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Business Analytics and Hollywood: A Match Made in Heaven?

My favorite acceptance speeches are from Oscar recipients in science and technology. In contrast to actors, directors and writers, these winners love pushing the envelope in fields like animation, special effects, costume design and sound editing....

Posted February 24, 2013    

Business Analytics – Opposition or Proposition?

Metaphorically, belief and disbelief in business analytics as a competitive edge - and not just a passing fad - meet at a door. On one side is passion, and on the other, fear. Passion always lives with fear. Those with passion for a methodology,...

Posted January 26, 2013    

Sticking vs Backsliding – It Is So Sad

Have you ever been frustrated by witnessing a good decision be reversed and falling back to old ways of doing things? I have. Allow me to share a couple of examples.Unintended consequencesA few years ago when I was with Deloitte’s consulting arm I...

Posted October 16, 2012    

The Higher You Are, the Less You Know

I recently participated in a provocative discussion thread of a website where the question was asked, “Why do executives fail to act on proposed ideas that could save a company substantial amounts of money?” I was expecting a debate between...

Posted September 23, 2012    

Analytics Blogger – Journalist or Personal Diary?

There are several bloggers like me who write about the topics of analytics and enterprise risk and performance management (ERM / EPM). What are our writing styles?Some do a deep dive into the details of equations and algorithms of analytics or of...

Posted July 31, 2012    

Analytics and Big Data – Press pause on the Stairmaster

Our lives have become hectic. We are working harder and longer. We talk about life balance, but for so many of us we continue to have imbalance. Every once in a while we need to step back, press the “pause” button on the Stairmaster exercise machine...

Posted July 24, 2012    

Analytics In a “City That Works”

This is a difficult blog for me to write. Why? Because I grew up in Chicago that is known for being the “city that works” which means rarely being dysfunctional. However this past week I was on a business trip in Chicago’s rival New York City and...

Posted July 17, 2012    

Analytics Admittance: Adults Unaccompanied by Minors

 The Motion Picture Association of America's film rating system rates a film's content suitability for variuos audiences. For example, A PG-13 rating requires children age 13 or under to be accompanied by a parent or adult guardian if some...

Posted July 10, 2012    

Board of Directors’ Dashboards – Navigation or naiveté?

Have you ever wondered about how well boards of directors do their job? I have. And I do not have a good answer. But I was stimulated by an article written by Donald Delves, President of The Delves Group, titled “Dashboards for Boards.”Ever since...

Posted June 27, 2012    

CRM+ERP+S&OP+ … +BI+BA = EPM

There is continuing evidence that there is a lack of consensus and ambiguity about the term “enterprise performance management.” As an example blogger Ann All posted an article titled “BPM + CRM = Improved (not Perfect) Customer Service.” In her...

Posted June 6, 2012    

Analytics for Creating More Choices

Choice covers both the capacity to control people and events, and an underlying belief in the possibility of such control. Being able to rule your environment gives power to self-determination, even for babies. In a study, researchers attached...

Posted May 15, 2012    

An Analytics Story Problem: When will two trains collide?

I recently presented a keynote presentation at the annual conference of the joint Ohio chapters of the Institute of Management Accountants. I shared the stage with Mike Willis, Partner, PricewaterhouseCoopers and the founder of and Chairman Emeritus...

Posted May 2, 2012