In many ways, the early 1990s were the heyday of Special Investigation Units (SIU) for insurance companies, says Tim Wolfe, Director of Special Investigations for CNA, a commercial property and casualty insurance provider. Around that time, states started requiring companies to report suspicious claims and insurers increased staff to meet those
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Kevin Hofer, Director of Inventory Management for Sears Holdings, wins the award for best presentation analogy at The Premier Business Leadership Series. He compared the change management around Sears Holdings’ implementation of a merchandise planning system to his process for how he successfully potty trained his 18-month-old son…in one day.
The Premier Business Leadership Series in Orlando was the backdrop for a number of news announcements from SAS. Here's a rundown: 1. Big Data research A new survey has found that organizations with formal data management strategies derive more value from data assets and outperform competitors. The survey, Big Data:
When you can get three succesful corporate leaders on stage to talk at a technology conference, what do you ask them about? Corporate culture, the economy and business leadership, sure - but most importantly, you talk about technology. Specifically, what technologies should businesses be taking advantage of today? Mobile, social
Former Secretary of State General Colin Powell might have a distinguished set of credentials – former Secretary of State and National Security Adviser, four-star general, former Chairman of the Joint Chiefs of Staff – but at his core, he’s a great storyteller. As the keynote speaker for The Premier Business
Using social network analysis to predict churn is a hot topic at Analytics2011 and The Premier Business Leadership Series. Bart Baesens presented the academic perspective on the subject at Analytics2011, while down the hall one telco executive shared the story of his company’s efforts to apply the same technology
Having been buried in a windowless room in Orlando for a couple of days preparing for the Premier Business Leadership Series, I was delighted to get outside and sample a taste of Old Havana whilst networking with guests and SAS colleagues from around the world at the conference Welcome Reception
We few, we happy few, we band of brothers; For he to-day that sheds his blood with me Shall be my brother; … These lines are from the famous St. Crispin’s Day speech of Shakespeare’s historical play Henry V. King Henry V of England motivated his troops before the Battle
Traditional churn models - designed to predict whether or not customers will cancel your company's services - treat customers as isolated entities. But individual customers are not isolated entities. Rather, customers are influenced by friends, friends of friends, and others within their network. Bart Baesens, PhD, an Associate Professor at
There’s no shortage at SAS’ analytics conference A2011 of discussions around statistical modeling and optimization techniques. Kevin Norwood from Procter & Gamble, for example, discussed his company’s use of clustering, optimization and data visualization to answer questions like, “How do we reformulate our detergents when faced with an ingredient shortage?