Organizations have become good at finding answers to questions. Where they need to improve is in asking the right questions, according to Dries Van Nieuwenhuyse, General Manager Performance Management USG People Interservices NV. “IT people tend to be applied scientists whose job is to answer specific questions but in analytics,
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The Premier Business Leadership Series focused largely – and rightly – on the business benefits of analytics. But driving those benefits requires a serious analysis of the business environment and what is going to deliver most value to the organization. Looking at what was done in the past won’t cut
Organizations that pile up huge amounts of data without turning it into actionable information are like alcoholics. And the first step towards curing themselves is admitting they have a problem. Dev Govender, Head of Enterprise Information Management at South Africa’s largest bank, ABSA, was challenged to convince senior management that
At the Insight Session on Business Performance, Processes and Systems, George Ioannou, Professor of Operations Management at Athens University of Economics and Business said truth resides in data. But finding that data is like trying to find a pirates’ treasure buried on a desert island. It takes more than
Shailendra Ghorpade of MetLife, Daniel Hamilton of Johns Hopkins University and Penelope Naas of Citi are all committed Atlanticists: but they all see some issues ahead, especially for Europe, and according to Daniel the window of opportunity for putting things right is a small one. In the AmCham EU panel
A poll of The Premier Business Leadership Series audience revealed that very few business leaders need convincing that social media is changing the way organizations interact with customers and other stakeholders. The only doubts revolve around how and what to do about it. A panel discussion on the impact of
Jim Davis, CMO at SAS reckons he has seen more change in business and economics in the past two or three years than in the previous 20. “To succeed in business you have to innovate, you have to do brand new things. Only problem is, that brings risks,” Jim said
A panel of risk experts gave their reaction to the publication of the fifth global risk management survey report undertaken by SAS and the Economist Intelligence Unit. The report suggests that while lessons have been learned, some institutions may be sliding into complacency. At any rate, risk appetites are growing
Journalist and author David McCandless is a man with a passion: data visualization. Numbers have become so huge – in economics, business, statistics, science – that mere mortals just can’t get their heads round them. He illustrated that point today at The Premier Business Leadership Conference in his talk, "The
In the poll that kicked off the Premier Business Leadership Series Executive Viewpoint discussion, a majority of the audience disagreed with the proposition that most CEOs appreciate the importance of analytics in managing their organisations and rely on them far more than instinct or gut feel. Well, if that is