Sam Savage is a native of South Carolina who lives in Madison, Wisconsin. He received his bachelor and doctoral degree from Yale University where he taught briefly, and has also worked as a bicycle mechanic, carpenter, commercial fisherman, and letterpress printer.
After receiving his Ph.D. in the field of computer science from Yale University in 1973, Sam spent a year at General Motors Research Laboratory, and then joined the Management Science faculty of the University of Chicago Graduate School of Business. In 1985 Dr. Savage led the development of a software package that won PC Magazine's Technical Excellence Award in 1986. Sam has worked ever since to bring analytical tools to managers in an algebra free environment. In 1990, Sam moved to Stanford, where he teaches Management Science in the Engineering School. He has been a Visiting Professor at Northwestern University's Kellogg School and the Naval Postgraduate School in Monterey, and has recently been appointed to the position of Senior Associate of the Judge Business School at the University of Cambridge.
Recent publications include articles on The Flaw of Averages in the San Jose Mercury News, and Harvard Business Review, and Accounting for Uncertainty, in the Journal of Portfolio Management. Dr. Savage consults and lectures extensively to business and government agencies and has served as an expert witness. Harry Markowitz, Nobel Laureate in Economics, has called Dr. Savage's book and software, Decision Making with Insight, "a Must Read."
In 2006, Dr. Savage founded ProbabilityManagement.org with colleagues Stefan Scholtes of Cambridge and Daniel Zweidler of Shell, to promote a unified approach to enterprise wide risk modeling. Dr. Savage is also founder and president of AnalyCorp Inc., a firm that develops executive education programs and software for improving business analysis.
Dr. Savage's book The Flaw of Averages was published by John Wiley & Sons in June of 2009.
This biography was last updated on 08/14/2013.
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