Research

The fashionable gift among generous conference organizers these days is a wearable activity tracker. I’ve been given a Fitbit One (twice), a Fitbit Flex, a Shine, and a Withings Pulse. It’s good that I get a lot of them, because I lose or launder them often. Hint to other generous conference organizers: I’d like to try out a Nike Fuelband, a Jawbone Up, or a Fitbit Force.

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Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Here are a few guidelines I’ve encountered over the years that might help people think more about selecting and establishing metrics for your supply chain.

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NINE SIGNS YOUR COMPANY IS ANALYTICAL

By Kimberly Nevala, Apr 14, 2015

The post 10 Signs You Are Analytical exposed common traits demonstrated by the analytically inclined. The traits discussed also apply to larger organisms (otherwise known as companies). But keeping a multi-headed organism on track requires more than just an analytic mindset.

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The Perils Of Marketing Attribution

By Bill Franks, Apr 09, 2015

One of the hottest topics in analytics today is marketing attribution. Attribution, for those unfamiliar, is the process of assigning credit to various marketing efforts when a sale is generated. In the modern world, this is no easy task.

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Tackling Common Analytics Problems

By Stephan Kudyba, Apr 07, 2015

So you’ve jumped on the analytics bandwagon to improve decision making and process efficiency with strategic information, but so far your plans are not working out…what’s the problem you ask? As powerful as analytics can be to provide decision support in organizations, there are a number of factors that can render analytic initiatives lackluster or of little value

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A little more than a year ago, IIA offered our first view of the landscape of analytics maturity within the healthcare provider space. In our research, providing deep quantitative assessments to more than 20 healthcare provider organizations, we uncovered two important facts:

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10 Signs That You’re Analytical

By Kimberly Nevala, Mar 31, 2015

As organizations extend the analytic umbrella – inviting business and technologists to actively collaborate in analytic insight centers and labs – contributions from the non-quantitatively inclined are more imperative than ever. An analytic orientation and critical thinking is not just for the data scientist anymore (if it ever was).

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In an Omni-Channel environment, the customer doesn’t care which division owns the inventory – they just want the product whenever and wherever they desire. Retailers have established a single view of the customer, but are still operating largely in functional silos.

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Are You Ready for Robo-Advice?

By Thomas H. Davenport, Mar 24, 2015

For several decades we have assumed that the best financial planning and wealth management advice came from smart human advisors. Over the last decade or so, those smart humans were augmented with computer systems that make recommendations on the optimal portfolio given a certain risk profile and wealth level.

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All businesses have tons of data and various tools and software to manage it. It’s what you do with that data that significantly increases your ability to compete successfully. What you do with the data is your secret weapon.

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