In the late '90s, I had a colleague who was fond of saying, "When an operations analyst encounters a problem, he opens a spreadsheet. Now he has two problems..." Indeed. If you are responsible for a project that has a spreadsheet as a deliverable, go and suspend it now. Yes, now. Go on. When you return I'll explain why you had to do it. Done? OK, I'll continue. First, let … [Read more...]
Budget Playground—an interactive budget-planning iPad app
Decision Mechanics, in partnership with Prism Decision Systems, recently developed "Budget Playground"—a school district budget planning iPad app. The app was created as part of a program funded by Cornell University's New York State Center for Rural Schools. Budget Playground allows school district planning staff to forecast budgets up to ten years into the future and interactively modify … [Read more...]
International Executive Seminar in Political Management and Governance
Andrew Tait presented at the International Executive Seminar in Political Management and Governance hosted by George Washington University's Graduate School of Political Management. The theme of the conference was "governing in turbulent times". Andrew's talk covered stakeholder management (including Confrontation Analysis) and the development of political strategy. The conference … [Read more...]
Averages lead to less than average decisions
Districts where residents have the highest average educational achievement tend to be the smaller ones. Staying true to the tradition of blogging, we're stating this without having conducted any research whatsoever. Still, we're confident in the assertion. Oh, and did we mention that districts where residents have the lowest average educational achievement tend to be the smaller ones. Yep. … [Read more...]
Crowdsourcing big data
Big data is big news. Companies like Amazon, Google and major supermarkets are delivering new services and competitive advantage through analysing their massive datasets. The Economist reports that 30% of Amazon's sales are through its "you may also like" recommendations. Organizations everywhere want to make similar use of their own data. Articles and conferences on "predictive … [Read more...]
Analyze it like Beckham
With the 2010 (football/soccer) World Cup well underway, it's only a matter of time before some teams will have to face the heartbreak of leaving the competition due to a missed penalty. In the "knockout" stages of a football competition each match must produce a winner. If the teams have scored equal number of goals (after additional playing time), the game will be decided on "penalties". A … [Read more...]
98% of all statistics are false
Science News published a great article on the use and abuse of statistics this week. "Odds Are, It's Wrong", by Tom Siegfried, highlights some of the problems associated with testing hypotheses using statistical methods. These problems are well known within the statistics community, with "hundreds" of papers having been written on the subject. As Siegfried pithily observes, "if you believe what … [Read more...]
Does my organization exist without an iPhone app?
With industry panels claiming that unless companies have an iPhone app they "don't exist" it's hardly surprising that senior managers are asking the question, "Does my organization need an iPhone app?" Information is increasingly accessed via smartphones. That's in no doubt. But does this mean that you need to rush out and build a smartphone version of your corporate … [Read more...]
Making better decisions by “Getting Things Done”
Important decisions require concentrated attention. One obstacle to effective decision-making is the inability of decision-makers to carve out the time required to give the decision due consideration. It is far too easy to get caught up in the day-to-day minutiae of running your organization (and life). If you are constantly distracted by your "to do" list, you will never find the time for … [Read more...]
Decision-making versus decision-aiding
The very idea of using software to assist decision-making often prompts a negative, knee-jerk reaction. Surely decision-making is a creative endeavor requiring judgement and insight? How can we replace experienced leaders with technology? First, it is important to recognize that assisting decision-makers does not equate to replacing them. Have you closed your finance department since you … [Read more...]