Combatting Data Puddles
Since the dawn of analytics organizations have struggled…
Data Visualization and the U.S. House - A New Approach #4
As I suggested in the last post, let’s try using a table instead of a graph to see how House of Representatives election results correlate with the incumbent president’s party
From Data Lakes To Data Swamps
Data lakes may be overhyped, but they clearly represent a new opportunity for enterprise analytics. The danger is that: “By its definition, a data lake accepts any data, without oversight or governance. Without descriptive metadata and a mechanism to maintain it, the data lake risks turning into a data swamp.” Some proponents of data lakes…
Caution: When KPIs Turn To Poison
Just imagine you put some KPIs in place and instead of measuring and improving performance, they lead to the opposite: A mindless chasing of numbers, resulting in reduced performance.
On the Nature of Reported Truth
I find it painful that despite all the amazing data available at our fingertips, it’s sometimes still so hard to get at the “truth.”
Justifying Your BPM Expenditures
Your BPM project must justify its price either by cutting costs or increasing revenue. This is about your return on investment (ROI). If the ROI isn’t there…
Data is a Strategic Marketing Asset
In business, better-informed decisions often start with a strong appetite for data, followed by a healthy dose of skepticism for it. If available, our collective insight becomes the guiding light for our decisions enhanced by data. In the absence of it—when we are left to decide by ourselves—we seek wisdom in our own experiences to fill the void where we can’t find or rely on data.
Risk Management & Process Management
I can’t imagine any company that doesn’t assess their risks. I am sure that there are thousands of ways companies assess risk. However, if companies are not in medical manufacturing they likely won’t have a documented procedure for managing risk.
Customer Relations by Walking Around
Perhaps nowhere is the saying “time is money” more true than in the construction industry. There is no better indicator of project cost and budget over/underrun
Memo to Millennials: Raise Your Voices (And Master Analytics)
Some elders believe Millennials are spoiled and have been allowed too much to “have it their own way.” I say nonsense to this claim. We need youth to implement data management methods and techniques that their elders are hesitant, reluctant, or fearful to try.