Friday, September 30, 2011
Tuesday, September 27, 2011
Congratulations to Dr Robyn Kapperman
Congratulations to Dr Robyn A Kapperman, who recently earned her Doctor of Business Administration (DBA) degree at Northcentral University in Prescott Valley, Arizona -- well done, Dr Robyn...
Dr Robyn A Kapperman in Washington, DC
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Sunday, September 25, 2011
Five Misconceptions About Visualization
Nathan Yau outlines five common misconceptions about visualization of business intelligence:
I would add that the misconceptions outlined by Yau above, apply equally to modeling in general.
Source: Yau, N (2011, September 23), 5 Misconceptions About Visualization, Flowing Data.
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- Visualization is for making data flashy
- Software does everything
- The more information in a single graphic, the better
- Visualization is too biased to be useful
- Visualization has to be exact
I would add that the misconceptions outlined by Yau above, apply equally to modeling in general.
Source: Yau, N (2011, September 23), 5 Misconceptions About Visualization, Flowing Data.
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A Child Of Mine
I will lend you, for a little time,
A child of mine, He said.
For you to love the while she lives,
And mourn for when she's dead.
It may be six or seven years,
Or twenty-two or three.
But will you, till I call her back,
Take care of her for Me?
She'll bring her charms to gladden you,
And should her stay be brief.
You'll have her lovely memories,
As solace for your grief.
I cannot promise she will stay,
Since all from earth return.
But there are lessons taught down there,
I want this child to learn.
I've looked the wide world over,
In search for teachers true.
And from the throngs that crowd life's lanes,
I have selected you.
Now will you give her all your love,
Nor think the labour vain.
Nor hate me when I come
To take her home again?
I fancied that I heard them say,
'Dear Lord, Thy will be done!'
For all the joys Thy child shall bring,
The risk of grief we'll run.
We'll shelter her with tenderness,
We'll love her while we may,
And for the happiness we've known,
Forever grateful stay.
But should the angels call for her,
Much sooner than we've planned.
We'll brave the bitter grief that comes,
And try to understand.
~ Edgar A Guest
Saturday, September 24, 2011
Well Said...
"You've got to get to the stage in life where going for it is more important than winning or losing."
~ Arthur Ashe
Arthur Robert Ashe Jr (1943-1993)
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~ Arthur Ashe
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Friday, September 23, 2011
Toward a Peer-to-Peer Economy
Douglas Rushkoff discusses his ten commandments for peer-to-peer growth in the digital economy:
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Thursday, September 22, 2011
Wednesday, September 21, 2011
Tuesday, September 20, 2011
'High School Physics'
One of the least savory traits of climate-change advocates is how they've tried to bully anyone who keeps an open mind. This is true of many political projects, but it is or ought to be anathema to the scientific method. With the cap-and-trade movement stymied, Mr. Gore and the climate clan have become even more arch in their dismissals of anyone who disagrees. Readers can decide who they'd rather study physics with—Professor Giaever, or Mr. Gore's list of politically certified instructors.
Read More
Source: 'High School Physics' (2011, September 18), Wall Street Journal Online.
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Read More
Source: 'High School Physics' (2011, September 18), Wall Street Journal Online.
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Brazilian Script Takes Root in Local Economy
The capivari is one of 63 local moneys—including bills named after the sun, cactus and the Brazil nut—now circulating in needy neighborhoods throughout Latin America's biggest economy. The idea is gaining currency as towns seek a share of current economic growth. This month, a new local currency hit the streets in Cidade de Deus, the Rio slum that was the subject of a blockbuster film and a stop on President Barack Obama's South American tour this year.
Read More
Source: Prada, P (2011, September 20), In Pockets of Booming Brazil, a Mint Idea Gains Currency, Wall Street Journal Online.
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Read More
Source: Prada, P (2011, September 20), In Pockets of Booming Brazil, a Mint Idea Gains Currency, Wall Street Journal Online.
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Sunday, September 18, 2011
Business Schools Plan Leap Into Data
Faced with an increasing stream of data from the Web and other electronic sources, many companies are seeking managers who can make sense of the numbers through the growing practice of data analytics, also known as business intelligence. Finding qualified candidates has proven difficult, but business schools hope to fill the talent gap.
Read More
Source: Korn, M & Tibken, S (2011, August 4), Business Schools Plan Leap Into Data, Wall Street Journal Online.
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Read More
Source: Korn, M & Tibken, S (2011, August 4), Business Schools Plan Leap Into Data, Wall Street Journal Online.
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Friday, September 16, 2011
Well Said...
"It's so legato it's difficult to splice. Sibelius was famous for that."
~ Eugene Ormandy
Maestro Eugene Ormandy (1899-1985)
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~ Eugene Ormandy
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Thursday, September 15, 2011
Well Said...
"Ask not what your country can do for you -- ask what you can do for your country."
~ John F Kennedy
Hon John Fitzgerald "Jack" Kennedy (1917-1963)
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~ John F Kennedy
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Wednesday, September 14, 2011
US Residential Home Values Decline Sharply Since 2006
Zillow Real Estate Research reported earlier this year that US residential home values have declined sharply since 2006.
Source: Zillow Real Estate Research
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Source: Zillow Real Estate Research
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US Job-Based Health Insurance Coverage in Decline Since 2000
A recent report by the US Census Bureau confirms that the percentage of Americans with job-based health insurance coverage has declined sharply since 2000.
Source: US Census Bureau
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Source: US Census Bureau
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US Real Income Trends Downward Since 2000
A recent report by the US Census Bureau confirms that real income in the US has been trending downwards since 2000.
Source: US Census Bureau
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Source: US Census Bureau
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Monday, September 12, 2011
The Eight Accordances
- First, do no harm…
- Be the source…
- Be impeccable with your word…
- Don’t take things personally…
- Avoid making unnecessary assumptions…
- Do your best…
- Be skeptical...
- But listen...
Hippocrates (1952). Of the Epidemics (F Adams, Trans). In R M Hutchins & M Adler (Eds), Great Books of the Western World (Vol 10, pp. 44-63). Chicago, IL: Encyclopædia Britannica.
Ruiz, M A (1997). The Four Agreements. San Rafael, CA: Amber-Allen.
Ruiz, M A (2009). The Fifth Agreement. San Rafael, CA: Amber-Allen.
Walsch, N D (1999). Abundance and Right Livelihood. Charlottesville, VA: Hampton Books.
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The High Accordances
Well Said...
"Originality is the essence of true scholarship. Creativity is the soul of the true scholar."
~ Nnamdi Azikiwe
"Dr" Benjamin Nnamdi Azikiwe (1904-1996)
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~ Nnamdi Azikiwe
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Sunday, September 11, 2011
Analytics: The New Path to Value
According to a research report published by MIT Sloan Management Review (2010):
Analytics: The New Path to Value
Source: Analytics: The New Path to Value (2010, Fall), MIT Sloan Management Review.
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As the well-documented "data deluge" deepens, many executives have shifted from feeling overwhelmed (60% say they "have more information than we can effectively use") to recognizing that the smartest organizations are already capitalizing on increased information richness and analytics to gain competitive advantage.The report describes an emerging approach to analytics grounded upon five guiding imperatives:
- Focus on the biggest opportunities first.
- Start with questions, not data.
- Embed insights to drive action.
- Keep existing capabilities while adding new ones.
- Build the analytics foundation according to an information agenda.
Analytics: The New Path to Value
Source: Analytics: The New Path to Value (2010, Fall), MIT Sloan Management Review.
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The Good Life Comes in Moments...
I could not resist another photograph of outdoor inspiration earlier today.
Cloud Formations Outside My Home Late Afternoon Today
The good life comes in moments...
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The good life comes in moments...
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Saturday, September 10, 2011
Well Said...
"There are two questions a man must ask himself. The first is 'where am I going?' and the second is 'who will go with me?' If you ever get these questions in the wrong order you are in trouble."
~ Sam Keen
Dr Samuel McMurray Keen
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~ Sam Keen
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Friday, September 09, 2011
Prototypal Business Intelligence Stack for Ad Hoc Self-Service Risk Analytics
Although business intelligence (BI) stacks often mix solutions from various vendors, the following is a prototypal BI stack for ad hoc self-service risk analytics:
Learn More
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Learn More
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What is Business Intelligence?
business intelligence
The use of data to discover what is happening with a company. An example of business intelligence is the use of a computer program to look at financial statements to detect irregularities or other patterns. A company may do this to improve its own efficiency, an outside observer may do it to make recommendations or to invest, and a competitor may do it to find potential advantages.
Source: The Free Dictionary
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The use of data to discover what is happening with a company. An example of business intelligence is the use of a computer program to look at financial statements to detect irregularities or other patterns. A company may do this to improve its own efficiency, an outside observer may do it to make recommendations or to invest, and a competitor may do it to find potential advantages.
Source: The Free Dictionary
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Well Said...
"Don't allow your wounds to transform you into someone you are not."
~ Paulo Coehlo
Paulo Coehlo (1947- )
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~ Paulo Coehlo
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Thursday, September 08, 2011
Well Said...
"Best efforts will not substitute for knowledge."
~ W Edwards Deming
Dr William Edwards Deming (1900-1993)
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~ W Edwards Deming
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Wednesday, September 07, 2011
Using Mind Maps as a Teaching and Learning Tool
"Mind mapping" can be an excellent tool for creating learner engagement, according to Prof Genevieve Pinto Zipp of Faculty Focus (2011):
I have been using mind mapping software, both in and out of the classroom, since the 1980's. I currently use MindManager (Mindjet) as my brainstorming platform of choice. See below an example of a personal mind map I use on a daily basis to keep record and track of my goals, tasks, and responsibilties. I view MindManager as the "missing application" in the Microsoft Office suite.
Example "Mind Map" [click image to expand]
Source: Zipp, G P (2011, September 6), Using Mind Maps as a Teaching and Learning Tool to Promote Student Engagement, Faculty Focus.
Creating an environment that engages students in the learning journey is not always easy. Sometimes as faculty members we ask ourselves, “Are we taking this learning journey by ourselves?” Several years ago as I began my scholarly exploration of the utility of mind mapping as a teaching and learning tool to foster critical thinking, my colleague and I instituted a mind mapping learning activity which has helped to promote student engagement in the classroom.Read More
I have been using mind mapping software, both in and out of the classroom, since the 1980's. I currently use MindManager (Mindjet) as my brainstorming platform of choice. See below an example of a personal mind map I use on a daily basis to keep record and track of my goals, tasks, and responsibilties. I view MindManager as the "missing application" in the Microsoft Office suite.
Source: Zipp, G P (2011, September 6), Using Mind Maps as a Teaching and Learning Tool to Promote Student Engagement, Faculty Focus.
Excel + ModelRisk: Practical Spreadsheet Risk Modeling for Management
Risk professionals seeking practical methods for modeling risk using spreadsheets will be interested in the new textbook, Practical Spreadsheet Risk Modeling for Management (Lehman, Groenendaal & Nolder, 2011). Click the image below to preview the contents.
[click image to preview]
I have adopted Practical Spreadsheet Risk Modeling for Management as the standard textbook for my online training courses linked below.
Risk Modeling & Decision Analysis via Excel + ModelRisk
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I have adopted Practical Spreadsheet Risk Modeling for Management as the standard textbook for my online training courses linked below.
Risk Modeling & Decision Analysis via Excel + ModelRisk
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