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Lawrence Phillips

Visitng Professor, London School of Economics, UK
Lawrence PhillipsLawrence Phillips

Lawrence Phillips, visiting professor of decision science at the London School of Economics and a director of Facilitations Ltd, is a leading expert on ways in which organizations can improve their decision making. He has long been fascinated by the challenges associated with deciding how best to deploy limited resources across a range of projects and getting people to buy into the outcome—the quintessential budgeting and, indeed, management problem. Dr Phillips teaches decision science to graduates and undergraduates at the LSE and conducts training courses on decision science and facilitation skills to external organizations. In 2005 he was awarded the Frank P. Ramsey medal for distinguished contributions to decision analysis by the Decision Analysis Society of INFORMS.


Articles by this Author

  • Moving Away from Traditional Budgeting
    by Lawrence Phillips
    Every organization has finite resources and must, therefore, assign priorities to a range of possible options when allocating its budget. However, in my experience, very few organizations do this particularly well.The traditional approach to budgeting invariably leads to “silo decisions,” in which resources are allocated on a project-by-project basis. The individual judgments that are being made preclude any coherent analysis of the wider...

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