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All Blog Posts Tagged '#BusinessStrategy' (7)

In a World of AI Delirium, Data is the Source of Business Value

A report from Accentureclearly highlights those companies that don’t want to capitalize on AI will not survive the future (see Figure 1).  Adopt or die.  Yippee Ki Yay, Mr. Falcon.…

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Added by Bill Schmarzo on December 28, 2018 at 6:06am — No Comments

Turning Your Culture Into a Design Culture

Design is very easy to comprehend when you are building customer-centric products or services. Heck, it makes total sense to start from the customer perspective and to use the multitude of design thinking techniques to identify, validate, value and prioritize customers’ most important needs.  We got Personas, Journey Maps, Storyboards, Prototypes, Mockups, Canvases and such to help us intimately understand our customers, their environments and what it is they are trying to…

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Added by Bill Schmarzo on November 20, 2018 at 6:55pm — No Comments

Dean of Big Data Driving the Snakes of Data Science Out of Ireland

I recently had the great opportunity to keynote the Analytics Institute of Ireland’s annual conference.  The event was marvelous!  Over 500 attendees, outstanding presentations from an impressive lineup of presenters, and heavy engagement from the participants before, during and after my keynote.

Lorcan Malone, CEO of…

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Added by Bill Schmarzo on November 15, 2018 at 3:30pm — No Comments

Hypothesis Development Canvas Version 0.4

In the blog “Data Science ‘Paint by the Numbers’ with the Hypothesis Development Canvas,” I introduced the Hypothesis Development Canvas as a tool for linking an organization’s data science activities with the organization’s strategic business initiatives (see Figure 1). …

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Added by Bill Schmarzo on November 10, 2018 at 1:16pm — No Comments

How Millennials Should View the World of Data Science

Many of my MBA students are perplexed about how much data science capabilities and skills they need in order to get hired.  It appears that in many job interviews, employers are looking for students who have both business subject matter as well as data science expertise. Here is an example of such a conversation:

MBA Student: I get lots of questions about my data science skills. I don't understand the need for that from me. I will never be as good as a…

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Added by Bill Schmarzo on November 8, 2018 at 1:38pm — No Comments

The Power of Reframing and the Economics of Starting Pitching

I’m a big fan of Woody Allen’s earlier movies such as “Bananas”, “Sleeper” and especially the award winning “Annie Hall.”  One of the things that always impressed me about Woody Allen was his ability to reframe the conversation in a way that was both provocative and creative. For example in the movie “Annie Hall”, there is a scene where Annie Hall (played by Diane Keaton) and Alvy Singer (played by Woody Allen) are sitting with their respective psychoanalysts when they are both asked…

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Added by Bill Schmarzo on November 1, 2018 at 4:03am — No Comments

Data Science “Paint by the Numbers” with the Hypothesis Development Canvas

 When I was a kid, I use to love “Paint by the Numbers” sets.  Makes anyone who can paint or color between the lines a Rembrandt or Leonardo da Vinci (we can talk later about the long-term impact of forcing kids to “stay between the lines”).

 

Well, the design world is applying the “Paint by the Numbers” concept using design canvases. …

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Added by Bill Schmarzo on October 23, 2018 at 7:00am — No Comments

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