Generative AI has opened up a variety of possibilities for content analysis. The AI engine can take unstructured language, such as free-form text in a survey, and organize it into categories and themes. The AI engine can also take structured writing and score it against goal-oriented criteria. Both processes help content creators and analysts alike […]
In “The scourge of ‘stealthflation’ – Companies have found sneaky ways to raise prices. Where will it end?” The Economist aired a litany of egregious ways in which companies try to foist higher prices on consumers. Some of the violations appear to result from insufficient competition in the marketplace. Some of the violations come from […]
Budgeting Is Hard Budgeting is the challenging nexus connecting what you WANT to do, what you SHOULD do, and what you CAN do. The first step toward success in budgeting involves understanding and aligning the roles each of these points play in your life. What you want to do reflects your values. What you should […]
Convoluted Carpool Lanes Carpool lanes started as a simple energy-conservation and pollution-reducing incentive: multiple people riding in a car get access to a special lane that typically moves faster than other lanes of traffic. Over time, transportation agencies and regional governments have piled on a range of goodies into these lanes. Electric vehicles and hybrids […]
A friend with a healthcare startup discussed pricing strategy with me after reviewing Y Combinator’s Kevin Hale in the video “Startup Pricing 101.” My friend learned that setting prices too low can hurt a startup by undermining the brand and perceived value for the early adopters critical to young startups. Revisiting Past Insights on Pricing […]
Planning a family trip can be daunting. Parents and guardians must balance a myriad of preferences across eating, sleeping, and entertainment preferences all while maintaining a budget. A wrong turn or a small mishap can cascade into major vacation disruptions and undermine the best plans and budgets. I recently faced these important analytics challenges while […]
My son recently taught me about better decision-making. He wanted to celebrate his birthday at California’s Great America amusement park with his closest friends. An imminent winter storm complicated the planning. While he and his friends were determined to go almost no matter the weather, I was hesitant. I psyched myself up for braving the […]
Ahan Analytics, LLC helps to unlock the data capabilities of non-profit organizations. So, I took great interest in a recent research paper published in Big Data & Society titled “Developing data capability with non-profit organisations using participatory methods.” Authors Anthony McCosker, Xiaofang Yao, Kath Albury, Alexia Maddox, Jane Farmer, and Julia Stoyanovich provided a data-driven […]
American football is experiencing a data analytics movement. One of the most visible signs of this movement is the National Football League’s (NFL) partnership with Amazon AWS to create “Next Gen Stats” and “Stat That.” NFL coaches are also apparently increasingly turning to “the analytics” to make game critical decisions. Announcers and fans alike endlessly […]
Inflation has been a hot topic in the pandemic economy. Beyond base effects (the artificially low prices produced by a shutdown economy), in many industries the prices for materials, goods, and even labor have soared. Suddenly, businesses need solid pricing strategies not only to earn attractive profits but also just to stay solvent. Marketplace recently […]
