How the 80/20 Rule and Watson Applies to Your Mysterious Clients

You’ve probably heard of the famous Pareto Principle, otherwise known as the 80/20 rule. The principle, quite simply, is that in many domains of life, 80% of the outcomes come from 20% of the causes. Applied to business, roughly 20% of your clients, your best clients, power 80% of your business. [Read more…]

Analyzing the Analytics Hype

The tech world is filled with buzzwords and hype. While these phrases can be meaningful or helpful, they aren’t always.

This is true of “analytics.” It’s also true of its sibling terms “predictive analytics” and “business intelligence.” [Read more…]

How IBM Planning Analytics helps you create a stronger business plan

IBM Planning Analytics

Perhaps you are a genius entrepreneur, or you have a genius business plan. You’ve developed a number of models to validate your strategy, held meetings and the buy-in is there. So, everything’s going to be great, right?

The biggest problem with running a business is that even the best-laid plans don’t always pan out in the real world. [Read more…]