Bob Armstrong shares a post on Goodhart’s Law and why statistics are not always a solid foundation to count on. Goodhart’s Law is named for Charles Goodhart, a British economist who in 1975 popularized the idea that Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes. I think it was meant humorously, but the pungent truth of the statement made it stick. The point is sound. Essentially, any statistic that becomes a…

Umbrex is pleased to welcome Yacine Berdjeghloul with Wolfinance Consulting.  Yacine is a bright Risk professional with a strong academic background and technical experience in modelling & coding. He has a high interest in solving complex issues, is self-motivated and entrepreneurial. He was among the top 5% of his Bachelor’s and in his previous job was presented the GE Award for “Inclusiveness” and “Expertise”. Alongside his technical capability, Yacine is an excellent communicator with a natural ability to establish rapport….

Umbrex is pleased to welcome Lindsey Pitt. Lindsey Pitt started her career as a strategy consultant at McKinsey, largely in retail, CPG and media; some strategy work, some implementation work.  She subsequently joined Strategos, a boutique consultancy focused on organic growth in blue-chip organizations, where she collaborated with clients to design insight programs and develop and pitch opportunities for investment (think Shark Tank or Dragons’ Den).  In contrast to McKinsey strategy work, these projects were mostly handled by clients themselves…