Category Archives: Business

Scientific Gambling on Ice Hockey Worlds – Bets for games of May 5th

Summary I’m using mathematical & statistical methods, more specifically, Bayesian Inference, Markov Chain Monte Carlo, simulation and Probabilistic Programming, attempting to predict the game outcomes of the upcoming Ice Hockey World Championships, starting May 4th. Based on the findings of … Continue reading

Posted in AI, Bayes, Big Data, Business, Data Analytics, Data Driven Management, Gambling, HOCKEY-2018, Math, Numpy, Probability, PYMC, Python, Statistics | Tagged , , , , , , , , , , , , , | Leave a comment

Bayesian Prediction – wanna bet…? Putting your money where your mouth is…

[A disclaimer: I know virtually nothing about contemporary ice hockey, my interest faded when Börje Salming decided to put his skates on the shelf for a couple of decades ago, so I have not included any personal hockey insights into … Continue reading

Posted in Bayes, Business, Data Analytics, Data Driven Management, Gambling, HOCKEY-2018, Math, Numpy, Probability, PYMC, Python, Statistics | Tagged , , , , , , , , , , , | Leave a comment

World Economic Forum Global Competitiveness rankings 2017-2018

http://reports.weforum.org/global-competitiveness-index-2017-2018/competitiveness-rankings/#series=GCI.B.05.01 Interesting statistics on many categories of data regarding the performance of various nations. Includes rankings and trends.

Posted in Business, Culture, Data Analytics, Finance, Organization, Politik | Tagged , | Leave a comment

What’s it like being a techie surrounded by empty suits….?

Unfortunately not that unrealistic description of life as a technical expert… 🙂

Video | Posted on by | Tagged , | Leave a comment

The importance of the psychological dimension for business

Psychology matters as a key determinant for the client’s perception of the value received. Framing your proposal differently, can make all the difference in outcomes. Example: is Google the best search engine in the world ? No one really knows, … Continue reading

Video | Posted on by | Tagged , , , | Leave a comment

Six Things We Learned About Our Changing Climate in 2013 | Science | Smithsonian

Six Things We Learned About Our Changing Climate in 2013 | Science | Smithsonian.

Posted in Big Business, Business, Complex Systems, Leadership, Organization, Systems | Tagged , , , , , | Leave a comment

Selling technology to tech savvy customers – how not to do it.

There’ something fundamentally wrong with traditional, established and ‘proven’ sales processes when applied to tech deep & savvy customers. Those sales processes that might have been appropriate and successful in the past, when your customer’s knew significantly less about systems, … Continue reading

Posted in Agile, Big Business, Business, Leadership, Management, Organization | Tagged , , , | Leave a comment

Why big organisations can’t innovate nor be creative

A brilliant article by Harvard Business School’s Maxwell Wessel on why large organisations can’t innovate, nor be creative. A few quotes: A start-up’s success is not gauged by earnings or quarterly reports; it’s measured by how well it identifies a … Continue reading

Posted in Business, Innovation, Organization | Tagged , , | Leave a comment

Steve Denning on how modern economics is rooted in “the dumbest idea in the world”

Excellent post by Steve Denning!  Not least the section on “Bad Profits” makes this post worthwhile to read:  ”Whenever a customer feels misled, mistreated, ignored or coerced, then profits from that customer are bad. Bad profits come from unfair or … Continue reading

Posted in Business, Leadership, Management, Organization | Tagged , , , , , | Leave a comment

The worlds dumbest idea will (unfortunately!) survive yet a number of years

Steve Denning predicts death of shareholder value based economy not before 2020.

Posted in Business, Organization | Tagged , , , , , | Leave a comment