Big Data to Big Profits

2018: Wishing You a Year of Growth and Prosperity

The General Sherman Giant Redwood (Sequoiadendron giganteum) is the largest currently standing tree in the world, by volume, towering over 275 feet tall, supported by a 36-foot base diameter, and estimated to have sprouted at about the time of Christ’s birth. It can be found in Sequoia and Kings ... Continue reading 2018: Wishing You a Year of Growth and Prosperity

Wisdom from a Bowl of Ramen: (Almost) Everything a Business Leader or Owner Needs to Know Can be Learned in a Restaurant

Wisdom from a Bowl of Ramen: (Almost) Everything a Business Leader or Owner Needs to Know Can be Learned in a Restaurant Today, I took my family to a much-heralded ramen house in Wilmette, IL. The experience was overall disappointing and reminded me that nearly all business lessons are at work in ... Continue reading Wisdom from a Bowl of Ramen: (Almost) Everything a Business Leader or Owner Needs to Know Can be Learned in a Restaurant

Improvements from Artificial Intelligence and (More) Robots in Our Lives

Improvements from Artificial Intelligence and (More) Robots in Our Lives With the Christmas season upon us, it is anticipated that some 22 million units of Amazon echo will be purchased and installed. Building on the 11 million sold in 2016, north of 30 million units will soon be deployed. It is ... Continue reading Improvements from Artificial Intelligence and (More) Robots in Our Lives

Advice for the NFL

With viewership down, controversy at an all-time high, the comish on the hot seat with Jerry Jones, and Papa Jones asking why it can sell America's favorite food during football season, it is time the NFL examine its product and perception. Here is my advice for the NFL   Get out of the ... Continue reading Advice for the NFL

Retail Lessons from Toys R US – Competing in the Digital and Amazon World!

Retail Lessons from Toys R US – Competing in the Digital and Amazon World! Toys R Us and the related Babies R US announced that they are filing for bankruptcy. How Toys R Us got to this point and how they hope to get out are great lessons for retailers competing in the digital and Amazon World. ... Continue reading Retail Lessons from Toys R US – Competing in the Digital and Amazon World!

Product Branding Challenges in Winner Take All Business: Products As Services

Product Branding Challenges in Winner Take All Business: Products As Services At the turn of the past century, the dominant retailer was Sears Roebuck and Company of Chicago, Illinois. Their famous catalog advertised virtually everything an American family would need. Sears also owned many ... Continue reading Product Branding Challenges in Winner Take All Business: Products As Services

Winning with Risk

Harvard Business Review Webinar: From Big Data to Big Profits

Everywhere you look there is mention of “Big Data.” But what business people care most about is turning big data into big profits. This is the focus of Russell Walker’s book From Big Data to Big Profits: Success with Data and Analytics. Walker examines the evolving nature of big data and how ...Continue reading Harvard Business Review Webinar: From Big Data to Big Profits

Risk Predictions for the New Year and Interesting Business Cases in 2016

Risk Predictions for the New Year and Interesting Business Cases in 2016 With 2016 just about a week old, I would like to share some risk issues that are interesting to consider in 2016. Federal Reserve Interest Rate Increase Although delayed many times, the Federal Reserve did finally increase the ...Continue reading Risk Predictions for the New Year and Interesting Business Cases in 2016

Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups

Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups It is amazing how quickly the world of health sensors and wearables has developed. In just a few years, we have seen the wearable market explode with Fitbit, Jawbone, and Apple commanding healthy shares of the overall ...Continue reading Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups

Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization

Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization This year, Florida has experienced its 10th consecutive year without a hurricane. It is the longest period without a hurricane strike in modern times and one more remarkable considering that Florida’s more then 1200 miles...Continue reading Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization

Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead

Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead Today, China announced that it is abandoning its 35-year policy of limiting families to only one child. This policy has become a demographic experiment unmatched in the history of the world. Owing to this ...Continue reading Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead

Risk Management Leadership Lesson: The Value of Trust in Operations

Risk Management Leadership Lesson: The Value of Trust in Operations In business and life, we grow to expect certain things. Namely, our society expects companies to produce products that are safe and reliable. We go to Yelp and rail against restaurants that do not meet our expectation for service. ...Continue reading Risk Management Leadership Lesson: The Value of Trust in Operations

Russell Walker