Not Just Google: Some business leaders have watched with a mix of envy and consternation as the technology firms, and large retailers, have taken advantage of big data. Until now, smaller firms have not been able to afford significant data science operations. However, predictions are that this year and next will be the year when Small to Mid-sized Enterprises (SMEs) …
Book Review: The Undoing Project by Michael Lewis
Following Lewis: There are a couple of authors who I like to “follow.” By that I mean, I usually get any new book they publish. Michael Lewis is one of those authors. It all started with Moneyball, even though I’m a dyed-in-the-wool NON sports fan. And so The Undoing Project was a must on my reading list. As is almost …
Book Review: Naked Statistics by Charles Wheelan
How many times have you wondered how two different people looking at the same report managed to draw totally opposite conclusions? How many times have you looked at a set of data yourself and decided that the data must be wrong because it doesn’t show what you “know” to be true? Well, I suspect that you aren’t alone. I suspect …
Book Review: Part II; How to Measure Anything by Douglas Hubbard
Finding the value of intangibles in business: In Part I of this review, I introduced the notion that in a past life, I had often had the discussion of “the financial risk of adding a salesperson” to a territory to grow revenue and market share. It seemed there were too many variables to consider and, being overwhelmed with possibilities, we …
Book Review: Part I; How to Measure Anything by Douglas W. Hubbard
Finding the value of intangibles in business: Many times throughout my career, I’ve been confronted with the difficulty of presenting a business case for one project or another to colleagues or management. I suspect many of you have had similar experiences. Perhaps the most frequent reason for failing to win the approval of “my project,” was that I had not …