![Instat – Institute of applied statistics: #uncertainty Instat – Institute of applied statistics: #uncertainty](img/instat-institute-of-applied-statistics-uncertainty.jpg)
#uncertainty
»In the future, the management of uncertainty will become increasingly important.«
#decisionmaking
»Half of the decisions made in organisations fail, making failure far more prevalent than previously thought.«
![Instat – Institute of applied statistics: #decisionmaking Instat – Institute of applied statistics: #decisionmaking](img/instat-institute-of-applied-statistics-decision-making.jpg)
#decisionmaking under #uncertainty needs:
![Instat – Institute of applied statistics: Teamwork Instat – Institute of applied statistics: Teamwork](img/instat-institute-of-applied-statistics-icon-teamwork.png)
Teamwork
Decisions are made of data, experience, gut feeling and vision. In a volatile world, no single person can handle all of this on his own. Our interdisciplinary expertise in the fields of economics, mathematics, corporate governance and change management opens up a holistic view on complex decision-making processes.
![Instat – Institute of applied statistics: Statistics Instat – Institute of applied statistics: Statistics](img/instat-institute-of-applied-statistics-icon-statistics.png)
Statistics
We use applied statistics and artificial intelligence approaches to help organizations cope with uncertainties. Complex issues can be evaluated objectively by quantifying determining factors and their dependencies. Decision-making processes become transparent, comprehensible and legally secure.
![Instat – Institute of applied statistics: Quantitative Methods Instat – Institute of applied statistics: Quantitative Methods](img/instat-institute-of-applied-statistics-icon-quantitative-methods.png)
QUANTITATIVE METHODS
Sophisticated quantitative risk analysis improves the quality of business decisions by increasing the comparability of the different strategic options and the associated risk-return profiles. Thus creating an ideal business portfolio.
![Instat – Institute of applied statistics: Risk Management Instat – Institute of applied statistics: Risk Management](img/instat-institute-of-applied-statistics-icon-risk-management.png)
RISK MANAGEMENT
Turn danger into risk. Uncertainty is not a problem. Quantifying uncertainty is key to handle risk.
![Instat – Institute of applied statistics: Decision Making Instat – Institute of applied statistics: Decision Making](img/instat-institute-of-applied-statistics-icon-decision-making.png)
DECISION MAKING
The integration of risk-relevant information into decision-making processes can lead to higher decision quality with added value for companies. By considering insights from decision, probability and cognitive psychology, risk management becomes an indispensable management tool.
![Instat – Institute of applied statistics: Change Management Instat – Institute of applied statistics: Change Management](img/instat-institute-of-applied-statistics-icon-change-management.png)
CHANGE MANAGEMENT
Feelings triggered by the perception of risk vary from person to person. If you want to establish risk awareness in an organisation, you have to address each individual. In the end, every single organisation has its own individual level of risk resilence.
![Instat – Institute of applied statistics: Economic Expertise Instat – Institute of applied statistics: Economic Expertise](img/instat-institute-of-applied-statistics-icon-economics.png)
ECONOMIC EXPERTISE
Looking back on decades of entrepreneurial experience, we bring a deep understanding of business processes and methods.
![Instat – Institute of applied statistics: Mathematical Excellence Instat – Institute of applied statistics: Mathematical Excellence](img/instat-institute-of-applied-statistics-icon-mathematics.png)
MATHEMATICAL EXCELLENCE
As a team, we combine application-oriented mathematical economics with highly specialized stochastic expert knowledge.
![Instat – Institute of applied statistics: GRC and Legal Know-how Instat – Institute of applied statistics: GRC and Legal Know-how](img/instat-institute-of-applied-statistics-icon-grc-legal.png)
GRC AND LEGAL KNOW-HOW
Solid corporate governance is the basis for sustainable entrepreneurship. With our collective cross-divisional understanding and professional expertise, we are well equipped for this task.
![Instat – Institute of applied statistics: Change Management Experience Instat – Institute of applied statistics: Change Management Experience](img/instat-institute-of-applied-statistics-icon-change-management-experience.png)
CHANGE MANAGEMENT EXPERIENCE
Innovation and growth come with a lot of dynamic. We know from direct, practical experience how to navigate.
![Instat – Institute of applied statistics: Alexander Dietzel Instat – Institute of applied statistics: Alexander Dietzel](img/instat-institute-of-applied-statistics-alexander-dietzel.jpg)
Alexander Dietzel
ECONOMICS
»Not everything that is countable matters. But everything that matters is countable.«
![Instat – Institute of applied statistics: Dr. Heiko Frings Instat – Institute of applied statistics: Dr. Heiko Frings](img/instat-institute-of-applied-statistics-heiko-frings.jpg)
Dr. Heiko Frings
MATHEMATICS
»The methodology we use is cutting-edge. At the same time, we always focus on a pragmatic approach.«
![Instat – Institute of applied statistics: Christian Schulz Instat – Institute of applied statistics: Christian Schulz](img/instat-institute-of-applied-statistics-christian-schulz.jpg)
Christian Schulz
GRC AND LEGAL
»Constructively practiced, risk management is an essential component of good decision-making.«
![Instat – Institute of applied statistics: Benjamin Müller Instat – Institute of applied statistics: Benjamin Müller](img/instat-institute-of-applied-statistics-benjamin-mueller.jpg)
Benjamin Müller
CHANGE MANAGEMENT
»Stop looking for the right decision and start making an appropriate one again and again.«
![Instat – Institute of applied statistics: Solutions Instat – Institute of applied statistics: Solutions](img/instat-institute-of-applied-statistics-icon-about3.png)
SOLUTIONS
From time to time a good conversation face to face contributes more to solving a problem than a thousand charts.
![Instat – Institute of applied statistics: Seminars Instat – Institute of applied statistics: Seminars](img/instat-institute-of-applied-statistics-icon-about2.png)
SEMINARS
Give someone a fish and he will be satisfied for a day. Show him how to fish and he will be happy for a lifetime.
![Instat – Institute of applied statistics: Software Instat – Institute of applied statistics: Software](img/instat-institute-of-applied-statistics-icon-software.png)
SOFTWARE
If you do the exact same procedure more than five times, consider automation.
![Instat – Institute of applied statistics: Reports Instat – Institute of applied statistics: Reports](img/instat-institute-of-applied-statistics-icon-reports.png)
REPORTS
The essential facts and figures presented user-friendly like the daily weather forecast.