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
Fall is nearly here in Evanston, Illinois; the maples are turning orange and the summer is quickly cooling. In the coming weeks, we will welcome our new students to campus at Northwestern University. It is always an exciting time of the year. It is exciting to be part of the new journey that our students […]
Big Data, Career Advice, Career Advice for Data Scientists, Career Advice for MBAs, Career Advice in Analytics, Career Development, College, College Advice, Cost of College, featured, getting the most from an MBA, getting the most from college, MBA, MBA advice, MBA tips, Preparing for College, University advice, University tips
Digital Strategy, Risk Management
Walmart recently announced that it is purchasing Jet.com for some $3.3 billion dollars. For Jet.com, which was founded in January of 2014, it is a remarkable return in a short period of time. The purchase shows that the battleground for E-commerce is being fought on digital convenience and value to customers. E-commerce has two-fronts: the […]
Algorithm, Amazon, Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Convenience, Data Analytics, Data Monetization, Data Science, Digital, Digital Economy, E-Commerce, eBay, ecommerce, featured, Jet.com, Logistics, Mobile, Online Shopping, Shopping, Supply Chain, Technology, Value, Walmart
Big Data and Analytics, Digital Strategy
This weekend, we learned that Verizon has agreed to purchase Yahoo! for $4.83 billion dollars. Recently, Salesforce.com CEO, Mark Benioff announced that it would have paid more than the $26.2 billion paid by Microsoft for LinkedIn. With Verizon’s $4.4 billion purchase of AOL last year, these mega transactions raise some questions about what is a […]
Analytics, AOL, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Big Data Value, Customer Data, Data Analytics, Data Capture, Data Monetization, Data Products, Digital Platforms, Facebook, featured, Google, IBM, LinkedIn, Microsoft, Mobile, Social Network Data, The Weather Channel, Twitter, User Data, Value of Big Data, Value of customer Data, Value of LinkedIn Data, Value of User Data, Value of Yahoo Data, Verizon, Weather Data, Yahoo
Big Data and Analytics, Digital Strategy
Program on Creating Valuable Digital, Social, and Mobile Touch Points with Customer Includes: Measuring & Managing Digital, Social, and Mobile Touch Points with Customers Strategies for Monetizing Big Data Opportunities for Creating Data Products Leading the Data Science Team Creating New Data for Digital Disruption Managing Data Assets for Growth and Innovation Professor Walker […]
Algorithm, Analytics, Artificial Intelligence, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Data Visualiation, Digital, Digital Economy, Digital Platforms, IoT, Location Based Services, Mobile, Mobile Data, Monetization, Monetization Strategy, Northwestern University, San Francisco Analytics, San Francisco Big Data, San Francisco Data Science, Sharing Economy, Social Media Data, Technology