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Friday, April 13, 2018

The Business Analytics Jedi - 2

Posted by Robert D. Brown III at 4/13/2018 01:33:00 AM No comments:

The Business Analytics Jedi - 1

Posted by Robert D. Brown III at 4/13/2018 01:31:00 AM No comments:

Tuesday, April 10, 2018

Which Part of Your Data Analytics Dollar is Wasted

Posted by Robert D. Brown III at 4/10/2018 02:21:00 PM No comments:
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About Me

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Robert D. Brown III
Atlanta, Georgia, United States
I am a senior decision support advisor who provides guidance, deep insights, and valuable solutions for senior decision-makers facing complex, high-risk problems related to strategic planning, risk management, project valuation & planning, and project portfolio analysis & management. My goal is to help people ensure that the decisions they make are well framed (focused on the right problem and clearly defined) and that they understand the implications of uncertainty and risk on the likelihood of achieving their goals.
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Business Case Analysis with R: Simulation Tutorials to Support Complex Business Decisions


Check out our tutorial on using the statistical programming language R to conduct business case analysis and simulation and a little bit more.

"A decision was wise, even though it lead to disastrous consequences, if the evidence at hand indicated that it was the best one to make; and a decision was foolish, even though it lead to the happiest possible consequences, if it was unreasonable to expect those consequences."
~Herodotus, ca. 500 BC.

Blog Archive

  • ▼  2018 (9)
    • ►  November (1)
    • ►  August (1)
    • ►  May (1)
    • ▼  April (3)
      • The Business Analytics Jedi - 2
      • The Business Analytics Jedi - 1
      • Which Part of Your Data Analytics Dollar is Wasted
    • ►  March (3)
  • ►  2017 (4)
    • ►  August (1)
    • ►  July (2)
    • ►  June (1)
  • ►  2016 (6)
    • ►  November (3)
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    • ►  August (2)
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  • ►  2010 (17)
    • ►  October (1)
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Meetups

  • Atlanta R Users Group
  • Big Bang Data Science - Georgia
  • Data Science & Business Intelligence Society of Atlanta
  • Data Science ATL
  • The Alpharetta Business Networking Club

Blogs I Follow

  • Accidental Creative
  • Bleeding Heart Libertarians
  • Cafe Hayek
  • Eliezer S. Yudkowsky
  • Gerald Weinberg's Secrets of Writing and Consulting
  • Indexed
  • Library of Economics and Liberty
  • Nicky Case
  • Overcoming Bias
  • Popehat
  • Science Daily
  • Slate Star Codex
  • Slightly East of New
  • Storytelling with Data
  • The Great Decide (no recent updates)
  • Understanding Uncertainty

Recommended Reading

A curated list of the best books available on decision & risk analysis.

Ask, Inspire, Solve.: The Science and Practice of Facilitative Questioning by Katherine Rosback

Bayesian Methods for Hackers: Probabilistic Programming and Bayesian Inference by Cameron Davidson-Pilon

Business Case Analysis with R: Simulation Tutorials to Support Complex Business Decisions by Robert D. Brown III

Business Portfolio Management: Valuation, Risk Assessment, and EVA Strategies by Michael S. Allen

Certain to Win: The Strategy of John Boyd, Applied to Business by Chet Richards

Competitive Strategy: Techniques for Analyzing Industries and Competitors by Michael E. Porter

Data Analysis: A Bayesian Tutorial by Devinderjit Sivia

Decision Analysis for Managers: A Guide for Making Better Personal and Business Decisions by David Charlesworth

Decision Analysis for the Professional by John Celona and Peter McNamee

Decision Quality: Value Creation from Better Business Decisions by by Carl Spetzler, Hannah Winter, and Jennifer Meyer

Decision Traps: The Ten Barriers to Decision-Making and How to Overcome Them by Dr. J. Edward Russo and Dr. Paul J. H. Schoemaker

Doing Bayesian Data Analysis, Second Edition: A Tutorial with R, JAGS, and Stan by John Kruschke

The Failure of Risk Management: Why It's Broken and How to Fix It by Douglas W. Hubbard

The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty by Sam L. Savage and Jeff Danziger

Foundations of Decision Analysis by Ronald A. Howard and Ali E. Abbas

Game Theory 101: The Basics by William Spaniel

Game Theory for Business: A Primer in Strategic Gaming by Paul Papayoanou

Handbook of Decision Analysis by Gregory S. Parnell PhD, Terry Bresnick MBA, Steven N. Tani PhD, Eric R. Johnson PhD

How to Measure Anything: Finding the Value of Intangibles in Business by Douglas W. Hubbard

How to Measure Anything in Cybersecurity Risk by Douglas W. Hubbard and Richard Seiersen

An Introduction to Bayesian Inference and Decision by Robert W. Winkler

Making Hard Decisions: An Introduction to Decision Analysis (Business Statistics) by Robert T. Clemen

Mistakes Were Made (but Not by Me): Why We Justify Foolish Beliefs, Bad Decisions, and Hurtful Acts by Carol Tavris and Elliot Aronson

Monetizing Your Databy Andrew Roman Wells and Kathy Williams Chiang

Moneyball: The Art of Winning an Unfair Game by Michael Lewis

Psychology of Intelligence Analysis by Richard J. Heuer

Risk Savvy: How to Make Good Decisions by Gerd Gigerenzer

The Signal and the Noise: Why So Many Predictions Fail--but Some Don't by Nate Silver

Simple Heuristics That Make Us Smart by Gerd Gigerenzer, Peter M. Todd, ABC Research Group

Smart Choices: A Practical Guide to Making Better Decisions by John S. Hammond, Ralph L. Keeney, Howard Raiffa

The Smart Organization: Creating Value Through Strategic R&D by David Matheson, Jim Matheson

Thinking, Fast and Slow by Daniel Kahneman

Thinking in Systems: A Primer by Donella H. Meadows

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life (Norton Paperback) by Avinash K. Dixit, Barry J. Nalebuff

Uncertainty: A Guide to Dealing with Uncertainty in Quantitative Risk and Policy Analysis by M. Granger Morgan, Max Henrion, Mitchell Small

Value-Focused Thinking: A Path to Creative Decisionmaking by Ralph L. Keeney

Why Can't You Just Give Me The Number? An Executive's Guide to Using Probabilistic Thinking to Manage Risk and to Make Better Decisions by Patrick Leach

Why Decisions Fail by Paul C. Nutt

You Are Not So Smart: Why You Have Too Many Friends on Facebook, Why Your Memory Is Mostly Fiction, an d 46 Other Ways You're Deluding Yourself by David McRaney

You Are Now Less Dumb: How to Conquer Mob Mentality, How to Buy Happiness, and All the Other Ways to Ou tsmart Yourself by David McRaney

Amazon Book Search

If you didn't find what you were looking for in the previous list, use our Decision Analysis Book Search.