The 2015/16 English Premier League finished off with an unlikely champion. Leicester City football club emerged victorious this season despite their not-so impressive record in the past. In a podcast episode of More or Less Tim Harford explores why Leicester City’s win came as a surprise.
It is perhaps part of human nature to react to errors as soon as they see it. Being able to identify them is crucial in just about anything especially in instances where minor discrepancies would impact the expected results a lot. Forecasting business flow is necessary in making important decisions. […]
In today’s fast-paced business environment, organizations that don’t use data and analytics for planning are flying blind. In the past, data analysis has been cumbersome, time-consuming and resource-intensive (not to mention expensive), requiring analysts who not only analyzed the data, but also spent hours accumulating, entering and then rechecking the […]
Employee performance management is a key to create a coherent relationship of the workforce’s efficiency levels and the organization’s goals and objectives. Performance management begins as the worker is screened primarily for the tasks where their skills are determined if they are suitable to comply with the needed competency for […]
The definition of predictive analytics is the usage of statistical algorithms, machine-learning techniques and data in order to identify the probability of future results based on past or historical data. The goal here is to go past simple statistics and reports on past data to supplying the best evaluation on […]