Chief Alchemist - Business Consulting For The 21st Century Via A Holistic & Intelligent Approach
Share ChiefAlchemist.com. RSS 2.0 feed for ChiefAlchemist.com. Sign up for the mailing list. Follow Chief Alchemist on Twitter. 'Like' the Chief Alchemist's page on Facebook. See what Chief Alchemist has been Q&A'ing on Quora. Chief Alchemist bookmarks & highlights on Diigo.com. Follow the Chief Alchemist on Digg.com. Chief Alchemist channel on Last.fm. Chief Alchemist on Flickr. Mark 'Chief Alchemist' Simchock on LinkedIn. Free Initial Consultation. Email Chief Alchemist. Phone Chief Alchemist.
  • Mark ‘Chief Alchemist’ Simchock
  • 'Email me.Email => ca .at. ChiefAlchemist .dot. com
  • 'Phone me.Alchemy United => 732 997-0028
  •  
  • Free initial consultation.Free => Initial Consultation
  • Please be sure to subscribe to your communication channels of choice.
  • Click To Close => The small green (consultation), red (email) or blue (phone) icons in the top upper right.
CURRENT “TOP 10” TOPICS TOOLS CLIENTS & PROJECTS SOURCES SEARCH HIDE
Business Consulting For The 21st Century Via A Holistic & Intelligent Approach

Even data has its limits

Consumed => “Using Enterprise Data to Fuel New Business Ideas” by Joab Jackson on CIO.

http://www.cio.com/article/684331/Using_Enterprise_Data_to_Fuel_New_Business_Ideas

=> Value add (i.e., left a comment)…

Interesting idea. However, it should be mentioned that it too has its limits. That is, “Credit card transactions offer a better glimpse into the value of an eatery” isn’t entirely true.

The main problem is the “universe” they’re starting with. It’s not all possible customers, it’s Citi card holders. It’s not every transaction of an establishment, it’s the one of those who hold and use Citi bank cards. There can certainly be bias in both of these subsets. Does this make in intell unusable? Probably not. None the less, in terms of authenticity it would have been helpful if the article had at least one disclaimer.

I would imagine the most useful resource for The Guests (i.e., consumers) would be one that combines both methods – subjective and objective.

BTW, I’m not expecting perfection. I’m just noting that even good clean and accurate data has its limits. So before making data based decision be certain to understand the caveats.

Here’s the link to Bundle: http://www.Bundle.com

Required.
Will not be published. Required.
Please include http://