CIO Business Intelligence

SEPTEMBER 20, 2023

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

Digital Transformation 130

Digital Transformation Uncertainty Metrics Business Objectives 130

IBM Big Data Hub

APRIL 20, 2023

A Process Mining exercise drawing data from enterprise SAP has helped measure KPI performance and define the transformation roadmap.

KPI 68

KPI Consulting Finance Enterprise 68

Jet Global

OCTOBER 8, 2020

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context. Invariably, these activities have seen added stress in 2020.

Finance 98

Finance Reporting Forecasting Metrics 98

Sisense

MARCH 24, 2020

BA claimed that a continued investment in analytics during the crisis was a critical factor to streamlining marketing activities and thwarting fraudulent bookings when their business was especially fragile. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 138

Risk Manufacturing Enterprise Technology 138

Occam's Razor

APRIL 8, 2013

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. Measure and decide what to do.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Jet Global

NOVEMBER 16, 2021

A logistics key performance indicator (KPI) is a quantitative tool used by businesses to measure performance within their logistics department. Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials. Measurable: Is your metric quantifiable?

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Sisense

JULY 29, 2021

Stayflexi is a short-term travel app that automates many of the tedious manual processes for hotels and vacation rentals, all the way from booking to the post-stay review. The flexible booking model allows users to capture additional revenue from unsold rooms and give them greater ability to pivot as conditions demand.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

CIO Business Intelligence

SEPTEMBER 12, 2022

It requires bold bets and a willingness to persevere despite setbacks, criticism, and uncertainty,’’ wrote McKinsey senior partners Laura Furstenthal and Erik Roth in a recent blog post. “By Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

Experimentation 130

Experimentation Consulting Technology Machine Learning 130

Jet Global

MAY 10, 2021

At a time of great uncertainty, the role of finance professionals has, of necessity, evolved into an ever more strategic one. As organizational priorities shift, so too do the priorities of finance teams.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

FEBRUARY 5, 2024

Top Reasons for a Heavy Carbon Footprint From Your Supply Chain Keeping supply chains operating seamlessly in geopolitical and economic uncertainty is not a new challenge for global manufacturers, though it may feel like supply chain turbulence has become the new normal.

Optimization 52

Optimization Operational Reporting Manufacturing Reporting 52

Jet Global

OCTOBER 4, 2021

Management gurus have long been advocates of measuring, monitoring, and reporting on the numbers that matter most. You measure it using three common financial metrics, namely, days of inventory (DOI), days of payables (DOP), and days sales outstanding (DSO). Add DOI and DOP, then subtract DSO to arrive at cash to cash cycle time.

Management 96

Management KPI Metrics Recreation/Entertainment 96

Alation

JUNE 14, 2023

This removes uncertainty and ensures people know what is and isn’t expected of them.” The better question is how to measure progress or maturity of your data mesh” and that includes how people adopt the concept. Register (and book a meeting with our team). Invest in automation. The last lesson is most important.

Data-driven 52

Data-driven Finance Uncertainty Digital Transformation 52

Jet Global

JUNE 28, 2022

We’re also seeing greater volatility in global events, uncertainty in global trade policies, and more. This trend will further accelerate under BEPS, which will likely incorporate even stricter measures. It’s not just BEPS, however, that is driving the need for greater agility in tax and transfer pricing activities.

Software 52

Software Forecasting Reporting Finance 52

Jet Global

JANUARY 25, 2021

That’s not surprising, given the uncertainty of the current global economic climate. The month-end closing process, for example, can be an agonizing process for finance and accounting teams, who often resign themselves to working late into the evening when it is time to close the books. Free Up the Flow of Information.

Finance 98

Finance Reporting Software Sales 98

O'Reilly on Data

JULY 20, 2021

The framework I’ve found most helpful is Contextual Integrity which was introduced by Helen Nissenbaum in the book Privacy in Context. This measurement of trust and risk is benefited by understanding who could be in front of the device. Privacy is hard to understand.

Risk 303

Risk Software Interactive Modeling 303

Occam's Razor

APRIL 15, 2019

A decade ago, data people delivered a lot less bad news because so little could be measured with any degree of confidence. In 2019, we can measure the crap out of so much. To create enough uncertainty to fuzzy up any negative – or remotely negative – data. Eleven principles actually (buy the book!).

Measurement 79

Measurement Strategy Data Processing Uncertainty 79

Jet Global

NOVEMBER 10, 2021

It began with the arrival on scene of a pandemic, but has since been followed by ongoing supply chain uncertainty, price volatility, and disruption to the workforce. Change is inevitable, and budgeting methodologies that can easily accommodate variability can be an asset during times of particular uncertainty.

Enterprise 52

Enterprise Recreation/Entertainment Finance Reporting 52

Jet Global

JULY 14, 2022

The accrual basis of accounting measures the financial position and performance of your business by understanding economic events regardless of when cash transactions occur. It’s a measure of negative cash flow. Your cash flow position, or a cash position, simply measures how much money your company has at a particular point in time.

Finance 52

Finance Cost-Benefit Measurement Sales 52

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

bridgei2i

JULY 8, 2020

This is probably the first time ever that we are witnessing a demand, a supply, and also a resource uncertainty. And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. These are strange times.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Domino Data Lab

JUNE 2, 2019

Michelle’s observation is the first time I’ve seen an argument within data science that corresponds with Bruce Schneier’s arguments about security from his book, Beyond Fear: Thinking Sensibly about Security in an Uncertain World. The most poignant for me was a simple approach for measuring noise within an organization.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Jet Global

OCTOBER 14, 2022

This freedom to perform their own analytics unleashes your team’s investigative capability, allowing them to autonomously measure performance, analyze issues, and take action. Supply chain uncertainty isn’t going anywhere. Get a Demo. What to expect. 20-minute discovery call with a product expert.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

bridgei2i

MAY 4, 2020

So the COVID-19 crisis response has hence been centrifugal, and it has varied across countries with respect to infections, control, and lockdown measures. While customer confidence also takes time to recover from rising unemployment, the economic uncertainty, and anxiousness. So the focus here is also to protect lives and livelihoods.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

Jet Global

JUNE 10, 2022

Compliance costs are expected to be fairly significant, and uncertainty abounds. Take measures today to ensure your organization is fully prepared for BEPS compliance. The learning curve may be steep. To get a handle on BEPS compliance, companies should begin preparing now. Get a Demo. What to expect.

Forecasting 52

Forecasting Reporting Finance Software 52

Data Science and Beyond

JULY 28, 2017

About two years ago, I read the book The Year without Pants , which describes the author’s experience leading a team at Automattic (the company behind WordPress.com, among other products). While the book discusses some of the challenges of working remotely, the author’s general experience was very positive. And after 2.5

Data Science 81

Data Science Testing Measurement Uncertainty 81

Peter James Thomas

AUGUST 12, 2018

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured.

Metrics 49

Metrics Statistics Data Quality Measurement 49

datapine

SEPTEMBER 4, 2023

12) Daily Rituals Showcases the Daily Routines of Iconic Famous People **click image for source** It turns out that all great minds don’t quite think alike, and this is masterfully showcased in this example that uses key insights from the book “Daily Rituals” by Mason Currey.

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

The Unofficial Google Data Science Blog

AUGUST 27, 2019

The measurement may be biased if our samples are generated from a procedure that samples without replacement, such as reservoir sampling , especially if some items have disproportionate weight, i.e., $p(v_i) cdot n$ is large. Unpublished book chapter on importance sampling. [2] High Risk 10% 5% 33.3% How Many Strata? 16 (2): 101–133.

Metrics 98

Metrics Statistics Uncertainty Optimization 98

The Unofficial Google Data Science Blog

APRIL 17, 2017

Quantification of forecast uncertainty via simulation-based prediction intervals. First, the system may not be understood, and even if it was understood it may be extremely difficult to measure the relationships that are assumed to govern its behavior. Crucially, our approach does not rely on model performance on holdout samples.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Occam's Razor

JULY 12, 2010

Let's go look at some tools… Measuring "Invisible Virality": Tynt. It measures how often a blog post is tweeted/retweeted. I also measure the # of Comments Per Post as a measure of how "engaging" / "valuable" people found the content to be. Or for that matter how many tools.

Analytics 96

Analytics Measurement Metrics KPI 96