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...]
Creating and Managing Analytics Capability
November 21, 2014 by Leave a Comment
Dateline: November 21, 2014 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. This week’s idea comes from a thoughtful post at Harvard Business Review about bottlenecks to progress. Brian McCarthy, Managing Director, Information & Analytics Strategy, for Accenture Analytics recently published a blog titled Beware the Analytics Bottleneck. He … [Read more...]
Top Analytics Challenges for CxOs
October 17, 2014 by Leave a Comment
Dateline: October 17, 2014 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. This week’s idea come a recent public Twitter Chat about How Analytics is Transforming the Roles of the C-Suite Execs, between Tom Davenport (@Tdav), President’s Distinguished Professor of IT and Management at Babson College, research fellow at the MIT Center for Digital … [Read more...]
Mainstreaming Big Data
July 18, 2014 by Leave a Comment
Dateline: July 18, 2014 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. This week’s idea comes from Sloan Management Review's recent blog, Big Data Fatigue, by Randy Bean, CEO and managing partner of NewVantage Partners, a data and analytics executive management advisory firm. The blog suggests there are three reasons why big data is part of the … [Read more...]
Gut Level Data Check
May 16, 2014 by Leave a Comment
Dateline: May 16, 2014 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Our organizations are becoming increasingly savvy about using our data for more than just reporting on past performance. Companies using predictive analytics and even competing on analytics capabilities are more common. Recently, Sara Watson, a Fellow from the Harvard Berkman … [Read more...]
Big Data and Intermediaries
March 28, 2014 by Leave a Comment
Dateline: March 28, 2014 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Recently, professor, researcher, entrepreneur and author Dr. Tom Davenport published his newest book, Big Data at Work. He also published a blog about "Book Publishing's Big Data Future" on Harvard Business Review's blog network. In that blog, he writes, In my book I talk about … [Read more...]
Big Data for Revenue Generation, not Cost Savings
August 2, 2013 by Leave a Comment
Dateline: August 2, 2013 Welcome to our Friday WRAP – one thought-provoking idea to think about over the weekend. Finding new ways to utilize data is on everyone's agenda these days. A recent HBR blog summarized an interesting survey done by Tata Consultancy Services (TCS) of large global companies found that companies who made large investments in their big data projects generated excess … [Read more...]
