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Handling uncertainty: panic vs. precautions…

Timo Elliott

Some people insist that the currently reported mortality rates are wildly overestimated because of the “missing denominator” problem—the absence of people who don’t show symptoms. A more flexible way of attacking uncertainty is to look beyond specific models and instead benchmark against “other people like us.”

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Chart Snapshot: Fan Charts

The Data Visualisation Catalogue

A Fan Chart is a visualisation tool used in time series analysis to display forecasts and associated uncertainties. Each shaded area shows the range of possible future outcomes and represents different levels of uncertainty with the darker shades indicating higher levels of probability.

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Sustainability: Real progress but also thorny challenges ahead

CIO Business Intelligence

Here are some of the challenges left to resolve in the area of environmental sustainability: Collecting, sharing, and reporting on environmental data: For many organizations, identifying and collecting sustainability data across operations is still a challenge. So far, however, companies seem to be staying the course.

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Zendesk - The Impact of COVID-19 on CX

Corinium

With the coronavirus outbreak, customer experience teams across the globe have had to rapidly adapt amid ticket spikes, customer cancellations, market volatility, and increased uncertainty. Have a look at the report here. Each week brought new challenges , and business simply wasn't business as usual. Read the Full Article.

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Complimentary Gartner Report: Improve S&OP Decision Making with Scenario Planning

But with uncertainty on the rise, they need to build more flexibility into their process to account for changing business conditions. Download this complimentary report to learn about: Gartner’s research findings on the role of scenario planning in S&OP. Traditionally, planning teams have aimed for one number, one plan.

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2021 Data/AI Salary Survey

O'Reilly on Data

There was a lot of uncertainty about stability, particularly at smaller companies: Would the company’s business model continue to be effective? However, 8% of the correspondents reported decreased compensation, and 18% reported no change. A small number of respondents (8%) reported salary decreases, and 18% reported no change.

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Generative AI sparks family business renaissance: PwC report

CIO Business Intelligence

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.