Everyone is welcome, from industry veterans to those new to the field, making this an ideal opportunity to expand your professional network and gain insights into advanced Portfolio Analytics.

We look forward to seeing you there!

Speaker: Arnaldo Camuffo (Bocconi University, Milan, Italy)
Moderator: Tom Keelin (Keelin Reeds Partners)

A scientific approach to decision-making encourages entrepreneurs to formulate their decision problems as theories of value. Theories are future state spaces, comprising selected attributes and the causal relationships among them, to which they assign a belief. Theories are then used as a guide to determine whether and when to collect evidence that can validate or update beliefs as well as determine the design of the experiments to be conducted. Beliefs on a theory vary in their strength and can be thought of as subjective probabilities. Belief formation through theorizing involves engaging in deliberate cognitive efforts to frame a problem and carefully formulate it as a conceptual causal structure. Theories are then translated into testable hypotheses, to be tested through experiments. Experiments elicit signals that provide evidence about the hypotheses and their assumptions. This information allows to update beliefs in the form of either changes in subjective probabilities or changes on priors on the state space. Entrepreneurs can therefore make more informed decisions about whether to continue with the current plan, pivot to a different business model, or terminate the venture. The positive effects of the adoption of the scientific approach to entrepreneurial decision-making stem from: a) increased efficiency in problem formulation and solution; and b) methodic doubt about the problems they formulate and the solutions they evaluate. The scientific approach fosters critical thinking, contrasting decision-makers' tendencies to unawareness, overconfidence and the neglect of opportunity costs. The evidence coming from a dozen randomized control trials involving approximately 3,000 startups around the world shows that a scientific approach to entrepreneurial decision-making increases the probability of terminating projects, of efficient pivoting and, conditional on survival, leads to higher performance.

SDP HOU Chapter Energy Summit | In-person Only
REGISTRATION COMING SOON!
Wednesday, November 20, 2024
8:00AM - 5:00PM CT

The Houston Chapter of the Society of Decision Professionals warmly welcomes you to join us for our 1 DAY ENERGY SUMMIT. A "Call for Content" has been announced, more info here: https://www.decisionprofessionals.com/assets/Chapters/houston/Call%20for%20content_DQEnergySummit.pdf

This event will be held at the Chevron Offices, 1600 Smith Street, Houston, TX.

AGENDA COMING SOON!