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...]
Data Visualization for Story-Telling
August 5, 2016 by Leave a Comment
Dateline: August 5, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Collecting data is one thing, but being able to make sense of what it is telling us and communicating those messages are quite another. This month we are spending time looking at BI, analytics and data management topics. Today our topic is about data visualization. Recently … [Read more...]
Secrets to Building a Data-Driven Culture
July 29, 2016 by Leave a Comment
Dateline: July 29, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. The competitive landscape is shifting rapidly in virtually every industry, fueled by the intelligent application of technology and data. While nearly all companies have more data than they know what to do with, a powerful minority is discovering new ways of leveraging it. Companies … [Read more...]
Intelligence for Management Learning
July 8, 2016 by Leave a Comment
Dateline: July 8, 2016 Avoiding a $500 million mistake is surely just as valuable as launching a $500 million product. Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Recently, Harvard Business Review published a blog post about The Right Way to Use Competitive Intelligence. The article, by Benjamin Gilad, author, entrepreneur and former associate … [Read more...]
The Tortoise and The Hare: Building a Culture of Analytics
April 22, 2016 by Leave a Comment
Dateline: April 22, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Building a culture of analytics combines change management with technical competence. Running the organization by numbers and data is not always understood or accepted. Recently, one of my International Institute of Analytics colleagues, Bill Franks, wrote a thought provoking … [Read more...]
Butterfly Effect Implications of IoT
March 4, 2016 by Leave a Comment
Dateline: March 4, 2016 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. The Internet of Things (IoT) discussions are heating up and senior IT leaders are asking deeper, more thought provoking questions. Recently, I ran across an interesting discussion about the impact of IoT on predictive analytics. James Kobielus, IBM's Data Evangelist, suggested … [Read more...]
Data, Reputation and the Sharing Economy
November 6, 2015 by Leave a Comment
Dateline: November 6, 2015 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. In the sharing economy, reputation is critical to success. According to Boston College Professor Sam Ransbotham, who recently published a blog titled Data at the Heart of the Sharing Economy at Sloan Management Review, trust and reputation are the secret sauce of the sharing … [Read more...]
Data-driven business strategy
October 16, 2015 by Leave a Comment
Dateline: October 16, 2015 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Decision making is, of course, one of the key functions of senior leaders. Those with lots of experience are expected to make better decisions because of what they have seen, done and learned in their career. But increasingly we are hearing that data-driven decision making is … [Read more...]
The Value of an Analytics Competency
May 8, 2015 by Leave a Comment
Dateline: May 8, 2015 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Understanding the value your analytics investment bring to your organization is a complex matter. Recently, I ran across a short summary at INFORMS of the different areas that might be included in the value calculation: Big data Finding hidden clues to improve customer … [Read more...]
Transforming into a Data-Driven Organization
April 10, 2015 by Leave a Comment
Dateline: April 10, 2015 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Data-driven transformation means morphing your organization into an enterprise with a culture and decision-making structure based on KPIs and analytics. Today, it's the goal of many organizations to become data-driven. CIO magazine recently wrote about the Seven Principles of … [Read more...]
