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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Task Force

Task Force – TF’s are assigned, purposefully gathered group(s) of individuals (workgroup), a collective, temporarily collaborating , towards achievement of particular and clearly outlined objectives and measurable goals. Independent, with a mandate, resources, timetable and action plan, the crux is the single defined task or activity they are focused on and dedicated to. Also called task groups (previously/earlier ad hoc committees use to be called) A TF has a certain sense of autonomy; credibility and leadership, and are decision-making empowered. As a unit it is transferable, extremely mobile, flexible, and effective, optimizing and harnessing every and all members, individually and collectively, from a broad cross-section of people, it afford integration, synergy and leverage of unit skills-integration.  TF’s could come from entirely within a service, business, or organization, or joint task force, from multiple organizations and industries. It wraps up and disbands when job is done.

 

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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