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All Blog Posts Tagged 'strategic' (14)

A Machine Learning approach to strategic market research and segmentation

Machine learning is the branch of computer science and a subfield of Artificial Intelligence that utilizes past data to learn from and use its knowledge to make future decisions. Machine learning is at the intersection of computer science, engineering, and statistics. The goal of machine learning is to generalize a detectable pattern or to create an unknown rule from given examples.



Machine learning is broadly classified into three categories but nonetheless, based on the…

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Added by Malvika Mathur on December 8, 2018 at 11:00pm — No Comments

Market Alignment - An Application of Systems Theory for Organizations

The main components of systems theory that readers might remember are “inputs,” “processes,” and “outputs.”  The part that tends to get neglected is “feedback mechanisms.”  These mechanisms tell the system the extent to which operations fit the environment.  If there is lack of fitness, there is stress.  One adaptive impulse is to make processes more complex and intelligent - i.e. sometimes described as the fight response.  Another impulse is to give up and run away - i.e. the flight…

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Added by Don Philip Faithful on June 23, 2018 at 9:00am — 1 Comment

Measuring Levels of Alignment

In my most recent blog, I discussed the idea of aligning the supply of services to market demand.  My conceptualization of “alignment” specifically relates to time intervals: i.e. having people at the right place and at the right time - for example, to take advantage of opportunities - is a sign of alignment.  Alignment for me is often about the relationship between capacity and incapacity:  the ability to supply services versus the inability to satisfy the market demand…

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Added by Don Philip Faithful on June 16, 2018 at 6:30am — No Comments

Seduction of Success

The following simulation is based on a presentation that I attended in the 1990s.  I was an investment junkie back then.  I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live.  The presenter in this case was trying to explain that investment success is sometimes a matter of chance.  He had people in the audience stand up.  He asked them to guess heads or tails.  Those that were correct continued to the next round - to guess again -…

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Added by Don Philip Faithful on March 31, 2018 at 11:00am — 2 Comments

Using Selection to Find Superman - More on Demand and Capacity

During my childhood, our school librarian said that I was invited to attend a conference of writers.  I felt honoured and privileged.  I asked what the writers intended to ask me.  She smiled and said that actually I would be asking the writers questions.  Not quite sure why I would ask these people anything and why their thoughts would matter, I nodded anyways and at some point attended the most boring event imaginable for a young child.  I thought I had died, I really did.  I sat there…

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Added by Don Philip Faithful on May 7, 2017 at 6:00am — No Comments

How to go from data to information to insights and unleash the power of strategic thinking

Recently I spoke with a Brand Director about how to find market space he can win and defend in the long run. The discussion shifted on the meaning of information and insights and, after an interesting debate on what’s insight at all[1], we found agreement by means of an example, which I’d like to present to you too. 

From data to…

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Added by Mirio De Rosa on June 13, 2016 at 9:00am — 7 Comments

Virtual Org and Behaviour by Transaction

In Java programming, there is the idea of a "virtual machine." A virtual machine is a computer system that doesn't exist in real life. Yet programs can be written for it. The code is interpreted by a runtime environment. Through this arrangement, Java programs can operate on different operating systems rather than one exclusively. Depending on one's background, the concept of a "…

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Added by Don Philip Faithful on May 23, 2015 at 6:31am — No Comments

Qualitative Engine for Organizational Simulations

Given the nature of the community, presumably many visitors already have a strong understanding of the nature of quantitative data. Perhaps more mysterious is the idea of qualitative data especially since it can sometimes be expressed in quantitative terms. For instance, "stress" as an internal response to an externality differs from person to person; yet it would be possible to canvas a large number of people and express stress levels as an aggregate based on a perceptual gradient: minimal,…

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Added by Don Philip Faithful on October 25, 2014 at 6:37am — No Comments

Data Instrumentalism

Being the son of a mechanic, I have spent many years handling power tools. I'm especially fond of a couple of hammer-drills in my possession. They can effortlessly drill holes through concrete. At least, this is what my father once claimed. He handed down his most treasured tools to me. I'm big on pliers and screwdrivers. This might be due to my vocational training as a technician. Even today - long after I completed my diploma and continued to further my education - I still carry a licence…

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Added by Don Philip Faithful on September 27, 2014 at 7:39am — No Comments

Participation in Data and the Effectiveness of Intervention

The role of statistics in data science is often debated. Despite rapid developments in technology giving access to algorithmically sophisticated approaches, I feel that statistics can still provide many worthwhile insights. If I have a database of sales figures spanning many years, I feel that I can become more aware of historic trends and seasonal patterns through the use of statistics. Statistics offers a sense of state, direction, pace, and progress. Statistics can also enable estimation…

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Added by Don Philip Faithful on July 19, 2014 at 7:57am — No Comments

Addition of Different Dimensions to Data

I was often the lone wolf among my peers in university because I supported a prominent place in society for corporations and an important social role for capital. I questioned whether the directors and executives of companies entered into boardrooms really intending to “oppress” people such as minorities and people with disabilities. Did they deliberately make bathrooms inaccessible to people in wheelchairs perhaps to advance their preconceptions of who gets to go to the bathroom, I pondered…

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Added by Don Philip Faithful on May 10, 2014 at 9:44am — No Comments

Strategic Placement for Big Data in Organizations

I tend to examine the different roles played by data. For instance, when I work on computer code, I often ask myself what the presence of data is meant to accomplish. Sometimes the analysis is not at all straightforward or simple. In society and organizations, people exist and persist in the records as data. The data survives even as employees come and go. I therefore consider it important to regard the data and its environment as a system in itself, something that has a life all of its own.…

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Added by Don Philip Faithful on May 3, 2014 at 6:30am — No Comments

Searching for Intangibles - Data Embodiment Using Protocols

I often find myself following missing-persons cases. I am interested in the reasoning behind the use of resources. There can be major deployments of capital during investigations. I tend to wonder which scenarios trigger more spending than others. I also recognize the visceral side of missing-persons cases. There are publicly accessible databases of missing persons in Canada, the United States, and I am certain many other countries. I imagine that it can be difficult to regard such…

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Added by Don Philip Faithful on January 1, 2014 at 7:12am — No Comments

Hazards of Institutional Data

A prominent discrimination case in Canada involves a firefighter named Tawney Meiorin.  Meiorin had successfully performed her duties as a firefighter for many years.  She lost her job after the introduction of mandatory testing to determine her fitness for the position.  The testing measured aerobic capacity, and it was developed in a manner that many would regard as scientific; that is to say, it used a highly quantitative and analytic approach.  However,…

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Added by Don Philip Faithful on November 23, 2013 at 4:43am — 1 Comment

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