Over the last few weeks, we have published a series of articles on common pitfalls we have come across when companies take on process improvement projects that involve the automation of tasks. This last instalment will examine how to deal with exceptions – as constructive as automation can be, sometimes it’s just not worth the bother!
There’s only one degree of separation between the world’s most famous comet and actuarial science! Read Pamela Hellig’s article to find out why.
The birthday paradox, also known as the birthday problem, states that in a random group of 23 people, there is about a 50 percent chance that two people have the same birthday.
We are delighted to announce the launch of our Actuarial Performance Management (APM™) Framework. The APM Framework has evolved from our established, proven methodology for successful actuarial transformation project delivery.
Every heard of the Butterfly Effect? No, not the Ashton Kutcher movie. It’s the idea that an event as seemingly insignificant as the flap of a butterfly’s wings can change the course of history.
Andries Beukes considers how to avoid inadvertently locking inefficiencies into new processes.
“Mathematical beauty” – the notion that some mathematicians may derive aesthetic pleasure from their work, and from mathematics in general – may seem like a bit of a stretch as a concept.