11/15/12 cbig presentation by joe koczwara
TRANSCRIPT
7755 Montgomery Road, Suite 180Cincinnati, Ohio 45236
Tel 513.792.7500 • Fax 513.793.8535
Copyright © 2012 The Devine Group, Inc. All rights reserved.
Analytics and Data Visualization: Then and Now from One Analyst’s Perspective
Joe Koczwara
Bio
• 10 Years – Devine Group – Analytics
• 20 Years – Procter & Gamble – Analytics
• 2 Years – Adjunct Professor – Analytics
• Undergraduate Degree – Analytics
Analytics Humor - SnorgTees
Analytics Humor – Car Talk
Analytics Humor – Search Results (in Millions)
• Predictive Analytics 5
• Data Visualization 39
• Cloud Computing 284
• Business Intelligence 373
• Big Data 1,700
Analytics and Data Visualization: Then and Now from One Analyst’s Perspective
• 1980’s
Back Then – Hot Topics
• Business Process Reengineering
• Total Quality - Deming • Theory of Constraints - Goldratt
• Fractals
Now
• Predictive Analytics
• Data Visualization
• Cloud Computing
• Business Intelligence
• Big Data
Back Then – 1981 – Scheduling Commercials
• ABC, CBS, NBC
• IBM’s MPSX Optimization Software, VisiCalc
• Every brand wanted to be on Dallas
• Multiple Soap Operas
• Analytics: Run a large scale Integer Programming model to maximize effective impressions (optimally match the brand’s desired demographics to the TV show’s demographics)
Now
• 1000 channels with nothing to watch, except for Discovery, History and Sunday Night Football
• Excel Solver
• I am not sure if any brands want to be on Dallas
• Judge Judy and Dog the Bounty Hunter
Back Then – 1983 – Math Community Meetings
Now
• Webinars and Broadcast Emails
• Note to marketing: You have Big Data, Business Intelligence and Predictive Analytics, but you forgot Data Visualization and Cloud Computing
Back Then – 1987 – Price & Promotion Modeling
• UPCs
• Weekly Store Level Pricing, Volume, Feature and Display Data
• Mainframes / Double Density Eagle Drives
• Multivariate Regression using SAS/Stat, Lotus 1-2-3, Excel
• Analytics: Run a regression model to determine a brand’s price elasticity, feature elasticity and display elasticity
• Data Visualization looked like…
Back Then – 1987 – Price & Promotion Modeling
Back Then – 1989 – Distribution Siting Studies
• High-end Data Visualization
• HP 4 pen color plotter
• Plot the demand data
• Plot the solution (distribution network)
Back Then – 1989 – Distribution Siting Studies
Back Then – 1989 – Distribution Siting Studies
Now – 3D Images of Dark Matter
Established 1970 • Serving 5000 clients• Headquartered in Cincinnati • Create psychometric assessments
Certified & Accredited Staff• I/O Psychologists• HR Generalists• Analytics & Predictive Modeling
based on psychometric data
Business Management Services • Talent Selection• Talent Development
My Company Overview
Samples of Verticals Served
• Aeronautics• Automotive• Banking• Business Process
Outsourcing• Consumer Packaged
Goods• Education• Entertainment• Financial • Food Service• Gaming• Government• Healthcare• HCM Providers• Insurance
• Hospitality• Manufacturing• Media• Nonprofit• Oil & Gas• Pharmaceuticals• Professional Services• REITs• Restaurants• Retail• Software• Technology• Training• Transportation &
Logistics
Analytics in Assessments
Assessment Creation
• Construct Validity– Alphas– Inter-construct correlations– Factor Analysis– Inter-test correlations– Reliability (T1 – T2)
Analytics in Assessments
Assessment Application
• Criterion Validity– Concurrent– Predictive
• Run Meta-analyses
Cool Developments
Helping Our Military Transition – Top Competency Report
Cool Developments
Helping Students - MajorMatch.com
Cool Developments
Reengineered Business Process Used to Develop A Job Model
• Old methodology to determine the competencies needed for a job, create the custom assessment and custom selection report would take 6 months and a massive amount of effort
• Developed Job Requirement Survey (JRS) / Job Model Builder (JMB)
• Reduces time and effort by at least 10x