There are two ways of making data-driven decisions, analytical and experimental, and only one of them is right for you at any given moment! Cynefin & data-driven decision making. By the author. Motivation We need more forecasting, more predictive analytics, generic before & after analysis frameworks, more AI…. and yet 65% of managers report no visible value from any of those efforts. I think one important component of failed analytics projects is that companies fail to understand when to use analytical data-driven decision making, and when to use experimental data-driven decision making. I claim, companies like Netflix, Airbnb and Zynga are so […]

A simple Matrix to determine the Costs of Your Next Machine Learning Product on Your Roadmap. The deeply (ai) confused product manager. Illustrations by the author. Motivation AI and machine learning products are on the roadmap of almost any company today, and the trends are rising. But few companies actually have ever implemented more than a dozen successful products. According to a recent study, 65% of companies with investments in AI have not seen any business returns on them. In the same study, high costs are reported as a major hurdle. So let’s see how we can go about lowering the costs […]