Average Reviews:
(More customer reviews)This is a great book if you have a need to sell executive leadership on the usefulness of extracting additional value out of organizational data.
I bought this book with great anticipation as I have been on the search for books that describe how to leverage data analytics within business...I kept waiting for the punchline. There were many references as to how decision analytics can drive efficiency gains and revenue, yet no noticeable mention of how to go about doing it. It read like a subtle sales pitch as to why you should hire Fair Issac to help you get there. There was barely enough technical jargon included to even go start researching descriptive and predictive analytics models. I found myself going to wikipedia and reading about this subject, then going back to the book, waiting..In protest, I refused to read the last 5 pages.
There's value in the book for those business leaders that have absolutely no knowledge of the topic, which is why I gave it 3 stars. Just don't go thinking that it provides any insight as to how to start extracting that value.
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Praise for The Deciding Factor
"Both companies and governments have made some poor decisions recently, and almost all would benefit from more fact-based and analytical approaches. This book provides clear methods and extensive examples for organizations that want to make better, faster, and more consistent decisions."-Thomas H. Davenport, author, Competing on Analytics, and President's Distinguished Professor of Information Technology and Management, Babson College
"The secrets of the decision-making processes employed by the most successful corporations of the world are revealed in The Deciding Factor. Both corporate decision makers as well as analysts will gain invaluable insights from this treasure trove of case studies and expert guidelines." -Robert Heller, former president and CEO of VISA U.S.A., and former governor, Federal Reserve Board
"Information, used correctly and creatively, can be a source of tremendous customer value, competitive advantage, and company profitability. The Deciding Factor will help you understand if you have this opportunity, and how you might seize it."-Nigel Morris, co-founder, Capital One Financial Services
"There has never been a more important time in business history to truly understand both the technical strengths and conceptual weaknesses of decision analytics. If you're prepared to be serious, The Deciding Factor offers the insider's insights that matter when managing innovation risk."-Michael Schrage, author, Serious Play, and research associate, MIT Sloan School of Management
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