In the last post, I introduced a case study for a product manager. Here, I’ll show you the basics for how to build the corresponding decision model and introduce the Causal Decision Diagram (CDD)...
In my last post I looked at the problems in getting the data to support evidence-based decision making. We get that data through decision modeling, so here I’ll begin a deep dive into Decision...
In my last post, I introduced two problems in evidence-based decision-making. Here they are in a little more detail, along with the beginning of a solution. Problem 1: How can decision makers identify the...
Most conversations between decision makers and data professionals begin back-to-front If you’re a decision maker who wants to make the best use of data and other information resources, such as artificial intelligence (AI), to...
A lot of organizations are facing new mandates to be more “evidence-based” or “data-driven”. Part of the reason is that there’s a lot more data available than ever before, so why not use it?...
Is your use of data equipping your organization to be a comfy sedan or a Formula 1™ race car? Data. Whatever you may or may not know about it, it’s a safe bet that...
As data storage and management becomes less expensive, many organizations are tasked with being “data-driven”. What does this mean in practice? For many, using data to inform important organizational decisions is an important goal....
Forbes reports that “most AI projects fail”; Techrepublic puts the number at 85%. How do we reconcile this reality with claims of AI as representing an “existential threat” such as those from Elon Musk...
Social media bombards us with big lies. The juicier and click-baitier, the better, and the happier are advertisers. Unfortunately, disinformation is often plausible as well as attractive. By promising to right an imaginary or...
In artificial intelligence, machine learning, decision intelligence, statistics, and science, we use the word “decision” to mean a lot of things. Let’s tease out some distinctions: Decision Type Name Question answered Primary information Source...