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Smart City orchestration via analytics-driven economic engineering

March 14, 2013

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Smart City

The Smart City challenge, at root, is a complex ‘system of systems’ problem. Implementing a point solution such as an electricity Smart Grid, can cause knock-on instabilities if not coordinated and architected in conjunction with overlapping urban designs, such as emerging electronic vehicle transportation initiatives or Smart Cloud installations. PRESENTATION LINK: http://www.sark7.com/docs/Smart_City-Financial_Engineering.pdf Macro-systemic instabilities can emerge […]

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Business analytics model risk (part 1 of 5): when is a business analytics model ‘validated’?

March 14, 2013

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Model validation

Business analytics model risk (part 1 of 5): when is a business analytics model ‘validated’? Link to introductory / header article (0 of 5) See also – recent post: 12 trends in data analytics In Jorge Luis Borges’ parable “On Rigor in Science” (“Del rigor en la ciencia”), a lost empire attains such perfection in […]

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Architecting Smart Cities: An Integrated Analytics Platform for Aligning Market-Based Sustainability

March 11, 2013

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Smart City

With 70% of the earth’s population expected to be living in urban settings by 2050, architecting sustainable cities via efficient resource supply chains is a major human imperative.  Whereas the technical infrastructures for advanced ‘smart city’ initiatives have been rapidly developing, an understanding of the associated political and economic dynamics raised by these emerging tools […]

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Architecting the evidence-based firm: technical challenges and organizational approaches

March 6, 2013

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architecting the evidence-based firm

Global organizations are beset by expanding complexity bearing accompanying uncertainty. In the wake of the still-unfolding Global Financial Crisis, an awareness of the destabilizing repercussions of misaligned incentives across an increasingly interconnected world are emerging, whether the frame be the mortgage industry, as per the U.S. subprime mortgage meltdown; securities portfolio management, via reoccurring trading […]

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Welcome to the Agora: The Whys and Hows of Social Network Analysis (SNA) for Analytics Decision Audits

February 24, 2013

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agora

Social Network Analysis (SNA) offers a powerful, low impact method to examine the quality of organizational decision processes.  Such a tool is of interest to evidence-based managers, decision professionals, and analytics practitioners alike. Continuing our journey through ancient Greek myth and philosophy, today’s missive introduces the Agora.  The Agora was an ancient Greek assembly and […]

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The Business Analytics Achilles Heel: Organizational Politics

February 20, 2013

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Achilles Heel

The Business Analytics Achilles Heel:  Organizational Politics In spite of overwhelming power and strength, a deadly vulnerability can lead to resolute destruction.  While the current generation likely has seen this in the guise of Star Wars in the form of poor ‘Death Star’ engineering, the ancient Greeks embodied this principle in the myth of Achilles.  It is proposed that organizational […]

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Analytics insight from biological systems

June 6, 2012

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bio- systems analytics as management metaphor

Network structures and information signaling patterns gleaned from the biological world may provide more than metaphoric insight into business analytics.  With deeper insight into biology from an information systems perspective, patterns for optimal analytics architectural solution patterns may be derived. Extrapolating from cellular signaling network research, organizations can similarly be studied using Social Network Analysis (SNA) and Multi-Agent […]

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60-second book review: ‘Thinking, Fast and Slow’ by D. Kahneman

May 23, 2012

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60 Second Book Review: ‘Thinking, Fast and Slow’ by D. KahnemanKahneman, D. 2011. Thinking, Fast and Slow. Farrar, Straus, Giroux. I highly recommend this book to anyone looking for a breath of fresh air and the promise of ‘a new way forward’ for business and commerce. Kahneman, a Nobel laureate in Economics, makes a clear […]

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Adopting analytics, power, and agency conflict

May 22, 2012

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An organizational decision process combined with a culture which invites challenge via experimentation is crucial. Davenport & Harris’s book ‘Competing on Analytics‘ (as well as new title ‘Analytics at Work‘  ) highlights that technology, skills, and process are simply not enough: at some point strong management support and a facilitating organizational ‘culture’ is needed to […]

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Organizational decision making and analytics

May 22, 2012

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Organizational decision-making is often framed as a process or ‘life-cycle’ which includes framing, verification, validation, and valorization.  An example is the excellent, short work on making quality decisions by J. Hammon et al entitled ‘Smart choices’ (http://www.amazon.com/Smart-Choices-Practical-Making-Decisions/dp/0875848575 ). It is often the ‘valorization’ process where decisions fail.  The word is obscure outside Europe, but interesting and […]

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