Big Data to Big Profits

Leadership Lessons from Lincoln and Happy Thanksgiving!

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 ... Continue reading Leadership Lessons from Lincoln and Happy Thanksgiving! →

Inflation – Predicting the Winners

The recent report of the Consumer Price Index topping 6.2% has sent shiver of inflation fears into the market. However, this inflationary hit seems different than the inflation seen in recent episodes of high inflation. Examining this will help us determine who are the winners and losers of the ... Continue reading Inflation – Predicting the Winners →

5 Valuable Uses of AI to Improve Daily Life

In most every example of Artificial Intelligence (AI) in business, there is a chat bot or robot or algorithm that attempts to replace a human. We surely will see such replacement via AI, but augmentation is also a value approach and is far more attainable and perhaps even more valuable. In ... Continue reading 5 Valuable Uses of AI to Improve Daily Life →

Better Football – 12 Changes for a More Exciting NFL

With the 2021 NFL season about half completed, I want to share the changes that I most recommend for improving the NFL. Many of these would make the game more exciting and add strategy to the game. Strategy and Rule Changes: Goal Line On Side Possession: If a team wants the ball after a kickoff,... Continue reading Better Football – 12 Changes for a More Exciting NFL →

Zillow – 7 Lucky Lessons in Risk and Analytical Predictions

Zillow recently announced that it is pulling the plug on its once highly touted house buying machine. Indeed, it was suppose to be a machine, one that used billions of pieces of data to find arbitrage opportunities in the market using algorithms. Buy a house in a surging market, fix it up (quick ... Continue reading Zillow – 7 Lucky Lessons in Risk and Analytical Predictions →

Gone Fishing: Amazon and Apple Deal with Less Workers and Slow Supply Chains

Today, Amazon and Apple announced the limited supply of labor and slow-moving supply chains will hamper fourth quarter top line and bottom lines.[1][2] This should be a major wake-up call for investors and executives on the state of our global economy. Amazon and Apple are unique in that each exerts... Continue reading Gone Fishing: Amazon and Apple Deal with Less Workers and Slow Supply Chains →

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 →