CIMA CEO column: 'by 2018 the US could face a shortage of up to 190,000 experts with deep analytical skills'.
| Author | Tilley, Charles |
| Position | Chartered Institute of Management Accountants - Chief executive officer - Conference news |
I recently hosted a CFO round-table discussion in Bangalore where the subject of data overload came up. It was clear that many of the CFOs were still working out how to link such data more effectively--purchase values to supplier quality, for instance. One of the big obstacles to this is the lack of a common terminology used by data scientists and management accountants--a key concern to address.
According to the Harvard Business
Review, big data is set to challenge long-standing ideas about the value of experience, the nature of expertise and the practice of management. But what evidence is there to show that using big data more intelligently can actually improve business performance?
Academics led by a team at MIT Sloan School of Management applied some...
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