Tag Archives: Advanced Analytics
Just finished reading the McKinsey quarterly on “Putting Big Data and Advanced Analytics to work.” It is an interesting article that hits on the need to have people who understand data and understand the business.
The short-term problem is that if you’ve developed a new model that predicts or optimizes, how do you get your frontline managers to use it? That’s always a combination of simple tools and training and things like that. Then there’s a medium-term challenge, which is “How do I upscale my company to be able to do this on a broader scale?” (more…)