Remove 2015 Remove Crisis Remove Development Remove Tacit Knowledge
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Algorithms Make Better Predictions — Except When They Don’t

Harvard Business Review

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. We need to predict performance for the first quarter of 2015 (1Q15). So what’s the prediction for 2015’s first quarter?

article thumbnail

Algorithms Make Better Predictions — Except When They Don’t

Harvard Business Review

Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacit knowledge that experienced managers deploy every day, nor the creative genius of innovators. We need to predict performance for the first quarter of 2015 (1Q15). So what should managers, especially leaders, do?