W O R K I N G K N OW L E D G E R E S E A R C H R E P O RT Competing on Analytics THOMAS H. DAVENPORT‚ DON COHEN‚ AND AL JACOBSON MAY 2005 Executive Summary This report describes the emergence of a new form of competition based on the extensive use of analytics‚ data‚ and fact-based decision making. The analytics— quantitative or statistical models to analyze business problems—may be applied to a variety of business problems‚ including customer management‚ supply chains‚ and financial performance
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custodial sentences‚ the ageing prison population needing special care to survive‚ the state government and expenditure on prisons‚ human right and prisoners rights being two separate matters and violence in prisons are all negatives of the prison system. The only substantial positive really worth mentioning is that prisons do keep dangerous off the streets and incapacitates them from doing any more physical harm to society and the general population. Prison overpopulation is a huge negative
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Q1. General System Theory General System Theory accounts for similarities in the functioning of diverse phenomena such as living organisms‚ machines‚ galaxy and organizations. All forms‚ from atomic particles through atoms‚ molecules‚ crystals‚ planets‚ solar system‚ and even galaxies may be regarded as ’system’. ’System’ may be referred as ’complexes of elements standing in interaction. (Definition by Bertalanffy). The closed system is system that neither takes in nor emits matter. (only
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compared to today. The most tremendous differences do seem to affect teenagers more than adults. Some of the most important are related to fashion‚ technology‚ school and work. In the 60’s fashion have many similarities but also many differences to the present. A few very popular fashion items in the 60’s such as baby doll dresses‚ miniskirts‚ and hippie dresses are still very popular today. There are many fashion items that are not so popular‚ one of these are smocks. The 1960’s put forth
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Changes in Prison The American Correction system has been in existence for over 130 years. It has been since the meeting of American Prison Congress on 1870 in Cincinnati‚ Ohio. (Allen‚ Latessa & Ponder‚ 2013‚ p 30-31) The reformation was totally encompassing the inmate’s life in prison. The minds that met in 1870 were ahead of their times. With having put accountability and standards in the prison system created an improvement for the prisoner and the term he/she served. The beginnings were
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Competing Ideologies Thursday May 9th 2013 Following Confederation in 1867 and into the turn of the century Canada was divided among three competing ideologies. The first being Imperialism‚ a belief favoured by English speaking Canadians and the Conservative government‚ that strong British ties held a better future for Canada. Within Imperialism‚ French-speaking Canadians who preferred Canada to be self-governing and bi-lingual nation within the British Empire favoured a Nationalist ideology
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Competing on Analytics‚ by Thomas Davenport‚ investigates the concept of analytics as a basis for business competition. The article describes the characteristics and practices of an analytical competitor and the changes companies must undergo to compete in industry. Analytics refer to skills‚ applications and practices used in business to examine past‚ present and future business performance. It collects significant amounts data‚ analyzes the data that is collected and uses a statistical model
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The following is a highlighted summary of the book‚ Competing for the Future‚ published by Harvard Business School Publishing. The statements below are key points of the book as determined by James Altfeld and have been made available at no charge to the user. Competing for the Future By Gary Hamel and C.K. Prahalad Look around your company. Look at the high profile initiatives that have been launched recently. Look at the issues that are preoccupying senior management. Look at the criteria
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the correctional facility). The living condition with that many people can be very stressful when it comes to housing. An option for this is to reduce the amount of pending cases for the inmates that are idle inside of the jail. Having a slow court system has the number of non-sentenced prisoners increasing substantially. Some non-sentenced prisoners may not have appeared in court for many reasons. Another identified issue is the understaffing in faculty. Faculty is ranging from prison guards‚ janitors
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COMPETING THEORIES OF BUSINESS: PROFITABILITY AND OTHER MOTIVES INTRODUCTION Competition has always been part of human nature‚ therefore business as well‚ as a human creation. The tendency to be better and more successful has been transferred to business in idea of making profit and being successful. This enabled economy‚ as a whole‚ to evolve and provide civilization with higher quality and lower prices. In addition‚ it resulted in technological improvement. Competition led to creating competing
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