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Decision Management and a business perspective on Big Data

by James Taylor | Aug 14, 2014 | Big Data, Decision Management

Check out this article – Business leaders need Rs not Vs: The 5 Rs of Big Data. I met Merritt,the author, at the TDWI Solution Summit on Advanced Analytics this spring. In the post, and in his subsequent work, he makes some great points. I really like his 5Rs...

Seth Godin: No Analytics without Action!

by James Taylor | Aug 12, 2014 | Decision Management, Predictive Analytics

One of my students at UCI pointed me to this great Seth Godin post: Don’t measure anything unless the data helps you make a better decision or change your actions. If you’re not prepared to change your diet or your workouts, don’t get on the scale....

Measurement, behavior, decisions and KPIs

by James Taylor | Aug 12, 2014 | Decision Management, Predictive Analytics

One of the students on my UCI Class Business Goals for Predictive Analytics quoted his mentor in a discussion we were having about cross-referencing metrics or KPIs with the decisions that influence them. Only measure those things you are willing to change and be...

Live Event: Insurance Analytics Symposium 2014: Industrializing Analytics

by James Taylor | Aug 5, 2014 | Decision Management

I am speaking on Industrializing Analytics for Better Decisions Everywhere at the Insurance Analytics Symposium in New Orleans, October 17. Insurers of all sizes know they must adopt analytics, especially predictive analytics, to maximize the value of their customers,...

The Economist: Big Data, Little Decisions

by James Taylor | Aug 1, 2014 | Decision Management, Strategy

There was a fascinating piece in the Economist last week – Little things that mean a lot. This piece really resonated with me – even the title sounds a lot like my mantra of “Big Data, Little Decisions” (you can see a selection of the articles...

Ugly Research: Data is easy, Deciding is hard

by James Taylor | Jul 30, 2014 | Decision Management, Strategy

Tracy Allison Altman over at Ugly Research has a great new  white paper – Data is easy: Deciding is hard – in which she quotes me (thanks Tracy). It’s a great paper and makes what I think is the critical point – that you don’t need a data...
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