Data Policy

What makes good data policy?

The Bain 400 I recently read a white paper from Bain & Company titled “The value of Big Data: How analytics differentiates winners”. The paper explained the results of a survey Bain did with 400 companies from around the world, most with revenues of more than $1 billion.  The paper explored their data, data policy and analytics…

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Final Four

Make Your Picks Whose going?  Since we had so much success picking Oscars winners, figured we’d do the same for the Final Four. Make your selections below and I will post the results later this week.

Negotiate

Negotiate Value

Daily Negotiations How often do you negotiate?  I bet it is more often than you think.  Negotiating happens every day and in every facet of life.  Most people associate negotiating with price.  How much can I get the other party to come down on price (or how much can I get the other party to pay)?…

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Opportunity Cost

Opportunity Cost of Your Time

How much is your time worth?  $10 per hour?  $50? $500? For a business owner, this is a critical figure to know.  When you know what your time is worth you are able to calculate how much time-consuming activities cost you in terms of dollars and cents. Here are two ways to calculate: Replacement Cost How…

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Big Data

Big Data ≠ Big Company

Just because you’re not a big company doesn’t mean you don’t have big data. Your data may not be as big, but your data is big to you. Your business is accumulating data every day, from many sources, in many formats and at a fast pace. That’s Big Data. What is Big Data? Let’s start…

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