Remove 2016 Remove Risk Remove Strategy Remove Uncertainty
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Decision-Making in a Time of Crisis

O'Reilly on Data

We know, statistically, that doubling down on an 11 is a good (and common) strategy in blackjack. But when making a decision under uncertainty about the future, two things dictate the outcome: (1) the quality of the decision and (2) chance. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. This information can further be used in marketing strategies. Powered by big data, retailers can turn to a dynamic pricing strategy to analyze the market and adjust accordingly. However, this process can be automated.

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Paul Martin: CIOs don’t retire, they go work on boards

CIO Business Intelligence

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. My fellow board members look to me to make sure we’re doing the right things in our digital strategy.”. It actually makes me work harder.

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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

Crucially, it takes into account the uncertainty inherent in our experiments. It is also a sound strategy when experimenting with several parameters at the same time. To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages.

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Don’t Just Climb the Ladder. Explore the Jungle Gym

CIO Business Intelligence

You will always face uncertainty and unexpected challenges. Either way, you will have to face uncertainty. Similarly, Google Cloud’s Director of Global Healthcare Strategy and Solutions Aashima Gupta told me about the impact of mentors and sponsors in her journey. “A Whatever the case, it’s important to take calculated risks.

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Belcorp reimagines R&D with AI

CIO Business Intelligence

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” Follow a value-focused strategy.

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Global Banking & Finance Review: What Story Does the Office of the CFO Need to Tell Now?

Jet Global

The Office of the CFO sits at the heart of business strategy if it is operating productively and effectively. But without establishing a centralised rapid reporting rhythm, fed by real-time data and supported by automated reporting processes, finance runs the risk of things dropping off into silos.

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