Super Crunchers

Why Thinking-by-Numbers Is the New Way to Be Smart

Author: Ian Ayres

Publisher: Bantam

ISBN: 9780553904130

Category: Business & Economics

Page: 272

View: 3231

Why would a casino try and stop you from losing? How can a mathematical formula find your future spouse? Would you know if a statistical analysis blackballed you from a job you wanted? Today, number crunching affects your life in ways you might never imagine. In this lively and groundbreaking new book, economist Ian Ayres shows how today's best and brightest organizations are analyzing massive databases at lightening speed to provide greater insights into human behavior. They are the Super Crunchers. From internet sites like Google and Amazon that know your tastes better than you do, to a physician's diagnosis and your child's education, to boardrooms and government agencies, this new breed of decision makers are calling the shots. And they are delivering staggeringly accurate results. How can a football coach evaluate a player without ever seeing him play? Want to know whether the price of an airline ticket will go up or down before you buy? How can a formula outpredict wine experts in determining the best vintages? Super crunchers have the answers. In this brave new world of equation versus expertise, Ayres shows us the benefits and risks, who loses and who wins, and how super crunching can be used to help, not manipulate us. Gone are the days of solely relying on intuition to make decisions. No businessperson, consumer, or student who wants to stay ahead of the curve should make another keystroke without reading Super Crunchers. From the Hardcover edition.
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Summary: Super Crunchers

Review and Analysis of Ayres' Book

Author: BusinessNews Publishing

Publisher: Primento

ISBN: 251101646X

Category: Computers

Page: 15

View: 7104

The must-read summary of Ian Ayres' book: "Super Crunchers: Why Thinking-By-Numbers Is the New Way to Be Smart". This complete summary of the ideas from Ian Ayres' book "Super Crunchers" shows that the number crunchers are starting to consistently outperform the experts. Those who rely on their intuition to make good decisions are now starting to get left behind by a new breed of number crunchers – called “Super Crunchers” – who mine huge databases to reveal underlying relationships. In his book, the author explains the benefits of becoming a super cruncher and having all the answers. This summary demonstrates how you can become one and the benefits this will bring for your company and career. Added-value of this summary: • Save time • Understand key concepts • Expand your knowledge To learn more, read "Super Crunchers" and become a decision-maker with a better way of doing things.
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Student Affairs by the Numbers

Quantitative Research and Statistics for Professionals

Author: Rishi Sriram

Publisher: Stylus Publishing, LLC

ISBN: 1620364549

Category: Education

Page: 200

View: 8581

Student Affairs by the Numbers aims to be the go-to book for student affairs professionals who want to know the basics of quantitative research and statistics for their work. Books on assessment in student affairs tend to discuss processes more than research design and statistics. Most books on statistics share too much information for practitioners, overwhelming them and making it difficult to discern what they need to know. Since these books do not use examples from student affairs, it is even more difficult for practitioners to connect with new concepts. Student Affairs professionals need to know how to design a study, collect data, analyze data, interpret results, and present the results in an understandable manner. This book will begin by establishing the need for these skills in student affairs and then quickly move to how to develop a research culture, how to conduct research, how to understand statistics, and concluding with how to change our research/assessment behaviors in order to make higher education better for students.
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The Essential Manager

How to Thrive in the Global Information Jungle

Author: James W. Cortada

Publisher: John Wiley & Sons

ISBN: 1119004934

Category: Business & Economics

Page: 262

View: 7593

This book discusses the evolution of management as a professionover the past two decades and how it continues to evolve. It goeson to describe the new style of management and makesrecommendations for what today’s and tomorrow’smanagers must know and how to work. Offers ways to think about your role as a manager in order tooptimize your effectiveness toward uncertain and turbulentchanges Discusses current realities in which management currentlyoperates Provides a historical background of managerial practices andhow they’ve evolved in the present workplace
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Left Brain, Right Stuff

How Leaders Make Winning Decisions

Author: Phil Rosenzweig

Publisher: Profile Books

ISBN: 184765973X

Category: Business & Economics

Page: 435

View: 2529

Dozens of books have been published recently on the errors and biases that affect our judgments and choices. Drawing on cognitive science, their lessons are excellent for many kinds of decisions - consumer choice and financial investments, for example - but stop short of addressing many of the most important decisions we face in management, where we can actively influence outcomes and where competitive forces mean we have to outperform rivals. As Phil Rosenzweig shows, drawing on examples from business, sports and politics, this sort of decision-making relies on mastering two very different abilities. First, the analytical problem-solving skills associated with the brain's left hemisphere; and second, what Tom Wolfe called 'the Right Stuff': the ability to take calculated risks. Bringing fresh and often surprising insights to topics including confidence and overconfidence, the uses and limits of decision models, leadership and authenticity, expert performance and deliberate practice, competitive bidding and new venture management, Left Brain, Right Stuff, the myth-busting follow-up to The Halo Effect, explains how to perform when making even the most difficult decisions.
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Managing Customer Experience and Relationships

A Strategic Framework

Author: Don Peppers,Martha Rogers

Publisher: John Wiley & Sons

ISBN: 1119239818

Category: Business & Economics

Page: 624

View: 9822

Boost profits, margins, and customer loyalty with more effective CRM strategy Managing Customer Experience and Relationships, Third Edition positions the customer as central to long-term strategy, and provides essential guidance toward optimizing that relationship for the long haul. By gaining a deep understanding of this critical dynamic, you'll become better able to build and manage the customer base that drives revenue and generates higher margins. A practical framework for implementing the IDIC model merges theory, case studies, and strategic analysis to provide a ready blueprint for execution, and in-depth discussion of communication, metrics, analytics, and more allows you to optimize the relationship on both sides of the table. This new third edition includes updated examples, case studies, and references, alongside insightful contributions from global industry leaders to give you a well-rounded, broadly-applicable knowledge base and a more effective CRM strategy. Ancillary materials include a sample syllabus, PowerPoints, chapter questions, and a test bank, facilitating use in any classroom or training session. The increased reliance on customer relationship management has revealed a strong need for knowledgeable practitioners who can deploy effective initiatives. This book provides a robust foundation in CRM principles and practices, to help any business achieve higher customer satisfaction. Understand the fundamental principles of the customer relationship Implement the IDIC model to improve CRM ROI Identify essential metrics for CRM evaluation and optimization Increase customer loyalty to drive profits and boost margins Sustainable success comes from the customer. If your company is to meet performance and profitability goals, effective customer relationship management is the biggest weapon in your arsenal—but it must be used appropriately. Managing Customer Experience and Relationships, Third Edition provides the information, practical framework, and expert insight you need to implement winning CRM strategy.
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The Routledge Handbook of Chinese Criminology

Author: Liqun Cao,Ivan Y. Sun,Bill Hebenton

Publisher: Routledge

ISBN: 1135021465

Category: Social Science

Page: 356

View: 677

As the world’s second largest economy, China has made great progress in developing criminology. The Routledge Handbook of Chinese Criminology aims to be a key reference point to summarize the large body of literature in both Chinese and English about various aspects of crime and its control in China for international scholars with an interest in the development of criminological research on and in the Greater China region, and for everyone with a broad interest in international criminology. The editors of the handbook have selected authoritative contributors recognized for their research and scholarship on China, Hong Kong Macao, and Taiwan. This handbook consists of five sections: An account of the development of criminology as an academic discipline in modern China, as well as some of the unique theories, strategies, or philosophies of crime control that have emerged, An analysis of the criminal justice system in China, including the police, the courts, corrections, juvenile justice and the death penalty, An exploration of the issues and problems in conducting research in China, Reflections on the nature of crime and criminality in China, including drugs, prostitution, human trafficking, corruption, floating population, domestic violence, and white-collar crime, An account of crime and criminal justice in Taiwan, Hong Kong, and Macao. The book presents a coherent and comprehensive collection of essays on current research and theory in criminology, crime and justice in China and Greater China, and the Editors’ Introduction and Conclusion provide further contextualisation of the Handbook’s key themes.
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Clinical Data-Mining

Integrating Practice and Research

Author: Irwin Epstein

Publisher: Oxford University Press

ISBN: 019533552X

Category: Social Science

Page: 228

View: 1115

Clinical Data-Mining (CDM) involves the conceptualization, extraction, analysis, and interpretation of available clinical data for practice knowledge-building, clinical decision-making and practitioner reflection. Depending upon the type of data mined, CDM can be qualitative or quantitative; it is generally retrospective, but may be meaningfully combined with original data collection.Any research method that relies on the contents of case records or information systems data inevitably has limitations, but with proper safeguards these can be minimized. Among CDM's strengths however, are that it is unobtrusive, inexpensive, presents little risk to research subjects, and is ethically compatible with practitioner value commitments. When conducted by practitioners, CDM yields conceptual as well as data-driven insight into their own practice- and program-generated questions.This pocket guide, from a seasoned practice-based researcher, covers all the basics of conducting practitioner-initiated CDM studies or CDM doctoral dissertations, drawing extensively on published CDM studies and completed CDM dissertations from multiple social work settings in the United States, Australia, Israel, Hong Kong and the United Kingdom. In addition, it describes consulting principles for researchers interested in forging collaborative university-agency CDM partnerships, making it a practical tool for novice practitioner-researchers and veteran academic-researchers alike.As such, this book is an exceptional guide both for professionals conducting practice-based research as well as for social work faculty seeking an evidence-informed approach to practice-research integration.
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Quantitative Value

A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors

Author: Wesley R. Gray,Tobias E. Carlisle

Publisher: John Wiley & Sons

ISBN: 1118416554

Category: Business & Economics

Page: 288

View: 5268

A must-read book on the quantitative value investmentstrategy Warren Buffett and Ed Thorp represent two spectrums ofinvesting: one value driven, one quantitative. Where they align isin their belief that the market is beatable. This book seeks totake the best aspects of value investing and quantitative investingas disciplines and apply them to a completely unique approach tostock selection. Such an approach has several advantages over purevalue or pure quantitative investing. This new investing strategyframed by the book is known as quantitative value, a superior,market-beating method to investing in stocks. Quantitative Value provides practical insights into aninvestment strategy that links the fundamental value investingphilosophy of Warren Buffett with the quantitative value approachof Ed Thorp. It skillfully combines the best of Buffett and EdThorp—weaving their investment philosophies into a winning,market-beating investment strategy. First book to outline quantitative value strategies as they arepracticed by actual market practitioners of the discipline Melds the probabilities and statistics used by quants such asEd Thorp with the fundamental approaches to value investing aspracticed by Warren Buffett and other leading value investors A companion Website contains supplementary material that allowsyou to learn in a hands-on fashion long after closing the book If you're looking to make the most of your time in today'smarkets, look no further than Quantitative Value.
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Trillion Dollar Economists

How Economists and Their Ideas have Transformed Business

Author: Robert Litan

Publisher: John Wiley & Sons

ISBN: 111878183X

Category: Business & Economics

Page: 400

View: 4802

A detailed look at how economists shaped the world, and how thelegacy continues Trillion Dollar Economists explores the prize-winningideas that have shaped business decisions, business models, andgovernment policies, expanding the popular idea of the economist'srole from one of forecaster to one of innovator. Written by theformer Director of Economic Research at Bloomberg Government, theKauffman Foundation and the Brookings Institution, this bookdescribes the ways in which economists have helped shape the world– in some cases, dramatically enough to be recognized with aNobel Prize or Clark Medal. Detailed discussion of how economiststhink about the world and the pace of future innovation leads to anexamination of the role, importance, and limits of the market, andeconomists' contributions to business and policy in the past,present, and future. Few economists actually forecast the economy's performance.Instead, the bulk of the profession is concerned with how marketswork, and how they can be made more efficient and productive togenerate the things people want to buy for a better life. Full ofinterviews with leading economists and industry leaders,Trillion Dollar Economists showcases the innovations thathave built modern business and policy. Readers will: Review the basics of economics and the innovation ofeconomists, including market failures and the macro-microdistinction Discover the true power of economic ideas when used directly inbusiness, as exemplified by Priceline and Google Learn how economists contributed to policy platforms intransportation, energy, telecommunication, and more Explore the future of economics in business applications, andthe policy ideas, challenges, and implications Economists have helped firms launch new businesses, establishednew ways of making money, and shaped government policy to createnew opportunities and a new landscape on which businesses compete.Trillion Dollar Economists provides a comprehensiveexploration of these contributions, and a detailed look atinnovation to come.
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