Op-ed: Data and The Future of Work

The world of work has forever changed. The global COVID-19 pandemic has driven a fundamental societal shift, and many of the trends that were already underway have now been accelerated. The “Great Resignation” has changed the landscape of many industries, the competition for talent has never been more dynamic, and employers are doing their best to rapidly adapt. Employee experience and engagement have become a daily focus of the C-suite as retention and hiring move toward the top of the strategic agendas of forward-thinking companies. The good news is there is vastly more market data available, and it’s increasing at a rapid rate.

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LATEST NEWS

The deadline for submitting your Early Career Teachers’ Network (ECTN) applications has been extended to July 12! Submit your application now to be a participant (mentee) or a mentor.

INFORMS is offering a five-class course on game theory for business with instructor Paul Papayoanou, Ph.D., Senior Advisor and Game Theory Specialist at Decision Frameworks. Register now before the course begins on May 10!

Leveraging Knowledge Graph Technology to Fuel Advanced Analytics

Since the early 1990s, organizations have been collecting, storing, analyzing and reconfiguring a plethora of information, only to find 20 years later that they are still struggling to maximize their big data investments. By leveraging an enterprise knowledge graph platform, enterprises can tap into innovations such as explainable AI, data virtualization, reusable semantic data modeling and scalable complex query performance to help speed analytics insight and reduce data operations cost.

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SPONSORED CONTENT from Gurobi

The Role Technology Company Corporate Boards Need to Play in ESG Reporting

Since the U.S. Securities and Exchange Commission (SEC) proposed rules governing climate-related disclosures from all public companies on March 21, environmental, social and governance (ESG) reporting has become necessary for technology company corporate boards to address, especially in today’s environmentally and socially conscious world. However, to fully understand the standards technology corporate boards need to meet when navigating their ESG reporting, we must first understand what’s wrong with the current system.

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How Are ITOps Transforming with the Rise of AIOps?

Information technologies operations (ITOps) are the lifeline of any organization with the sole focus on optimizing the cost of operations. ITOps are no longer just about managing the infrastructure; they also facilitate adding the task of detecting and responding to threats, executing proactive maintenance and managing the overall IT infrastructure. The advent of cloud, mobility and the Internet of Things has completely changed how ITOps function. Modernizing outdated systems is the only way to remain competitive and convert those challenges into opportunities. This is when organizations turn to artificial intelligence for IT operations (AIOps) to get enhanced visibility and better performance.

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ReCAP

Ronald "Fred" Woodaman

Ronald Woodaman

What have you loved about being a CAP?

I am now in my third decade as an O.R. professional. The CAP provides that “cherry on top” – the stamp of authority to go with education and experience. Although CAP is not yet super recognizable outside of the OR/MS community (such as, perhaps, PMP), I do get questions about it and the resulting explanation yields positive impressions. I think that realizing the ultimate benefit of the CAP requires a bit of “evangelization” on the part of those of us who have earned it.

For the full answer and more, click here.

Fool’s Gold?

This column is not about oceans, but in a way, it is about a gold rush. I am no expert at the stock market, cryptocurrencies, or anything of the sort, but when my spouse and a colleague both send me links to crypto-related content within the same week, I take it as a sign I should at least look. After all, we had celebrities earlier this year featured on million-dollar Super Bowl commercials pushing cryptocurrencies. So, crypto?! What is it exactly?

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Techniques for Accelerating Innovation

innovation techniques part 3

Part 3: The OODA Loop Approach to Innovation

This is the third in a series of articles exploring new approaches to innovation, and one compelling possibility was developed by military strategist John Boyd. Boyd created a strategy built around a cycle of observing, orienting, deciding and acting and called it the “OODA loop.” The principles he developed are broad enough to apply in many contexts, including becoming more innovative in our volatile, risky world.

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ReCAP

Liam Bui

Liam Bui

How often do people ask you, “What does CAP mean?”

All the time in Canada, probably because CAP is not as well known here, compared to in the U.S. CAP is a global certification program that ensures analytics professionals achieve and maintain adequate knowledge and proficiency in analytics. It provides a holistic view of different steps and considerations we should take for an analytics project. When people ask about CAP, I highly recommend that they check it out and let me know if they need advice on the CAP exam preparation.

Click here for the full Q&A.

DEPARTMENTS

Inside Story

Here we go again

The contents of the May/June issue of Analytics are discussed, amid a family quarantine.

Letter from the Analytics Society President

blue newsletter
Renewed Sense of “Togetherness”

It’s springtime, the flowers are opening, and the world feels like it’s starting to open as well. I have been feeling a bit manic since the Analytics Conference in Houston – and I know I’m not the only one. By no means is the COVID-19 pandemic “over,” but it feels as though we are somewhere between the beginning and middle of the “end.” If the past two years have taught us nothing else, it is to expect things to move forward and backward several times before finally settling on a trajectory.

Analyze This!

Growing an Analytics Department While Emptying a Home

As my students and I approach the end of the school year, all of us seem to be staggering to the finish line, in no small part because of the impact of COVID-19. As challenging as it was to be socially isolated and teaching fully online last year, this academic year has in some ways been even more difficult and exhausting – and looking to the next academic year, I’m also more anxious about my daughter’s impending departure that I care to admit.

Healthcare Analytics

Pandemic Has Exacerbated Mental Health Care Demand, but There Is a Supply Shortage: Can AI Help?

May is Mental Health Awareness Month. This article shines a light on how mental health management has emerged as the key challenge during the COVID-19 pandemic and how new technology innovations are aiding as tools to tackle this frontier.

Forum

speech bubbles
Why customization is key for leveraging data intelligently in your business

The benefits of data-backed insights are clear, and companies that have failed to adapt a data-first approach are quickly being left in the dust. But it’s critical that instead of prioritizing quantity, businesses develop strategies and embrace tools that help them leverage data intelligently.

Five-Minute Analyst

Fool’s Gold?

This column is not about oceans, but in a way, it is about a gold rush. I am no expert at the stock market, cryptocurrencies, or anything of the sort, but when my spouse and a colleague both send me links to crypto-related content within the same week, I take it as a sign I should at least look. After all, we had celebrities earlier this year featured on million-dollar Super Bowl commercials pushing cryptocurrencies. So, crypto?! What is it exactly?

Click here for the full blog series Understanding smart technology - and ourselves by Joesph Byrum
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