Book Recommendations

Big Data is a very new technology. Some aspects are not perfectly understood yet. If you want to get more insights how Big Data is influencing our lives today and what can go wrong by using it, I can recommend the book "Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy". Very easy to read.

In case you fell in love with data modeling, you may want to read one of the fundamental books of Data Warehousing "The Data Warehouse Toolkit".

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Porter's 4 Forces

Hello everyone in the Business Analytics community - We are Porters 4 Forces, because we don't need the fifth, slowing us down. We are old, we are strong, we are here to win. Here is a short introduction of our team members: Jay I am Jay Kim. I am married to a Thai. We got married after seeing each other for six years, including 3 years long distance while I was in Abu Dhabi. I have been working in the conservative construction industry for over 4 years, and yes, it is still relying on the traditional way of managing projects. I believe that big data and the Industrial Internet (IoT) can be applied to a traditional industry like construction to improve efficiency and minimize risks and unnecessary jobs. Eventually this could save millions of dollars, which is the major reason that I joined SNU MBA. Felix Hallo, my name is Felix. Feel free to talk to me about travel in Asia/Pacific, fußball (or as you ...

Track the right statistics!

When Anne Milgram became the attorney general of New Jersey in 2007, she quickly discovered a few startling facts: not only did her team not really know who they were putting in jail, but they had no way of understanding if their decisions were actually making the public safer. And so began her ongoing, inspirational quest to bring data analytics and statistical analysis to the US criminal justice system.

Blog entry # 3 - Network Analysis and course insights

Network Analysis is very powerful! If you thought that conventional Data Analysis is breaking all boundaries in terms of finding new significant insights on data we were not able to track and see before, then network analysis will truly blow your mind. In an era of constant growth in social media use and networking between people, everyone seems to want to connect and share things with each other. In fact, everyone seems to want to be part of a group or in our case, a network. Network analysis gives you the ability to see even deeper connections between individuals as we can analyze different aspects of their connections with each other, how important they are to each other and to the network, how often do they interact with each other and how well they are connected to others. Don't hurt my Ego-network! A network is made of nodes - the individuals in a network (e.g people, objects etc.), and edges - the connections between these nodes. There are man...

Porters 4 Forces - Business Analytics 2017

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