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IT support
“IT will fully support the project.” Reasonable expectation or wishful thinking? All Business Analytics initiatives use information technology and most require more than a cursory level of interaction...
View Article*What’s Wrong with Expert Predictions*
That is the title of a highly recommended discussion being hosted this month at Cato Unbound: The editors’ introduction is here. Dan Gardner and Philip Tetlock’s lead essay, ‘Overcoming Our Aversion to...
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The ideal sponsor
What are the defining attributes of the ideal Business Analytics sponsor? Over the years we have distilled them down to three, the ‘holy trinity’: Understanding: The sponsor needs to be analytically...
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*What’s Wrong with Expert Predictions* – Commentary
Enough of Cato Unbound’s What’s Wrong With Expert Predictions debate has now unfolded that it makes sense for me to offer some commentary. The discussion encompasses many predictive and decision-making...
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*My Bias against Certainty*
That’s Scott Adams (of Dilbert fame): Advocates – for anything – generally present their arguments as absolutes, in the form of “This is 100% right and the alternative is 100% wrong.” That might make...
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The human infrastructure of an arms race environment
The New Yorker recently ran a fascinating profile of Ray Dalio, the founder of Bridgewater Associates, the world’s richest hedge fund. From an Analyst First point of view the piece offers a window into...
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Data is different
Thomas C. Redman at HBR recommends Four Steps to Fixing Your Bad Data: Admit you have a data quality problem. Just like any twelve-step program, admitting the problem is key. From there, follow the...
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Project risk
BBC News reports that ‘black swans’ are busting IT budgets. One in six large IT projects go over budget by an average of 200%, according to a recent Oxford University and McKinsey study, ‘Why Your IT...
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Lean Startup update
Eric Ries, Harvard Business School’s ‘Entrepreneur-in-Residence’ and the founder of Lean Startup, has been interviewed a number of times recently following the launch of his Lean Startup book. As we...
View ArticleGetting Started with Predictive Analytics in the Public Sector
On Tuesday night I presented Getting started with Predictive Analytics in the Public Sector to a public meeting of Analyst First in Canberra. The presentation itself is an update of one given in June...
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