That 10-15-year product development cycle john2011 alludes to still poses problems to speedy financial analysis and decision-making of this particular industry.
But we all agree that more needs to be done -- to improve the collection of intelligence, to ensure that analysis reaches senior decision-makers in a timely way, and to provide strong oversight to ensure that our intelligence activities are consistent with our democratic values and the rule of law.
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Another respondent, a retail bank, recouped its investment in real-time decision analysis in just four months.
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As the amount of information grows exponentially and the clockspeed of business gets faster, providing a streamlined flow of real-time data analysis and decision making in key processes will be the foundation for better performance and competitive advantage.
This could make search a key factor in brining big data to a very broad audience, giving direct access to data and putting analysis tools in the hands of decision-makers.
The challenge is to know how much information and analysis is needed for each step in a decision-making process.
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Such a decision would be based on an extensive cost-benefit analysis that would need to satisfy members of VW Group's board of management.
Whereas traditional product development would involve making product decisions using business intuition and knowledge, Zynga turned decision-making on its head by hypothesis-driven product testing, quick analysis and agile roll-out based on how customers behaved.
Peto writes that "any competent trial statistician" would back his conclusions and says that Vytorin's makers, Merck and Schering-Plough, do not pay his salary and had no impact on the decision to conduct his analysis or on how the analysis was conducted (see Peto's letter).
What the proliferation of harshly pro-debtor state laws likely means is that we will see more of these cases, and because a facts-and-circumstances analysis will be used, the outcome of these cases will probably uncertain right up until the moment of decision.
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