Uncertainty

“Federal Woes Faze Business Owners,” Wall Street Journal, October 24, 2013 B6 http://on.wsj.com/17MEfoF

I was a bit strapped for something information newsworthy in today’s Journal.  Toyed with the discussion of the market value of Pinterest.  But no.

From a company’s standpoint, is uncertainty about future events within the definition of “information”? The owner profiled in the article was putting off hardware purchases due to the level of uncertainty of the federal budget talks.  How do you reflect/measure this uncertainty in business planning, alongside of impact and probability?  Is it simply a “risk” to be plotted?

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Filed under Business Case, Data quality, Definition, Risk, Use

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