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Channel: Management – SCTR7: Data Science and Analytics
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Our Magical Minds Redux

A link to a good article proposing that our minds evolved to see patterns and significance, predisposing us to magical and superstitious beliefs:...

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The Cutting Edge: Network Analytics for Financial Fraud Detection and Mitigation

The application of network analysis to the growing challenge of fraud and financial crime is a fast emerging advanced data analytics frontier. As any good fraud investigation knows, fraud and financial...

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Twelve Emerging Trends in Data Analytics (part 1 of 4)

INTRODUCTION Business analytics is a practitioner movement uniting several disciplines to drive value-creating decisions from data.  Central disciplines include IT / computer science, statistics, data...

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Business analytics e-learning courses from SARK7

Business Analytics E-Learning Courses Developed by SARK7 for Accenture Academy Analytics Skills I.  Introduction to Business Analytics FREE ONLINE NOW! ————————————————————— II. Defining the Business...

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When analytics fails: fueled by randomness

As an analytics professional, it may perhaps be no surprise that I believe in a world which is susceptible to analysis – a world which yields to scientific inquiry. Further, I believe that if we invest...

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Tell me… how ugly is your bad data?

The adage ‘garbage-in-garbage-out’ is an analytics mantra so ingrained it has its own shorthand: GIGO. Yet, in the mad, blind rush toward all things ‘big data’, there is the danger of sidelining the...

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Excuse me, do you speak fraud?

Excuse me, do you speak fraud? Network graph analysis for fraud detection and mitigation by Scott Mongeau Executive summary Network analysis offers a new set of techniques to tackle the persistent and...

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Fraud analytics: collected links

Recent collected posts and links to fraud detection and mitigation items: Network analytics for fraud detection & mitigation (video demostration) Part 1 video demo Part 2 video demo Semantics...

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Analytics, Big Data, and the Future of Management: RSM Leadership Summit 2014

Having visited the Erasmus Rotterdam School of Management* (RSM) 2014 Leadership Summit, ‘Big Data: What’s in it for Me?’, on October 3rd, there were a number of provocative talks exploring the...

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Manager-machine: analytics, artificial intelligence, and the uncertain future...

The brave new world of machine managers Advances in analytics and artificial intelligence increasingly encompass decision making traditionally associated with middle management. With business analytics...

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Anti money laundering (AML): the network graph analytics approach

The fight against fraud and AML often hits a ‘brick wall’ when encountering labyrinthian international, corporate structures. Even well-known brands such as Google and Starbucks, use controversial,...

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How AIG Moved Toward Evidence-Based Decision Making

Harvard Business Review:Post on AIG’s adoption of evidence based decision making: data analytics depends upon organizational management of decisions, which is influenced by decision culture and...

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Do You Know Who Owns Analytics at Your Company?

Harvard Business Review:Article observing the centralizing tendency of analytics and the corresponding need for a cross-functional perspective. Originally posted on HBR Blog Network - Harvard Business...

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The Janus Imperative: Bridging Business Silos via Analytics

Analytics professionals should keep a persistent eye open for opportunities to create cross-functional insights from data. Insights can frequently be leveraged across multiple business domains....

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HBR: The Discipline of Business Experimentation

Link to Harvard Business Review article on experimentation and analytics in business settings https://hbr.org/2014/12/the-discipline-of-business-experimentation Soon after Ron Johnson left Apple to...

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Free Big Data Analytics Handbook

SARK7:Reposting: Free Big Data Analytics Handbook Brian Liou from Leada was kind enough to provide a guest post about their latest handbook, The Data Analytics Handbook: Big Data Edition. Originally...

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Does organic food cause autism? Could Nicolas Cage movies make you more...

SARK7:Great article – correlation versus causation? Overfitting? Asks key questions and points out the dangerous misinterpretations possible in Big Data(sets)… Originally posted on Puff the Mutant...

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Cognitive analytics: practitioner perspectives (RSM lecture)

With a number of recent Hollywood films representing intelligent machines as either hero or villain, the subject of Artificial Intelligence (AI) has attracted the imagination of the media and popular...

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Reblog: HBR ‘Simplify Your Analytics Strategy’

SARK7: I often deal with companies interested in big data and analytics, but who are struggling to develop a strategy, especially the looming challenge of ‘where to start’.  This is good guidance on...

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Why is ‘data scientist’ a contentious title?

In my work and university lecturing, I speak with many senior leaders, experienced professionals, young professionals, and students, many interested in either hiring, transitioning into, or becoming a...

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