11–16 of 16 posts
That last thought makes me upset when I think of people as the product.
I'd like to see a solid argument for a new style of management that uses statistics in new ways. For the most part, my experience with the phrase "data driven" has been a negative one. Most of the time, when I have a client that claims to be "data driven", they are using a style of argument to avoid direct, honest conversations. When I wrote "When companies make a fetish of being data driven they reward a passive agg…
Ultimate problem being, if you're only staring at data, it's hard to tell the difference between critical systems that look like they don't do anything and useless systems that drag the system down. You need to understand the whole system, and not just the measures you're extracting from it.
I'd like to see a solid argument for a new style of management that uses statistics in new ways. For the most part, my experience with the phrase "data driven" has been a negative one. Most of the time, when I have a client that claims to be "data driven", they are using a style of argument to avoid direct, honest conversations. When I wrote "When companies make a fetish of being data driven they reward a passive agg…
How about the organizations that failed to manage using data driven decisions and took huge risks: Merrill Lynch, Washington Mutual, AIG,....?
Trusting the algorithm gets flak but it sure has plenty of anecdotal evidence to support why it is superior to gut instinct and wisdom in many circumstances.
I'd like to see a solid argument for a new style of management that uses statistics in new ways. For the most part, my experience with the phrase "data driven" has been a negative one. Most of the time, when I have a client that claims to be "data driven", they are using a style of argument to avoid direct, honest conversations. When I wrote "When companies make a fetish of being data driven they reward a passive agg…
How about the Oakland Athletics, the Boston Red Sox, the Chicago Cubs, or the Golden State Warriors? All of these teams bucked a very strong counter-current by applying data-driven management practices. Go back even further to General Electric under neutron Jack Welsh, who advocated six sigma practices with great success. More controversially, look at the practices of the financial industry. Decisions grounded by sou…
I'd like to see a solid argument for a new style of management that uses statistics in new ways. For the most part, my experience with the phrase "data driven" has been a negative one. Most of the time, when I have a client that claims to be "data driven", they are using a style of argument to avoid direct, honest conversations. When I wrote "When companies make a fetish of being data driven they reward a passive agg…
The longer time goes on, the discussions I see and hear about "data driven" business sound more and more like the discussions my father used to have with my mother about how the bean counters were ruining the ability of the company he worked for to operate and do business. Ultimate problem being, if you're only staring at data, it's hard to tell the difference between critical systems that look like they don't do any…
> Ultimate problem being, if you're only staring at data, it's hard to tell the difference between critical systems that look like they don't do anything and useless systems that drag the system down. You need to understand the whole system, and not just the measures you're extracting from it.
Thanks for the insight. Do you think adoption of graph databases like Neo4j help in making the contextual use of data a more intuitive process?
Headline is misleading. This is reporting on some research showing that adoption of the "data-driven" buzzword is fairly slow. The assertion is made that this is important, without evidence. Not answered: fast enough for what?
You might say the article is lacking data to support its claims. I guess it was too difficult to gather.