Skip navigation

Stefan Scholtes

Stefan Scholtes is Dennis Gillings Professor of Health Management and Academic Director of the Centre for Health Leadership and Enterprise at the Judge Business School, University of Cambridge.

Titles by This Author

Project teams can improve results by recognizing that the future is inevitably uncertain and that by creating flexible designs they can adapt to eventualities. This approach enables them to take advantage of new opportunities and avoid harmful losses. Designers of complex, long-lasting projects--such as communication networks, power plants, or hospitals--must learn to abandon fixed specifications and narrow forecasts. They need to avoid the “flaw of averages,” the conceptual pitfall that traps so many designs in underperformance.