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Channel: Management – SCTR7: Data Science and Analytics
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What do we mean by ‘proof’ in business?

The guiding purpose of this blog is to explore and discuss issues related to the practice of business analytics, diagnostics, and forecasting in large, complex organizations.  The unique perspective...

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Organizational decision making and analytics

Organizational decision-making is often framed as a process or ‘life-cycle’ which includes framing, verification, validation, and valorization.  An example is the excellent, short work on making...

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Analytics and organizational cultural maturity

It is perhaps obvious to say that there are better and worse decision-making processes, tools, and organizational practices.  Each individually can be comprehensively approached; it is the management...

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Adopting analytics, power, and agency conflict

An organizational decision process combined with a culture which invites challenge via experimentation is crucial. Davenport & Harris’s book ‘Competing on Analytics‘ (as well as new title...

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The analytics divide: leadership vs. technical experts

A wrinkle in implementing analytics is that the majority of decision experts and proponents come from a technical, structured thinking background and often give short shrift to issues of leadership and...

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60-second book review: ‘Thinking, Fast and Slow’ by D. Kahneman

60 Second Book Review: ‘Thinking, Fast and Slow’ by D. KahnemanKahneman, D. 2011. Thinking, Fast and Slow. Farrar, Straus, Giroux. I highly recommend this book to anyone looking for a breath of fresh...

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Business analytics: 50,000 year overnight success

From all the recent airplay on the topic of ‘analytics’, trending under the guise of rapidly proliferating marketing buzz-terms such as ‘Big Data’ and emerging computational practices such as ‘Machine...

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Analytics insight from biological systems

  Network structures and information signaling patterns gleaned from the biological world may provide more than metaphoric insight into business analytics.  With deeper insight into biology from an...

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Operations Management: Analytics ‘Godfather’

Hello!  This week I am blogging from the 2012 Production & Operations Management (P&OM) 4th World Conference in Amsterdam.  An exciting conference for analytics professionals indeed.   Lest you...

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Decision Management: Are we hitting natural human limits?

It is interesting to observe that it is increasingly difficult to follow a linear decision process where complex institutional projects and initiatives are involved.  We see that there are growing...

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Taming the analytics hydra with an Analytics Center of Excellence (ACE)

The Business Analytics Hydra Managing analytics, organizationally, has the aspect of a hydra, the ancient Greek mythological dragon which Hercules slew.  For each head Hercules dispatched, two more...

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Innovation management: integrated techno-economic analysis

Innovation management is increasingly  fraught with uncertainties, complexity, and ‘information overload’.  Emerging analytics methods and tools can be integrated to drive and streamline decision...

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The Business Analytics Achilles Heel: Organizational Politics

The Business Analytics Achilles Heel:  Organizational Politics In spite of overwhelming power and strength, a deadly vulnerability can lead to resolute destruction.  While the current generation likely...

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Welcome to the Agora: The Whys and Hows of Social Network Analysis (SNA) for...

Social Network Analysis (SNA) offers a powerful, low impact method to examine the quality of organizational decision processes.  Such a tool is of interest to evidence-based managers, decision...

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Architecting the evidence-based firm: technical challenges and organizational...

Global organizations are beset by expanding complexity bearing accompanying uncertainty. In the wake of the still-unfolding Global Financial Crisis, an awareness of the destabilizing repercussions of...

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Model Risk: When is a business analytics model ‘validated’?

In Jorge Luis Borges’ parable “On Rigor in Science” (“Del rigor en la ciencia”), a lost empire attains such perfection in the art of cartography that a one-for-one scale map of the empire is produced,...

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Why do we find ‘project politics’ so distasteful?

Partly I feel the lack of attention, indeed expressed distaste for, project politics is rooted in a deep paradigmatic ‘business culture’ disconnect. Underneath any organization is a bundle of...

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Culture, Analytics, and Collaborative Decision Making: U.S. Reflections on...

Blogging from the 2013 INFORMS conference on Business Analytics and Operations Research in San Antonio, Texas, I would like to offer a big Texas ‘gefeliciteerd’ to the CPB Netherlands Bureau for...

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The Once and Future King: Is Anglo-Saxon Business Culture Its Own Worst Enemy?

Recent research has suggested that political and cultural organizational factors are the greatest challenge in adopting advanced decision analytics programs (articles referenced below).  ‘Analytics...

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Seven Questions on Adopting Analytics Culture

Seven Questions on Adopting Analytics Culture Blogging from the INSNA Sunbelt XXXIII Social Network Analysis (SNA) conference in Hamburg, Germany May 21st – 26th, 2013 The BAM! blog has of late focused...

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