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BI & Analytics

KPI Expert Blogs

Timeless wisdom from the experts on KPIs & BI & Analytics.
Gary Cokins

A Hollywood Celebrity’s Use of Analytics

Posted by Gary Cokins over 9 years ago, 2 comments
At a recent CFO.com magazine conference I attended, Accenture’s Jeanne G. Harris, co-author of the recently published book Analytics at Work, described a Hollywood movie star who successfully applied statistical analytics to improve his career. This celebrity wanted to increase the probability they would appear in a success rather than a flop. Is the actor Tom Cruise , Meryl Streep or George Clooney? Did this movie star rely on his publicist to perform the analysis?
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Rational versus Emotional Decision Making

Posted almost 10 years ago, 0 comments
Human brain researchers have determined that the more that is on one’s mind, then the more likely one will make an emotional decision rather than a rational one. Could this provide an explanation why so many decisions by managers and employees continue to seem irrational?
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Bending the Curve – With a Fist, BI, or Analytics?

Posted almost 10 years ago, 0 comments
One of the common phrases bantered about in the USA’s debate about health care reform involves “bending the cost curve.” The phrase refers to concerns that any legislated solution must address reducing the continual increase of the USA’s health care delivery costs.
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Advocate of Analytics – Economist Paul A. Samuelson (1915-2009)

Posted almost 10 years ago, 0 comments
The death of Paul A. Samuelson, the first America Nobel Laureate in economics, is a sad but expected loss. He was 94. In receiving the Nobel Prize in 1970, Samuelson was credited with converting the field of economics from one that ponders theory about behaviors unintelligible to the common person to one that solves problems. This is economics that answers questions about cause and effect with mathematical precision and logic.
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Sports and Analytics – A Parallel to Business?

Posted about 10 years ago, 0 comments
There seems to be a growing interest in applying analytics to sports. One example is the popularity of the 2003 book Moneyball that describes the depth of analytics that general managers like Billy Beane of the Oakland Athletics apply to selecting the best players, plus batter and pitcher tactics based on the conditions of the team scores, inning, number of outs, and runners on base. I expand on this trend in an article titled Baseball + Analytics = Improved Performance. Why might this interest be?
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The Promise and Perils of Text Analytics --- Privacy

Posted about 10 years ago, 0 comments
Text analytics may be the next wave of computer analysis. In contrast to quantitative analytics, text analytics broadens mining raw source data beyond numbers to include words, phrases and sentences – alpha characters.
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