Note: ARC events are invitation only. If you are interested in learning about Council qualifications, please contact: Toby Espinosa at email@example.com
IIA Announces Completion of $1M Funding Round
Capital will be used to expand research, sales and online commerce capabilities
The International Institute for Analytics announced a $1 million fundraising round consisting of equity investments from strategic and individual investors and debt financing from KeyBank. Read More
Recent & Upcoming Research
Published in November Utilizing Multivariate Analytics for Decision Support to Enhance Patient Demand Forecasting
Stephan Kudyba – Research Brief – HARC Looking beyond traditional analytical techniques, and offering the alternative of multivariate methods, Dr. Stephen Kudyba, explains how advanced analytics can help hospitals make better staffing decisions through improving their ability to predict demand for specific services at specific points in time. Organizing Analysts in Healthcare
Bob Morison – Phone Briefing Summary – HARC Noting the different organizational structures within analytics, Bob Morison encourages organizations to bridge cross-functional silos in order to create collaboration and consistency across all analytics functions. Morison emphasizes creating a Center of Excellence, which manages a unified goal for the analytics team, resulting in the capability to disseminate valuable information throughout the organization. Analytics Lessons Learned across Industries
Dwight McNeil – Phone Briefing – HARC In this phone briefing recap, Dwight McNeil explains that though Healthcare is ahead of the curve in many aspects of analytics, they are lagging behind in using analytics to improve clinical and business outcomes. Using examples from other industries, such as politics, McNeil offers approaches and processes that healthcare can utilize in order to propel themselves forward. Customer Next Best Action
James Taylor – Event Summary – Phone Briefing – RARC Many organizations are faced with predicting the customer’s next best action in order to improve profitability and make better strategic, tactical and operation decisions. James Taylor examines the benefits of implementing a decision management system and defines a three step process for building the service. Commercial Analytics and Relationship Culture at Merck Tom Davenport – Leading Practice Brief – ERS The Commercial Analytics and Decision Sciences group at Merck has a mission to help senior leaders make better decisions. Tom Davenport attributes the success of this group to not only the superior analytical skills, but the culture and relationships the team values and upholds. Analytical Leadership
Bob Morison – Round Table – ERS In this interactive discussion, analytics leaders shared their challenges with, and strategies for, communicating about analytics to their broader organizations. Led by faculty member, Robert Morison, the conversation touched upon challenges faced by many leaders including creating business cases for advanced tools to generating demand for analytics to helping partners embrace analytical insights and translate them into action. Taming Big Data is not a Technology Issue Bill Franks – Blog In this blog, Bill Franks asks organizations to look beyond technology when focusing on big data, and look to overcome the real obstacles of culture, people and politics.
Upcoming in December Measuring On-Shelf Availability and Lost Sales Barry Leventhal – Event Summary – RARC Data Visualization Cole Nussbaumer – Research Brief – ERS/Promem
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After the election, interest in the Obama campaigns use of analytics continues, with campaign staff getting attention from corporate America.
———————————————————————— Analytics is now becoming more commonplace among another of America’s popular sports – football. But it has some challenges that don’t exist in other sports. Here are two articles that talk about its use and potential.