Wednesday 21st March, 2012
5:10pm to 5:25pm
One of the biggest hindrances to companies obtaining benefits from their business analytics initiatives is the impact of behavioral economic factors and cognitive biases within many organizations. Organizational inertia, “tribal wisdoms,” fear of change, and imprecise or incorrect assumptions can compound to inhibit value creation, profit maximization, innovation and efficiency. Hear some of the primary factors organizations must combat and methods to overcome these issues to ensure new and ongoing success with business analytics.
John Lucker is Deloitte Consulting's Global Human Capital Advanced Analytics & Modeling Market Offering Leader. He is also a leader of Deloitte Analytics. bio from Twitter
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