What are we solving with analytics?

3 min read

Seasoned analytics practitioners invariably have many “you-live-and-learn” experiences. They commonly include cases in which the problem presented to them is not the real one to be solved. Unfortunately, in practice, the problem presented is often blindly accepted as the one to be solved. This leads to solving the wrong problem. Disconnects ensue. And the consequences may not be trivial. A key precondition to addressing the needs is correctly understanding what the true problem is. However, everyone is so focused on the idea of solving. Without giving it much thought, everyone happily accepts solving a problem rather than solving the problem…....

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Michiko Wolcott Michiko is currently the managing partner and principal consultant of Msight Analytics, a management consulting firm specializing in data and analytics. Backed by 20 years of experience in analytical project execution and delivery, she has helped organizations of all sizes in the development of enterprise capability and effectiveness in data and analytics. She has led multi-national analytical consulting practices, with clients and colleagues from across the globe in financial services, media and communications, retail, healthcare, life sciences, public sector, as well as humanitarian response and disaster management, and has spoken at many industry conferences and forums. Her prior responsibilities include serving as the Lead Data Scientist at North Highland and leading the international analytics practice at Equifax as the Vice President of International Analytics. Michiko holds a Master of Science degree in Statistics from Florida State University among other degrees from Florida State University and the Peabody Conservatory of the Johns Hopkins University.