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Headlines

Setting ‘stretch goals’ can undermine organizational performance

  Setting ‘stretch goals’ can undermine organizational performance

While the general consensus regarding “stretch goals” is that they boost drive, innovation and improve organizational performance, new research in the INFORMS journal Organization Science shows that this is the exception and not the rule. For many organizations, stretch goals can serve to undermine performance.

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Generous health insurance plans encourage overtreatment, but may not improve health

  Generous health insurance plans encourage overtreatment, but may not improve health

Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured.

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Five essential pillars of big data GDPR compliance

Less than a year from now, on May 25, 2018, the General Data Protection Regulation (GDPR) will come into effect in the European Union. GDPR represents a significant change in how data will be handled around the world.

In the United States, the 2017 GDPR Preparedness Pulse Survey conducted by PricewaterhouseCoopers polled C-suite executives from large American multinationals and showed that U.S. companies are overwhelmingly aware of, and concerned with, GDPR regulations.

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New book provides a look into the super-secret NSA

  New book provides a look into the super-secret NSA

Tom Willemain, a software entrepreneur, statistics professor and well-known figure in the operations research community, volunteered for a year-long sabbatical tour of duty in the National Security Agency (NSA). He recounts his experience in the recently released book, “Working on the Dark Side of the Moon: Life Inside the National Security Agency,” in which he provides the first ground-level look inside the super-secret NSA and a shadowy think tank affiliated with it.

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Sweet or savory? New research on how the brain makes preference-based decisions

  Sweet or savory? New research on how the brain makes preference-based decisions

Researchers have found a direct window into the brain systems involved in making everyday decisions based on preference. 

The study, led by a team of neuroscientists at the University of Glasgow’s Institute of Neuroscience and Psychology, and recently published today in Nature Communications, offers crucial insight into the neural mechanisms underlying our decision-making process, opening up new avenues for the investigation of preference-based choices in humans.

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Hiring managers offer advice for ‘new collar’ job seekers

  Hiring managers offer advice for ‘new collar’ job seekers

Three IBM hiring managers recently shared valuable advice for “new collar” job seekers pursuing careers in some of today’s fastest growing technology fields, from cloud computing and cybersecurity to cognitive systems and digital design.

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What you like in a CEO candidate may not deliver results

  What you like in a CEO candidate may not deliver results

Attributes that often get someone hired as CEO may not be the ones that drive success once they are at the helm of the company. That’s one of many provocative insights in a study by consulting firm ghSMART. The study, recently featured in Harvard Business Review, identifies characteristics that differentiate the most effective leaders.

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Paying for online reviews backfires among socially influential

  Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews?

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Can artificial intelligence turn some skilled practices into utilities?

  Can artificial intelligence turn some skilled practices into utilities?

CIOs have a major role to play in preparing businesses for the impact that artificial intelligence (AI) will have on business strategy and human employment, according to Gartner, Inc. Gartner predicts that by 2022, smart machines and robots may replace highly trained professionals in tasks within medicine, law and IT.

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Report: Urgent action needed to tame ‘Wild West’ of IoT

  Report: Urgent action needed to tame ‘Wild West’ of IoT

A recent report by Scrutinise Research and Analysis finds that immediate action is required to avert potentially disastrous security breaches of connected devices by cyber terrorists and criminals in the current “Wild West” of the Internet of Things (IoT). The report, “Securing the Internet of Things,” recommends a four-pronged approach to prevent security breaches of IoT devices that could have wide reaching consequences.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


Headlines

Three keys for organizations to gain value from information

In the current information-driven society and increasingly digitalized world, Gartner, Inc. says that sentiments are shifting from the economics of tangible assets to the economics of information – “infonomics” – and other intangible assets. Infonomics is the theory, study and discipline of asserting economic significance to information. It strives to apply both economic and asset management principles and practices to the valuation, handling and deployment of information assets.  Read more →

Burtch Works study on ‘Salaries of Predictive Analytics Professionals’

According to the recently released Burtch Works study on “Salaries of Predictive Analytics Professionals 2017,” senior-level executives saw the largest increase in salaries from 2016 to 2017, and industry diversification of employment has diluted the concentration of such professionals from financial services and marketing/advertising to consulting and technology. Read more →

New study asks, ‘Is your business AI-ready?’

Despite fears that robots will replace human labor, the majority of artificial intelligence (AI) leaders (79 percent) expect their employees will work comfortably with robots by 2020, according to a new Genpact survey of C-Suite and senior executives titled, “Is Your Business AI-Ready?” Read more →

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2017 Winter Simulation Conference (WSC 2017)
Dec. 3-6, 2017, Las Vegas

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