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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?

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Your Whole Company Needs to Be Distinctive, Not Just Your Product

Harvard Business Review

But in 2015, CostCo shifted its affiliation to Citigroup’s Visa. Make tacit knowledge explicit by codifying the things you do in capabilities, but keep rethinking, improving, and reworking your codification. which permitted no other card in its popular stores.

IAM 11
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?