In anticipation of her upcoming conference presentation, “It’s Not a Black Box! Explaining Predictive Models to the Masses”, at Predictive Analytics World San Francisco, March 29-April 2, 2015, we asked Sarah Holder, Senior Market Research Analyst at Duke Energy a few questions about her work in predictive analytics. Q: In your work with predictive analytics, what…
I’m going to break it to you gently. Despite all the advanced technology lining your pocket, car, home, workplace–and even the proverbial cloud floating virtually above your head–the world is a remarkably inefficient, wasteful place.
Economists like to assume the “rational economic man” – it permits them to sound as if they know what they are talking about.
Dashboards are an integral part of your performance management system and, when designed and developed correctly, will help you achieve revolutionary results.
“All unsuccessful segmented supply chains are alike; each successful supply chain is successful in its own way.”
What does your forecasting cycle look like?
For years, the focus of business process management was to manage a collection of related, structured activities or tasks that produce a specific service or product. The focus was all internal.
There are two ways you can react to a “Hey – that was my idea” situation. The first would be to throw a pity party and lament about how unfair life is – if only the car hadn’t broken down and I didn’t have grass to mow and laundry to do I could have filed a patent and been a millionaire by now. The other is to recognize
So much of life is random, and not just baseball. Or at least complicated beyond human comprehension, which is pretty much the same thing as random. And yet, we humans believe there must be a reason for what has happened,
In the Wizard of Oz, Dorothy expresses her fear of lions and tigers and bears. Some of us who head to work each morning have a fear of performance-management-buzzword animals like BSC - Balanced Scorecard, KPIs - Key Performance Indicators, and OKRs - Objectives and Key Results.