Five things the CEO wants to know about Big Data

Five things a CEO needs to know about big data

I spend a lot of time talking to companies about big data and data science. Many conversations are with people at the CxO level (CEO’s, COO’s, CFO’s, etc etc) and usually revolve around basic discussions of big data and data analytics.   One of the things that has surprised me a little from these discussions […]

Digital Transformation – Are CEO’s and CIO’s aligned?

Digital Transformation

I just read “Digital transformation will shape 2016” over on CIO.com and was a a passage caught my eye. Before I give you the passage, let me put the sentence into context.  The CIO article is discussing a recent IDC report titled ‘IDC FutureScape: Worldside CIO Agenda 2016 Predictions.’ This report provides some predictions on what […]

Don’t focus on the data, focus on what the data tells you

Should we stop talking about big data, and start talking about insights?

In a recent post on O’Reilly Radar titled “Turning big data into actionable insights“, Ben Lorica provides some highlights of an interview with Evangelos Simoudis regarding big data. One of the highlights is extremely important. It relates to the importance of finding actionable insights from big data and sharing those insights in a way that the organization can […]

To have a great analytics culture, you need a great communications culture

Employee-communication

When you read about big data and/or data analytics projects and systems, it is rare that you also read bout communicating the outcome of those projects. Without the ability to communicate the results of any analysis to the broader business, most big data / analytics projects are doomed to mediocrity…or even failure. The quantitative mind […]

Best practices aren’t enough

Trading Psychology 2.0: From Best Practices to Best Processes

I’m currently reading Brett Steenbarger’s “Trading Psychology 2.0: From Best Practices to Best Processes.” I’m a fan of Dr. Steenbarger’s work and bought his new book as soon as it was released. While this book is targeted at traders and investors, there’s a great deal of knowledge that can be gleaned from it that can be […]

Normalcy Bias and You

Normalcy Bias

If you aren’t familiar with the term “normalcy bias”, here’s a quick definition: Normalcy bias is…the phenomenon of disbelieving one’s situation when faced with grave and imminent danger and/or catastrophe. As in overfocusing on the actual phenomenon instead of taking evasive action, a state of paralysis. Another way to think about normalcy bias is the […]

Making Theory Meet Practice

Theory-Practice

This won’t surprise many people (at least I hope it doesn’t)…there is a huge difference between “theory” and “practice”. I’m an academic AND and practitioner. I have a Doctorate in Information Systems and have worked in aspects of IT / IS for almost 20 years now.  Theory is great at preparing people for doing things in […]

Beware the Strategy Trap(s)

strategy trap

A nice short post over on Farnam Street today highlights the various traps that people and companies can find themselves in when they begin looking at strategy and strategic planning.  The article, titled “Six Strategy Traps“, highlights a passage from a great book on strategy by Roger Martin and A. G. Lafley titled “Playing to Win: […]

Don’t Ask if you Can’t Act

Don't Ask if You Can't Do

In a recent Harvard Business Review article titled “Don’t Ask for New Ideas If You’re Not Ready to Act on Them”, Ron Ashkenas provides an example of a company wanting to do the ‘right’ thing but not having the processes or systems in place to pull it off. The example provided by Ashkenas is one […]

Are you looking at all aspects of your business to identify cost savings?

Savings Ahead

I just read “Businesses prefer to cut in-house costs than challenge providers of outsourced services, survey finds” and just had to write a bit about the article. The article, which reports on a survey by Alsbridge, claims that many businesses today are focused on cutting internal costs rather than looking at outsourced providers and services […]