Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
    data analytics and gold trading
    Data Analytics and the New Era of Gold Trading
    9 Min Read
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Academy Awards and Analytics-based Performance Management
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Visualization > Academy Awards and Analytics-based Performance Management
AnalyticsData VisualizationDecision Management

Academy Awards and Analytics-based Performance Management

GaryCokins
GaryCokins
4 Min Read
SHARE

I always find the acceptance speeches at Hollywood’s Academy Awards to be inspirational. The ones I enjoy most are Oscar recipients who thank the teams that contributed to their receiving the award. Success comes much more from teams than from an individual’s performance.

I always find the acceptance speeches at Hollywood’s Academy Awards to be inspirational. The ones I enjoy most are Oscar recipients who thank the teams that contributed to their receiving the award. Success comes much more from teams than from an individual’s performance.

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. They are like NASA engineers enjoying the thrill of landing an astronaut on the moon or placing a telescope in orbit that can provide facts that answer questions that so many of us are interested in the answers.

How do film awards relate to implementing projects?
There is a tight connection between Oscar winners and project teams implementing analytics-based enterprise performance management methodologies, such as customer profitability analysis, driver-based rolling financial forecasts, strategic scorecards, and operational dashboards. Each one is imbedded with business analytics of all flavors, such as regression and correlation analysis. Project teams also enjoy success seeing these types of solutions go live and being leveraged for employees to gain insights, make better decisions and align work activities and priorities with the executive team’s strategy.

More Read

How Smart Data Lakes are Revolutionizing Enterprise Analytics
Data Analytics Is Changing The Game Of Golf Forever
Get The Best Out Of Your Marketing Strategy By Integrating Analytics
Does Data Mining Really Help with White Label SEO?
Quality and warranty cost reduction strategies

Here are few examples of the Academy Award nominees with these connections:

• Inception – In this film the talented director and screenplay writer Christopher Nolan displayed previously unimaginable ways to penetrate people’s dreams. I have always felt that being a dreamer is integral to being innovative.

• The Social Network – In this film about the creation of the website Facebook we learn that connecting with colleagues to share passions and ideas is critical to developing more and better ideas. For analytics-based performance management examples include how to select the correct key performance indicators and how to use customer profitability reporting to retain, grow, and acquire the most profitable and valuable types of customers.

• The Fighter – In this film we learn that winning is never simple. It requires getting buy-in from so many others that are often resistant to change or are risk averse.

• True Grit – In this film where a young girl pursues the murderer of her father we learn how perseverance for what one’s beliefs is essential. It also demonstrates how leveraging skilled partners outside your organization can drive success.

• The King’s Speech – In this film about the how England’s King George VI overcame his speech impediment to inspire the British citizenry during World War II, there is a lesson that obstacles that impede realizing change can surmounted.

Implementing analytics-based performance management methodologies is a challenge that requires teamwork. The most motivating Oscar acceptance speeches for me are not self-serving but rather are speeches that humbly acknowledge that the collective effort of a team makes the difference.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

street address database
Why Data-Driven Companies Rely on Accurate Street Address Databases
Big Data Exclusive
predictive analytics risk management
How Predictive Analytics Is Redefining Risk Management Across Industries
Analytics Exclusive Predictive Analytics
data analytics and gold trading
Data Analytics and the New Era of Gold Trading
Analytics Big Data Exclusive
student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

PMML Group in LinkedIn: Close to 1,000 members

2 Min Read
salons using data analytics
AnalyticsExclusive

6 Huge Ways Data Analytics Can Help Salon Owners

11 Min Read

Warranty Management – New rules to apply

4 Min Read
Image
AnalyticsData MiningHadoopPredictive Analytics

5 Steps to Setting your Big Data Goals

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?