Every once in a while, in every career, we’re faced with a completely new situation, whether it’s choosing a startup idea, pricing a new product, deciding where to live, or selecting a company to...
This is my final post in this series, where I pull everything together. In Connecting Decisions to Data I introduced a Decision Intelligence case study where a manager needs to make three decisions about...
In my prior post, Simulating Actions to Outcomes: The Opportunity Envelope, I showed you a graph of the simulation result for the First Manufacturing Run case study. In this post I’ll show you how...
In my Connecting Decisions to Data post I introduced a Decision Intelligence case study where a manager needs to make three decisions about a new product’s first production run. Then I identified three decision...
In this post I discuss how Decision Intelligence differs from the current best practices in decision support epitomized by Business Intelligence solutions. My particular focus will be on why the typical “data-to-dashboard” Business Intelligence...
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....
So this is pretty basic. But it’s huge. Problem: You are working at a bank and have been tasked with developing a new customer care program. You’re making good progress, and reach out one...
I’m going to write a series of posts about the core elements of a decision model. This one’s about Levers: simulations of things you can change as you make the decision. We might also have...
In our years building decision intelligence models for domains like banking, telecom, and more, the project that I am most proud of is the work that we did for Liberia in collaboration with The...
The idea of predictive analytics can seem like magic: how, really, can a computer predict the future? Yet we’ve seen a lot of success based on this advanced technology in recent years, from Netflix...
