Post by: Russell Walker, Ph.D.
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Innovation
Netflix has long been heralded as a leader in the use of analytics and even the creation of novel big data. That is all true. Nobody knows more about movie tastes than Netflix, with its some 1 billion reviews in its database. The graphic above shows that Netflix can use such data and customer behavior […]
Amazon, Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Monetization, Data Products, Data Science, Digital Platforms, Netflix, Sports Analytics, Uber
With the Thanksgiving holiday upon us, it is valuable to reflect on the origin of Thanksgiving and its importance for our nation and families today. Abraham Lincoln made his Thanksgiving proclamation on October 3, 1863, during the midst of the great Civil War. He knew division and the importance of reconciliation like no leader before […]
Abraham Lincoln, Crisis Management, Decision-Making, Decisons, Diplomacy, Disagreement, Leadership, Leadership lessons, Lincoln, President, Reconciliation, Recovery, Risk Management, Thanksgiving, US President
Analytics, Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation
Executive Education Course Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science This course, Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science, led by professors Russell Walker and Edward Malthouse, will examine how firms can take big data to […]
Analytics, Big Data, Big Data Analytics, Course on Analytics, Course on Big Data, Course on Data Science, Data Monetization, Data Science, Digital, Executive Education, featured
Big Data and Analytics, Leadership
Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election The 2016 Presidential election offers many valuable lessons. It shows that for many Americans, especially those in urban areas, there is a bubble. Living in a bubble is a challenge for sound decision-making and leadership. The lessons embedded in the surprising results […]
2016 Election, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data Polls, Clinton, Clinton Trump, Crisis Management, Data Analytics, Data Science, featured, Leadership, political polls, Polls, Presidential Election, Social Media Risks, Trump
Career Advice, Global Insights, Leadership, Risk Management
“If you can’t Measure it, you can’t Manage it. ” – W. Edwards Deming Each year, as a service to our students here at Northwestern University, I hold a special session showing new graduates how to make a personal financial plan. If you are not measuring your personal finances, you are not managing your personal finances. […]
economics, edward deming, edwards deming, featured, Federal Debt, GDP, government debt, Health Insurance, measurement, Personal Finances, Politics, Poverty, State Debt, US Debt, w edward deming
Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation
Turning Data into Valuable Data Products The acquisition of LinkedIn by Microsoft raises many interesting and valuable business possibilities. LinkedIn is the first and largest repository of data on career paths for millions of people. It has deep and valuable information on firms, the path of careers, and even the best majors for specific careers. […]
Algorithm, Analytics, Asset Surveillance, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Science, featured, LinkedIn, LinkedIn Data, Microsoft, Netflix, Northwestern University, Social Media Risks, Stanford University, Tripadvisor, Wired, Yelp
Big Data and Analytics, Digital Strategy, Innovation
By now, most of us have seen or are even using programmable thermostats. One of the recent and more interesting offerings in this space is from Nest. Nest sells a thermostat that captures data about human presence to self learn what heating and cooling decisions are best. Programming is not needed; it learns what is […]
Artificial Intelligence, Asset Surveillance, Automation, Big Data, Big Data Analytics, Data Analytics, Digital, Digital Economy, Digital Platforms, featured, Google, IoT, Sensors, Technology
A great focus for many startups, investors, and entrepreneurs is creating the next Uber or Airbnb. I have examined how both Uber and Airbnb have leverage data in powerful ways. A great deal of their success comes from their superior digital platforms, so let’s examine what principles are at work in becoming the next digital disruptor. […]
Artificial Intelligence, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Digital, Digital Economy, Dit, featured, thumbnail, Uber
The below blog appeared originally at EcoCentric, a leading channel for sustainable food practices. Over the last few years, students in the Kellogg Analytical Consulting Lab, a popular lab class that I founded and teach, have undertaken novel research on the economic drivers and performance of the food industry. It is wonderful to see our […]
Beef, Better Beef, Better Burgers, ChangingTastes, EcoCentric, featured, Food, Food Supply, Food Supply Risks, Less Beef, Restaurant Financials, restaurants, Sustainable Food, Sustainable Profits
Big Data and Analytics, Digital Strategy
With the college football season underway, it is worth a look to see how the teams stack-up, not based on rankings, but based on fan loyalty. Big Data and Data Visualization help us with this and lead to some interesting insights. College football also offers us a great opportunity to look at the Big Data […]
Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Big Ten, College, College Football, Data Analytics, Data Monetization, Data Products, Data Science, Data Visualization, Facebook Football, Fan, featured, Football, Football Map, Michigan Football, NCAA, Northwestern University, Notre Dame Football
