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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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What do we mean by ‘proof’ in business?

May 21, 2012

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The guiding purpose of this blog is to explore and discuss issues related to the practice of business analytics, diagnostics, and forecasting in large, complex organizations.  The unique perspective here is to blend both management theory and technical methods in order better to serve active practitioners, be they managers, consultants, or advanced analytics technical experts. […]

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