Long-term thinking, systems of intelligence, and the dangers of sloppy evidence.
Behavioral decision science

1. Long view → Better financial performance. A McKinsey Global Institute team sought hard evidence supporting their observation that “Companies deliver superior results when executives manage for long-term value creation,” resisting pressure to focus on quarterly earnings (think Amazon or Unilever). So MGI developed the corporate horizon index, or CHI, to compare performance by firms […]

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“Big E” vs. “little e” evidence, and probabilistic thinking.
moneyball brad pitt photo

1. It’s tempting to think there’s a hierarchy for data: That evidence from high-quality experiments is on top at Level 1, and other research findings follow thereafter. But even in healthcare – the gold standard for the “gold standard” – it’s not that simple, says NICE in The NICE Way: Lessons for Social Policy and […]

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The lean way to present to decision makers. (This isn’t a TED talk.)

There’s plenty of advice about designing presentations. But little of it prepares you for delivering complex evidence to senior-level decision-makers. This should help. How might your evidence help someone understand the steps required to reach an important goal? 1. Put together lean evidence, embracing lean management concepts. As explained by the Lean Enterprise Institute, “The […]

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Analytics teams need to be insight integrators.
storm troopers

1. Lori C. Bieda of SAS is spot on, describing how analytics professionals can grow into roles as trusted advisors for senior executives. In The Translation Layer: The Role of Analytic Talent, she explains that “Analytics teams… need to evolve from data providers into insight integrators.” Lots of detailed observations and recommendations in this white […]

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Watson isn’t thinking, business skills for data scientists, and zombie clickbait.

1. Evidence scoring → Cognitive computing → Thinking? Fantastic article comparing Sherlock Holmes to Dr. Watson – and smart analysis to cognitive computing. This must-read by Paul Levy asks if scoring evidence and ranking hypotheses are the same as thinking. 2. Data science understanding → Business relevance → Career success In HBR, Michael Li describes […]

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Social program RCTs, health guidelines, and evidence-based mentoring.

1. Evidence → Social RCTs → Transformational change More progress toward evidence-based social programs. The Laura and John Arnold foundation expanded its funding of low-cost randomized controlled trials. @LJA_Foundation, an advocate for evidence-based, multidisciplinary approaches, has committed $100,000+ for all RCT proposals satisfying its RFP criteria and earning a high rating from its expert review […]

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Inspire people with insights, Part 2.
photo of penguin navel-gazing

To be inspired, your audience needs to see how findings are reliable and relevant. Part 1 talked about creating practical checklists to ensure data-driven research is reproducible. This post describes how to deliver results that resonate with your audience. It’s nice when people review analytical findings, think “Hmmm, interesting,” and add the link to bitly. […]

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Data-driven organizations, machine learning for C-Suite, and healthcare success story.
book cover Data-Driven Organization

1. Great stuff on data-driven decision making in a new O’Reilly book by Carl Anderson (@LeapingLlamas), Creating the Data-Driven Organization. Very impressive overview of the many things that need to happen, and best practices for making them happen. Runs the gamut from getting & analyzing the data, to creating the right culture, to the psychology […]

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Building trust with evidence-based insights.

  This week we examine how executives can more fully grasp complex evidence/analysis affecting their outcomes – and how analytics professionals can better communicate these findings to executives. Better performance and more trust are the payoffs. 1. Show how A → B. Our new guide to Promoting Evidence-Based Insights explains how to engage stakeholders with […]

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