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
Here is a four-stage approach to financial forecasting. I urge you to seriously consider adopting at least level 1, then next look at how layering on the other stages might transform your approach to business planning. The four stages are: (1) Multiple Forecast Inputs, (2) Marco Polo, (3) Driver-based forecasting,
The SAS Power Series Tour had its most recent stop in the heart of Silicon Valley, San Jose. This gave me another chance to test my hypothesis that firms in the Valley are not big users of analytics. My theory goes that high-tech firms are much more focused on creating
A current media hype phrase used to describe the ever-growing volume and size of corporate information is "big data." SAS hosts an annual series of business leadership conferences that bring together industry thought leaders, innovators, world leaders, challengers and inspirational speakers to discuss the dynamics needed for a competitive future.
Nobody wants to rub people the wrong way. We've all done it, even if word never got back to us that it happened. Having ample first-hand experience with this, I deeply appreciated the opening keynote by MIT's Michael Schrage at the 2011 Disney Analytics & Optimization Summit. Schrage, research fellow
Most health care organizations either intentionally or due to some inability don’t use outside information (not just referals) in their search for fraud. There are great numbers of valid reasons for this: HIPAA, security, usable/current data sources, inflexible information systems or processes, restrictive compliance & IT departments, and the list
There is a lot of talk hither and yon about a “double-dip” recession. Not at all uncommon when you consider past recessions. Let’s take a look at some data from the June 2011 survey of senior financial executives from the Manufacturers Alliance/MAPI to dig into the double dip theories. MAPI
After a couple of solid days speaking to business leaders, listening to some of the world’s thought leaders and leading a panel discussion with the analytics leaders from DBS Bank, Allianz and Volvo Trucks, what have I learned about business analytics and what it takes to succeed? The first clue
Take a quick look at the two graphs below. Which one appears to be the LEAST complex construction? You might initially suppose it’s the bottom one, nothing but bar graphs, and maybe just one bar graph, the tallest one on the
In a business environment that is increasingly global and technological, many businesses are finding themselves subject to two significant challenges: If your product or service can be “made,” it can be copied and someone else can make it cheaper and/or better. Customers are becoming ever more knowledgeable about products, vendors
