Remove Data-driven Remove Key Performance Indicator Remove Measurement Remove Uncertainty
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How data and analytics can help businesses stay ahead in uncertain times

Data Insight

During these unprecedented times, it’s more important than ever for businesses to be data-driven. Analysis and data, can help businesses understand and respond to market changes, and predict and plan for how things may change in the future. We’ve outlined the four key data-driven phases that businesses should be considering.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. 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.

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AI Product Management After Deployment

O'Reilly on Data

From a technical perspective, it is entirely possible for ML systems to function on wildly different data. For example, you can ask an ML model to make an inference on data taken from a distribution very different from what it was trained on—but that, of course, results in unpredictable and often undesired performance.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

However, the construction industry includes a plethora of non-financial data points to track – are projects being delivered on time? As a result, measuring success by financials alone isn’t enough for construction and engineering professionals. KPIs measure performance toward achieving your strategic goals or objectives.

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Top 10 Supply Chain Management KPIs

Jet Global

More than ever before, business leaders recognize that top-performing organizations are driven by data. Management gurus have long been advocates of measuring, monitoring, and reporting on the numbers that matter most. Add DOI and DOP, then subtract DSO to arrive at cash to cash cycle time. On-Time Shipment.