Tag Archives: data

Why Your PLM Solution Has Not Delivered Value Yet

More than two-thirds of organizations with Product Lifecycle Management (PLM) solutions in place don’t realize the expected value from their implementation. As PLM system implementations have become more prevalent, analysis of PLM value has shifted from the theoretical to the empirical. There is now a sufficient historical basis to examine where the promises of PLM have fallen short and why. ...

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Innovation Doubts

One of the first concepts I learned in a university course on statistics was not about regression analysis or significance of results but, rather, on the importance of doubt. Our professor drilled home the point that no matter how large our dataset and how clever our hypothesis, our results should always be presented using language such as “suggests” or “points ...

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We Need Actionable Intelligence Not Artificial

Why was the best performing stock in the S&P 500 compared to a flywheel? What is the flywheel model for growth? Why is data critical to high performance? What has changed to make data accessible and actionable for any firm? By mastering data and embedding intelligence into its organization and innovation any firm can now aspire to become a high performer, no matter how modest its past or unfashionable its sector.

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How Numbers Lie

It’s easy to laugh off an academic squabble. When over-educated combatants square off in an arena that most people don’t even know exists, few take notice. Yet some reverberate outside the academic world and I suspect that Paul Romer's assault on mathiness, ably summarized by Justin Fox at Bloomberg View, will be one of them.

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A Singular Pillar of Productivity

Productivity generates profit. No argument. But it has two sides – it can be achieved through maximization by increasing output with constant resources (machines and people) or through minimization with constant output and decreasing machines and people. And the main pillars of both flavors are data, tools, and process.

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