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
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 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

Overlapping Decision Management Technologies Product Categories
The Twitter API Creates Massive Opportunities To Analyze Big Data
Choosing Your First Programming Language
Introduction to Data Lineage
4 Ways Hadoop Is Improving Our Healthcare System

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

sales and data analytics
How Data Analytics Improves Lead Management and Sales Results
Analytics Big Data Exclusive
ai in marketing
How AI and Smart Platforms Improve Email Marketing
Artificial Intelligence Exclusive Marketing
AI Document Verification for Legal Firms: Importance & Top Tools
AI Document Verification for Legal Firms: Importance & Top Tools
Artificial Intelligence Exclusive
AI supply chain
AI Tools Are Strengthening Global Supply Chains
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

What to Do When You Don’t Know What You Don’t Know…

5 Min Read
use of predictive analytics
AnalyticsExclusivePredictive Analytics

Predictive Analytics Advances Rewrite Rules On Corporate Conferences

5 Min Read

ggplot2 and the grammar of graphics

4 Min Read

The Data Analytics of Hurricane Irene

3 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?