Exchange of Ideas: Analytics and Innovation

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A series of examples highlighting the cross-pollination of analytical methods and ideas. Diversity fuels innovation. The joke about the physicist, chemist, and statistician also suggests that at times diversity impedes progress: These three scientists are called to a room where they see a fire in the wastebasket. The physicist says, “I know what to do! [...]

What Business Can Learn from Data.gov

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Harvard Business School has recently published a case study on Data.gov, the government’s initiative to make more data available to average citizens and the private sector. There is a vast trove of data in the repositories of the various agencies of the Federal government but it can be tough to locate and put to use. [...]

Bellkor’s Pragmatic Chaos Takes Netflix Prize

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Is the Netflix Prize the new model for innovation in analytics? Are you a PhD who’d work for $1 an hour?

How to Design Smart Business Experiments

From Tom Davenport’s article in the February issue of Harvard Business Review, “How to Design Smart Business Experiments“: Every day, managers in your organization take steps to implement new ideas without having any real evidence to back them up. They fiddle with offerings, try out distribution approaches, and alter how work gets done, usually acting [...]

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