Insights

5 Mistakes to Avoid When Jumpstarting HR Analytics

Nov 15, 2018

We have seen a great deal of buzz surrounding HR analytics in the last couple of years. There have been publications across the globe covering lessons learned in HR analytics initiatives. After reading much of this content, a few observations stand out. First, getting from analyzing people data to achieving tangible results for your organization is a difficult thing to achieve. There are many initiatives in HR analytics, but when it comes...

Talent Shortage Considered a Top Risk Among Executives

Nov 07, 2018

A shrinking pool of qualified candidates surfaced as a top business risk for global executives in risk, audit, finance, and compliance, according to a recent survey by Gartner, Inc. In a time of historically low unemployment where the supply of available workers is much lower, organizations are struggling to find and retain the talent they need to meet their strategic objectives. At No. 3, behind accelerating privacy regulation and cloud...

Applying Risk Analytics into Finance

Nov 02, 2018

In banks and financial institutions, there is a typical barrier that exists between Finance and Risk. The Finance world is very “exact”. A balance sheet or a Profit and Loss (P&L) statement have to be very precise. In the Risk Management world, things are slightly different. It is common that numbers are created as a result from statistical analysis or stochastic simulations; recipes vary in order to create those numbers....

5 Best Practices Toward Data-Driven Government

Oct 26, 2018

The approach of making government decisions based on the collected information is not a new idea. It can be dated back to the age when data was not stored electronically. Traditionally, data is isolated in different organization silos. Government organizations have collected and managed data only to serve their own business interests and to support internal reporting needs. As a result of this culture, extracting intelligence from the data...

ODSC West 2018 to Bring Together Data Science and AI Experts Oct 31 to Nov 3

Oct 17, 2018

(Content sponsored by Open Data Science, LLC) Open Data Science, LLC will bring their popular applied data science and artificial intelligence conference, ODSC West 2018 , to San Francisco this October 31 to November 3. At this event, attendees will learn about the latest insights and tools and topics in artificial intelligence and data science, how to apply these skill to their work, and hear from some of the brightest minds in the...

7 Hallmarks of a Great Analyst

Oct 12, 2018

There are lots of analysts. Few good ones – and excellent ones are like hens teeth. Analysts are the interface between data and action – the insight of the organization. They are important. They can change your strategy. They can leverage and exploit your big data into smart data. They transform data to insight and let you take evidence-based action. The most cited gripe I hear about analysts working in the industry is " so...

What the C-Suite Needs To Know About Data Science

Oct 05, 2018

When it comes to data science, the C-Suite needs to be involved. There are a number of factors that lead to success with analytics, but without you, none of those really matter. Many executives get involved with analytics projects once they have overrun their budgets or failed to meet ROI goals. I have been called in to fix a number of derailed projects and we all say the same thing, “I wish we’d have gotten involved...

6 Creative Ways Big Data Drives Sales Success

Sep 27, 2018

Recently, in a coaching session with my boss, we were discussing the importance of big data. We were looking at both ends of the spectrum: a creative mind that paints by numbers in the abstract versus an analytical mind who presents flat spreadsheets. I used to aim for the middle, but my new goal is to combine the best of both worlds without the worst of either. Free-flowing creativity creates a wonderful and inclusive culture, but too...

Shaping the Future of Human Wellness through Modern Technology

Sep 21, 2018

Did you know the healthcare operating model has essentially stayed the same for 100 years? If you think about it, any system that is 100 years old has obviously been updated since, and it’s high time we work to bring the healthcare system up to speed, too. The healthcare industry may move at a slower pace than other segments in terms of modernizing processes, but it is certainly working to adapt digital technology. It’s a great...

The Disruptive Impact of the Digital Revolution on Accounting

Sep 14, 2018

Organizations are slow at adopting progressive methods. This is true for CFOs, CPAs and accountants. The accounting profession needs to prepare for change and threats to competitive advantage because there is an accelerating and disruptive digital technologies transformation in progress called the “digital revolution”. We are witnessing significant changes in the nature of technologies available for today’s managers and...

Watson Gives Players an Edge at US Open Tennis Championships

Sep 07, 2018

IBM Watson is partnering with tennis players and coaches to enhance their game strategy and better prepare for matches. As a partner of the US Open tournament for more than 25 years, IBM and the USTA will integrate its AI Highlights technology into player performance as the tournament enters the next phase of its technology journey. For the past year, IBM has been working with the USTA Player Development's performance team to...

An Analytics Journey – Big or Small – Needs the Right Data

Sep 05, 2018

In order to succeed in a digital world, companies must get out of inertia and negative complexity. Instead, companies must focus on the future from a digital perspective and working backwards. This includes changing retrograde accounts for predictive analytics, combined with experimental data-driven strategy. Yet even then, the data may not contain the proper answer. The combination of some data and aching desire for an answer does not...

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