Using Your Data To Help Your Customers With Their Customers

Many companies operate within a customer relationship data chain: That is, one company has the know-how — and the incentive — to help its customers understand their own customers better. Dateline: December 16, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Companies have rich troves of data that can be used to drive better decision making … [Read more...]

C-suite Involvement from Day One Makes Analytics Investments Pay Off

Dateline: November 25, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. This is the third (and last) quote from an insightful article by McKinsey consultants  Helen Mayhew, Tamim Saleh, and Simon Williams.  This week, our thought provoking idea from the article, Making Data Analytics Work For you Instead of the Other Way Around, is about C-suite … [Read more...]

The Real Goal of Analytic Projects: Adoption, Adoption, Adoption

Dateline: November 18, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Last week I shared a quote from an insightful article by McKinsey consultants Helen Mayhew, Tamim Saleh, and Simon Williams.  This week, we pull another idea from the article, Making Data Analytics Work For you Instead of the Other Way Around, that suggests that adoption be … [Read more...]

Look In-between the Data Sets for New Insights

Dateline: November 11, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Recently I ran across a very insightful article about getting value from your analytics investments, written by Helen Mayhew, Tamim Saleh, and Simon Williams, a team of McKinsey consultants.  The article, Making Data Analytics Work For you Instead of the Other Way Around, … [Read more...]

Getting Ready for Self-Service Analytics

Dateline: November 4, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Analytics and new ways to extract value are consuming an increasing amount of attention from CIOs.  One of the newest 'trends' is building analytics tools that are self-service, that is business staff can use them without the intervention of data scientists.  These tools have … [Read more...]

Getting Started With Watson, Edison and Other Machine Learning Tech

Dateline: October 21, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Have your executives asked about Watson or Edison yet?  With all the attention and resources being spent on artificial intelligence (AI), machine learning and cognitive systems, many C-levels are starting to wonder how to apply this type of technology to their business … [Read more...]

Reducing Resistance to Analytics Initiatives

Efforts to adopt analytics upset the balance of power in the C-suite, and this shift often had a negative impact on analytics initiatives. Dateline: October 14, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. According to a study led by EY Principle Chris McShea, only about 1/3 of the companies in his study achieved their goals for their … [Read more...]

Intuition vs Analytics

Dateline: August 26, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Trusting analytics results over intuition can be big hurdle for seasoned managers.  With years, perhaps decades, of experience and honing skills to make tough decisions, it's a big leap for many to stop trusting their intuition and start trusting recommendations from the data. … [Read more...]

Managing Your Data Vision

Dateline: August 19, 2016 Data-first companies represent the biggest competitive threat to more traditional players. Unlike their older counterparts, data is integrated into their DNA, so they think and operate differently. The disruptive effects of such companies are causing more mature businesses to redefine "business as usual." Welcome to our Friday WRAP – one thought-provoking idea to think … [Read more...]

The 5 Minds of Analytics Team Members

Dateline: August 12, 2016 The race is on in corporations everywhere to make sense of all the information flooding in. Knowing this, businesses that are investing in business intelligence, Big Data, analytics, and data science are hoping to gain a competitive edge. But technology is only one part of the challenge. You also need the right people and processes in place. Welcome to our Friday WRAP – … [Read more...]