However, data will also exhibit idiosyncrasies that result from the randomness in the process of data sampling and do not say anything about the process that generated them—these idiosyncrasies will disappear if we resample new data from the process. Teasing out the true properties of...
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July 20, 2017 Bruce Benson
Metrics
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“We grew up,” says Verily Chief Executive Officer Andy Conrad. The middle-aged geneticist has adopted the Silicon Valley T-shirt and-flip-flops wardrobe of eternal youth, but he’s given up on a lot of the jargon, including Google’s onetime favorite word. Like some other Alphabet holdings, 500-staffer...
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June 22, 2017 Bruce Benson
Planning
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Harvey’s term for torturing the data until it confesses is “p-hacking,” a reference to the p-value, a measure of statistical significance. P-hacking is also known as overfitting, data-mining—or data-snooping, the coinage of Andrew Lo, director of MIT’s Laboratory of Financial Engineering. Says Lo: “The more...
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June 17, 2017 Bruce Benson
Metrics
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Now 51, Goldstein started researching sugar with the same rigor he’d apply to a powerful investment. He read scientific papers, called experts, and recruited a team. He says he’s put well over $10 million into the mints, which he calls Crave Crush, and that there...
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June 7, 2017 Bruce Benson
Planning
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Making great things happen at work is about more than just being smart. Good ideas succeed or fail depending on your ability to communicate them correctly to the people who have the power to make them happen. When you are navigating an organization, it pays...
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April 27, 2017 Bruce Benson
Innovation
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According to a Pentagon history of the F-35, Darpa quietly sought assistance from a research and development arm of Lockheed Martin known as the Skunk Works. By the early 1990s, the Darpa-Skunk Works collaboration had produced preliminary concepts, and the Marine Corps began pressing Congress...
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April 19, 2017 Bruce Benson
Planning
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The team’s mission is to design policy interventions based on a scientific understanding of human behavior. Recently, for instance, hoping to fight antimicrobial resistance, they tried to persuade some prescription-happy doctors to go easy on the antibiotics. GALLAGHER: We had a very simple intervention, which...
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April 13, 2017 Bruce Benson
Metrics
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Threats of federal intervention aside, it will be difficult to fix the problem of high murder rates without first addressing clearance rates. So it’s fortuitous, perhaps, that we are living in an age in which the analysis of data is supposed to help us decipher,...
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April 6, 2017 Bruce Benson
Metrics
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IS researchers have argued enterprise information systems should not be built in a top-down manner but instead facilitate bottom-up innovation. Successful implementation of enterprisewide systems (such as enterprise architecture) will increasingly require negotiation and dialog rather than the imposition of ideas from central IT. This...
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March 29, 2017 Bruce Benson
Innovation
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The first idea is to change your goal structure: don’t set a deadline, set a schedule. Rather than set a goal to read X number of books by the end of the year, set a schedule of when you’ll read. For example, you’ll read 20...
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March 22, 2017 Bruce Benson
Planning
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When it comes to economic data, it can be difficult to separate what people believe to be true from what they want to be true. “People need to be a little more scientific and a little less political in the nature of their interpretation,” says...
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March 8, 2017 Bruce Benson
Metrics
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In the same way that dark matter is an unseen but very large part of the cosmos (some estimates peg dark matter at 27 percent of the mass of the universe), dark data represents the unseen but very large part of the data that most...
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February 23, 2017 Bruce Benson
Metrics
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A lot of what you saw in America and you see overseas is, “I want a change.” They want a wrecking ball brought to these governments. A lot of us are sympathetic with that. We want to see something different. We want things to be...
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February 10, 2017 Bruce Benson
Leadership
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In the runup to the planned debut of the latest MacBook Pro, Apple’s home computer division had a bit of a meltdown. Enhanced battery life was supposed to be one of the big selling points for the new version of the company’s main laptop, with...
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February 3, 2017 Bruce Benson
Schedule
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Over the years, oncologist Barbara McAneny, MD, had grown increasingly frustrated with what hospitals were doing to her patients. Every time chemotherapy complications sent someone to an emergency room, which happens all too often, “they’d come out a little bit worse, each time just another...
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January 26, 2017 Bruce Benson
Innovation
No Comment
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