Three Gaps in Business Analytics

Friday, December 5, 2014 - 1:25pm - 2:25pm
Lind 305
Earl Sun (Target Corporation)
Science and technology have a clear understanding of what math can offer. Business, however, tends to be a bit different. There is always the appetite to improve business and the decision-making process. However, there are challenges in applying advanced math in business. Understanding these challenges, or ‘gaps’, and knowing how to bridge them, can decide project success in the short term, and influence a practitioner’s career in the long term.

In our discussion, we will explore three gaps:

    1. Gap in the ecosystem between generation and application of an idea

    2. Gap of scale when analyzing business decisions

    3. Gap of the mind when trying to understand customers analytically