Prepared Minds

International Institute for Analytics (blog) - Feb 9, 2021

Embracing Uncertainty: A Lesson From COVID Analytics

Most of the time, we focus on removing as much uncertainty as possible in the attempt to provide the single “best” answer to the question we’ve been asked. However, when uncertainty is unusually high, we can serve ourselves and our sponsors better if we embrace the uncertainty instead of trying to fully contain it.

Read Article By Bill Franks

E&Y - Feb 8, 2021

Is your biggest future risk the way you approach risk now?

Companies that transition to a new risk playbook will be in a stronger position to win the future consumer. There are three key areas to get right.

Read Article By Kristina Rogers and Andrew Cosgrove

HBR.org ($) - Feb 5, 2021

Why Is It So Hard to Become a Data-Driven Company?

To compete today, companies need to be data-driven. But for mainstream, legacy companies, that’s easier said than done. Despite a decade of investment and the adoption of Chief Data Officers, this survey of Fortune 1000 senior executives finds that many companies are still struggling against not just legacy tech, but embedded cultures that are resistant to new ways of doing things — over 90 percent of companies surveyed reported culture was their biggest barrier.

Read Article By Randy Bean
Source Photo: Jorg Greuel/Getty Images

E&Y - Feb 5, 2021

How to drive growth through better cost and profitability insights

Most financial institutions capture a fraction of potential value from profitability insights. The time is right to retire that paradigm.

Read Article By Matteo Polvara and Steven Bopp

Institute of Business Forecasting & Planning - Jan 27, 2021

Using Maturity Model Assessments for S&OP SWOT Analysis

Many organizations start a Sales and Operations Planning (S&OP) process with little implementation experience, and armed with a few books and articles on the subject.  When times get hard or the process stalls, S&OP leaders can utilize an S&OP maturity matrix and a SWOT analysis to determine the next step that is best for their situation.

Read Article By Bob Lecinski

McKinsey & Company - Feb 3, 2021

Harnessing the power of external data

Few organizations take full advantage of data generated outside their walls. A well-structured plan for using external data can provide a competitive edge.

Read Article By Mohammed Aaser and Doug McElhaney

BCG - Feb 4, 2021

Unlocking Value with Location Intelligence

Broadly speaking, we refer to location intelligence as the use of mapping and geospatial data, in combination with a company’s internal customer data, to improve the customer experience and underlying business processes. 

Read Article By Robert Archacki, Kurt Hogan, Michael Fraser, and André Georgi

McKinsey & Company - Jan 29, 2021

How do you measure success in digital? Five metrics for CEOs

As organizations launch more and more digital initiatives, CEOs must monitor whether they are delivering business results. These metrics are ones to watch.

Read Article By Matt Fitzpatrick and Kurt Strovink

Towards Data Science - Feb 1, 2021

Data Scientists Should Be More End-to-End

Why (and why not) be more end-to-end, how to, and Stitch Fix and Netflix’s experience.

Read Article By Eugene Yan
Source Photo: Source (unsplash)

George Veth

Wow! (Yikes?) – Palantir talks through how they create a “digital twin” of your business/operation, so you have a simulated environment within which to run scenarios for your organization – or even your ecosystem! Welcome to tomorrow.

Palantir - Jan 26, 2021

Palantir Live Demo Day

Thank you for joining our inaugural Live Demo Day on January 26, 2021. The Foundry and Gotham demos included examples of how our commercial and government customers — including manufacturers, defense agencies, and others — use our software.

Read Article By Shyam Sankar et al

BCG - Jan 28, 2021

Smart Simplicity in Global Business Services

Smart Simplicity involves the consolidation of all GBS activities into a more modular, interoperable, and far more comprehensively coordinated form. It is designed to achieve excellence and transform customer and employee experience, as well as user experience in general.

Read Article By Patrick Cogny, Rajiv Gupta, Eric Legrand, and Vipin Gupta

strategy+business ($) - Jan 14, 2021

Riding out the wave of disruption

In an era when the pace of technological disruption is rapidly transforming industries — think of streaming services challenging cable, ride-sharing apps versus taxicabs, or electric versus hybrid cars — both incumbents and new entrants must predict how consumers will respond to innovative offerings. A new mathematical model helps incumbent firms forecast consumer response to novel tech offerings.

Read Article By Matt Palmquist
Source Photo: Illustration by PM Images
man and woman reading process diagrams with charts behind them

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Dashboard–ing!

Do you have a dashboard that brings clarity to your organization?

Source Photo: adaptable

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Content Curation

Start making sense—choose curated content.

Source Photo: adaptable

TechRepublic ($) - Jan 7, 2021

Forrester: 12 steps CDOs can use to accelerate data-driven insights (review)

In a new report, Forrester outlines the 12 steps chief data officers can take to build, scale, and sustain data-driven discovery, analysis, and decision-making in their organizations.

Read Article By Allen Bernard
Source Photo: iStock/TCmake_photo

MIT Sloan Management Review ($) - Dec 9, 2020

Empowering a Data Culture From the Inside Out

Transforming a company into a truly data-driven business involves fundamental organizational changes… Ally MacDonald, senior editor at MIT Sloan Management Review, spoke with [Jonathan] Tudor [of GE Aviation] about his work with self-service data and organizational transformation.

Read Article By Jonathan Tudor, interviewed by Ally MacDonald

Boston Consulting Group ($) - Jan 5, 2021

Data Alchemy Can Give Decision Making the Golden Touch

Some companies will shape the future after COVID-19. They’ll use machine learning to turn massive amounts of raw information into “golden” decision[s]… The practice of data alchemy is grounded in a new appreciation for what analytics can do, how to use it effectively, and—most importantly—how to embed it in day-to-day decision making.

Read Article By François Candelon, Tom Reichert, Sylvain Duranton, and Rodolphe Charme di Carlo

HBR.org Blog ($) - Nov 26, 2020

Predicting Consumer Demand in an Unpredictable World

Predicting consumer demand for goods and services during the Covid-19 pandemic is more complicated than ever. To improve prediction, managers must abandon their biases and seek out new data sets for forecast models, tap local-market knowledge, combine the outputs of many different models, and continually test and refine them.

Read Article By Cesar Brea, Sanjin Bicanic, Yue Li, and Shweta Bhardwaj
Source Photo: Amy Sussman/Getty Images

McKinsey & Company - Jun 1, 2002

Tired of strategic planning?

Many companies get little value from their annual strategic-planning process. It should be redesigned to support real-time strategy making and to encourage ’creative accidents.’

Read Article By Eric D. Beinhocker and Sarah Kaplan Open interactive popup

HBR.org - Feb 7, 2012

Wanted: Idea Fusers

My guess is that there may be a diversity policy on the books, and that there are people of different genders and races. But we need more diversity than that. We need much more intellectual diversity, and we need to find ways to put unlike ideas together in new ways.

Read Article By Bronwyn Fryer
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McKinsey & Company - Jun 1, 2002

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