decision making

Data Science Applied In Business Today. In the past decade, there has been an explosion in the application of data science outside of academic realms. The use of general, statistical, predictive machine learning models has achieved high success rates across multiple occupations including finance, ma…

When you think of day-to-day operations, it’s usually about lowering costs and improving efficiency. Sure, there’s a need to have security and privacy controls, but at the operational level, is there a real desire to understand data—and make it work harder for you? In today’s competitive landscape,…

You may have lots of good people collecting and analyzing data. But have you ever thought about how human bias and expectations can affect the results of your analysis? Or the quality of the decisions your company makes based on that analysis? My most recent podcast guest certainly has. Annie Duke h…

In my previous blog, I discussed the most common question I receive, “How do I begin the digitization journey for my company?” The next question is often, “How do we change our corporate culture?” Corporate culture is key to the success or failure of digital business transformation. From my conversa…

Holding onto “Tribal Knowledge” Recent data from the Department of Energy (DOE) indicates that approximately 60% of electric utility workers will be eligible for retirement in the next five years. The impending loss of the most skilled and knowledgeable workers in the industry has put many utility c…

Sooner or later we all feel like throwing up our hands and cursing the complexity of modern life. But while technology may seem the chief culprit in making things unmanageable, it is also the ultimate solution to complexity. In the Internet of Everything (IoE) era, it is particularly important for b…