Big Data to Big Profits

5 Thoughts on Why Amazon & Whole Foods Move Makes Big Cents

Amazon announced that it is acquiring Whole Foods for approximately $13.7 billion. Investors in both companies reacted positively, suggesting synergies are expected. Looks look at how this acquisition should create value. Amazon Will Reduce Operating Expenses at Whole Foods. The masterful use of ... Continue reading 5 Thoughts on Why Amazon & Whole Foods Move Makes Big Cents

Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science

Join Northwestern University’s Master of Science in Analytics for an Executive Education Course Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science Course Dates: June 15 – 16, 2017 Location: Northwestern University, Evanston, IL Course ... Continue reading Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science

5 Career Tips & Outlooks for Analytics Professionals

1.  Analytics has Moved from Manual to Machine-Driven - Don't Become a Robot! Most people in the field of analytics can remember writing their own analytical code. Today, our Data Scientists in the MSiA program at Northwestern, can produce analytical models from regression, decision trees, ... Continue reading 5 Career Tips & Outlooks for Analytics Professionals

Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election

Map of Party Change Arrows from NY Times. Large red arrows show counties that moved to Trump in 2016 over Obama in 2012.   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... Continue reading Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election

4 Steps to Digital Dominance + Warren Buffett on Google

The recent 2017 Berkshire Hathaway shareholder meeting offered some insights into how Warren Buffett thinks about stocks, especially those of large digital companies. I thought it important to explore these, given the rise of Digital Enterprises. When we think of Digital Enterprises, leaders like ... Continue reading 4 Steps to Digital Dominance + Warren Buffett on Google

From Big Data to Big Profits

Google, Apple, Amazon and Netflix are all successful companies with a seemingly infallible ability to choose the right product to develop, at the right time and for the right customer. The digital strategies are rooted in the use of Big Data and Analytics. How do they manage to stay ahead of the ... Continue reading From Big Data to Big Profits

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