data driven organization

7月 182016
 

Modernization is a term used to describe the necessary evolution of information technologies that organizations rely on to remain competitive in today’s constantly changing business world. New technologies – many designed to better leverage big data – challenge existing data infrastructures and business models. This forces enterprises to modernize their approach to data […]

The post Modernization and data-driven culture – Part 2 appeared first on The Data Roundtable.

7月 112016
 

Modernization is a term used to describe the necessary evolution of information technologies that organizations rely on to remain competitive in today’s constantly changing business world. New technologies – many designed to better leverage big data – challenge existing data infrastructures and business models. This forces enterprises to modernize their approach to data […]

The post Modernization and data-driven culture – Part 1 appeared first on The Data Roundtable.

11月 052014
 
Henrik Liliendahl Sørensen recently blogged about the times when a HiPPO (Highest Paid Person’s Opinion) outweighs data in business decision-making. While I have seen plenty of hefty opinions trump high-quality data, those opinions did not always come from the highest paid person. The stubborn truth is that we all hold our […]
10月 292014
 
In my previous post, I used the book Mastermind: How to Think Like Sherlock Holmes by Maria Konnikova to explain how additional information can make us overconfident even when it doesn’t add to our knowledge in a significant way. Knowing this can help us determine how much data our decisions need to be driven […]
10月 222014
 
In her book Mastermind: How to Think Like Sherlock Holmes, Maria Konnikova discussed four sets of circumstances that tend to make us overconfident: Familiarity — When we are dealing with familiar tasks, we feel somehow safer, thinking that we don't have the same need for caution as we would when trying something […]