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    The Deciding Factor: The Power of Analytics to Make Every Decision a Winner (Hardback) By (author) Larry E. Rosenberger, By (author) John Nash, By (author) Ann Graham

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    DescriptionBy 2010, businesses worldwide will spend a total of $1.5 trillion annually on information technology hardware, software, and services. All corporations face the same challenge and opportunity: how to create value from unprecedented amounts of data available. The Deciding Factor shows how innovative consumer businesses from around the world are using the wealth of business data available to win and keep customers, innovate, and earn more profit through disciplined daily decision making. Too often, senior executives fail to appreciate how much value is created or lost in every decision. The Deciding Factor demystifies the systems and mathematical models that turn analysis of customer data into decisions that create business value. Larry E. Rosenberger (San Rafael, CA) is the former CEO of Fair Isaac and Fair Isaac's first Research Fellow. John Nash (Minneapolis, MN) is Vice President of Corporate Strategy at Fair Isaac. He previously worked for Seisint, Inc. (now a subsidiary of LexisNexis) and Accenture. Fair Isaac, creator of the FICO score, is the leading provider of decision management solutions, combining trusted advice, world-class analytics, and innovative applications to help businesses around the world make smarter decisions.

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    The Deciding Factor
    The Power of Analytics to Make Every Decision a Winner
    Authors and contributors
    By (author) Larry E. Rosenberger, By (author) John Nash, By (author) Ann Graham
    Physical properties
    Format: Hardback
    Number of pages: 272
    Width: 155 mm
    Height: 229 mm
    Thickness: 28 mm
    Weight: 454 g
    ISBN 13: 9780470398197
    ISBN 10: 0470398191

    BIC E4L: BUS
    B&T Merchandise Category: GEN
    B&T Book Type: NF
    Nielsen BookScan Product Class 3: S4.1
    LC subject heading:
    B&T Modifier: Region of Publication: 01
    B&T Modifier: Subject Development: 20
    B&T Modifier: Academic Level: 05
    LC subject heading:
    B&T Modifier: Subject Development: 10
    B&T General Subject: 180
    BIC subject category V2: KJMD
    Warengruppen-Systematik des deutschen Buchhandels: 17850
    Ingram Subject Code: BE
    Libri: I-BE
    DC22: 658.403
    BISAC V2.8: BUS019000
    LC subject heading: ,
    B&T Approval Code: A48404238
    BISAC V2.8: BUS041000
    DC22: 658.4/03
    LC classification: HD30.23 .R672 2009
    Thema V1.0: KJMD
    Illustrations note
    John Wiley and Sons Ltd
    Imprint name
    Jossey Bass Wiley
    Publication date
    03 April 2009
    Publication City/Country
    Author Information
    Larry Rosenberger is widely recognized as an innovator in decision technology, particularly in consumer lending. During his tenure as CEO of Fair Isaac Corporation, revenues soared eight-fold over a nine-year time frame. He was named Fair Isaac's first analytic research fellow in 2007, following more than 33 years of service to the company. In this capacity, he continues to pursue research projects that advance Fair Isaac's analytic science. John Nash is Fair Isaac's vice-president of corporate strategy, leading strategy development across the company's product portfolio. Nash has worked with Fortune 500 companies in financial services, retail, consumer packaged goods, and high tech. Ann Graham is a contributor to and former deputy editor of strategy+business magazine, and has been a writer and editor for The Economist Group; Gartner, Inc.; Booz & Co.; and Knowledge@Wharton.
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    The Deciding FactorIn today's high-tech world, all companies are striving to create business value from digital data, but the real value in data comes from how it is used to make decisions. At the end of the day, what drives the results your company achieves is the millions of decisions made every day that are influenced by customer interactions and transactions.In this groundbreaking book, Larry Rosenberger and John Nash draw on over fifty years of experience in helping companies automate, improve, and connect decisions. Using analytic techniques first pioneered by Fair Isaac Corporation, the authors clearly show how today's forward-thinking executives and managers are using analytic insights to ensure their decisions keep up with information complexity and the pace of change--especially changes in consumer behavior and attitudes, in regulations, and in competitive actions and reactions. The authors explain how making better decisions through a combination of data, mathematics, and software can lead to a more customer-centric, cost-competitive, and creative organization. Highly accessible, The Deciding Factor helps demystify the math and information technology behind decision management for the business manager who may not be a mathematics or computer science wizard. As practical as it is approachable, the book answers such questions as: How does a multinational consumer packaged-goods company build brand loyalty one person at a time? How does a consumer credit-card company process millions of transactions every second and keep fraud under control? How can a big-box retailer increase per-customer profitability?Rosenberger and Nash offer a much-needed resource for decision makers from the boardroom to the front line, a resource that provides guidance to create and unlock new sources of value from an organization's decisions.
    Table of contents
    Introduction. 1. From Intuition to Algorithms: A Brief History of Using Analytics to Make Better Decisions. 2. How Analytics Makes Customer Relationships More Valuable: The Netflix, Best Buy, Tesco, and Harrah's Experience. 3. Co-Creation and Decision Management: How Consumers and Companies Share Data to Create Value. 4. The Disciplines of Decision Leaders: The Math, Mind-Set, and Technology for Managing Decisions. 5. The New Knowledge Workers: Defining the Talent Mix for Success with Analytics. 6. Demystifying Decision Management: A Primer on Various Analytic Tools and Techniques. 7. The Future of Decision Management: Using Differentiated Decisions to Gain Competitive Advantage. Notes. Appendix A: Fair Isaac's Decision Management Project Methodology. Appendix B: Glossary. Acknowledgments. The Authors. Index.