article thumbnail

Let Algorithms Decide – and Act – for Your Company

Harvard Business Review

Instead, smart organizations are driving analytics to an even deeper level within business processes— to make real-time operational decisions , on a daily basis. These operational analytics are embedded, prescriptive, automated, and run at scale to directly drive business decisions. Centuries ago everything was manufactured by hand.

article thumbnail

Let Algorithms Decide – and Act – for Your Company

Harvard Business Review

Instead, smart organizations are driving analytics to an even deeper level within business processes— to make real-time operational decisions , on a daily basis. These operational analytics are embedded, prescriptive, automated, and run at scale to directly drive business decisions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Designing the Machines That Will Design Strategy

Harvard Business Review

It comprises a range of conceptual and analytical operations, including problem definition, signal processing, pattern recognition, abstraction and conceptualization, analysis, and prediction. If all you have is a hammer, then everything will look like a nail. Further second- and third-order interactions occur downstream.

article thumbnail

Lean Doesn’t Always Create the Best Products

Harvard Business Review

They expect quality, and use it both as a selection criteria for purchase and as a constraint for sustained use. When process is a hammer, the risk is that everything becomes a nail. The benefit is in producing emotionally sound products: products that people love, not just products people use.

article thumbnail

How Presidential Elections Made Social Media Marketing Banal

Harvard Business Review

But while field organizing is essential in this closely contested race, the groundwork has been laid over many months by the campaigns' digital operations. You can thrive on constraints. As we approach the final days of the U.S. Everyone knows politics is a big money game. million Twitter followers to Romney's 1.6

Media 8
article thumbnail

The Problem with FEMA No One Is Talking About

Harvard Business Review

The editorial page of the New York Times recently hammered Mitt Romney with a piece called " A Big Storm Requires Big Government." Such constraints would likely encourage less risk taking before a disaster.