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EventsWhich Part of Your Data Analytics Dollar is Wasted? - Decision Analysis as Guidance for Data AnalysisSDP Free Webinar
19 Dec, 2018 | 8:00 am PT / 11:00 am ET Speaker: Speaker: Robert D. Brown III, Senior Consultant, Endeavor Management Moderator: Patrick Leach, Independent Strategy Consultant and Adjunct Faculty, Colorado School of Mines Abstract: Big Data, machine learning, and data science are all the rage and seem to be making promises to alleviate the problems of biased and ad hoc decision making. Unfortunately, the statistics regarding the success rate of these initiatives isn't so optimistic. Together decision analysts and data analysts can improve the effectiveness of data analytics investments by following the principles of Decision Quality by clarifying why the data analytics initiatives are important to the business, how much to spend on acquiring data, and by prioritizing our initiatives according to their marginal contribution of value from a portfolio perspective. Add this event to your calendar
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Speaker Robert Brown has provided guidance, deep insights, and valuable solutions throughout his 20+ year career for clients facing complex, high-risk problems related to strategic planning, project valuation and planning, project portfolio analysis, and process improvement by employing creative thinking and advanced quantitative, business and systems analysis. His experience spans diverse commercial fields including telecommunications, IT, energy, utilities, logistics & transportation, pharmaceuticals, and electronics manufacturing. He’s the author of the recently published book "Business Case Analysis with R – Simulation Tutorials to Support Complex Business Decisions" (Springer-Nature-Apress). Moderator
Patrick Leach, Independent Strategy Consultant and Adjunct Faculty, Colorado School of Mines Pat Leach has over thirty years of experience in industry and consulting. He joined Decision Strategies Inc. in 2004, and was CEO of the company from August of 2011 through July of 2016. He now works as an independent strategy consultant and teaches at the Colorado School of Mines.
Pat is the author of "Why Can't You Just Give Me the Number?" - An executive's guide to using probabilistic thinking to manage risk and to make better decisions, which is now out in its Second Edition. He is a Charter Fellow and is currently the Vice-President of the SDP, and holds memberships in the SPE, the International Society of Sustainability Professionals, and INFORMS.
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