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That 10-15-year product development cycle john2011 alludes to still poses problems to speedy financial analysis and decision-making of this particular industry.
FORBES: Connect
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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.
FORBES: A Vision for Unifying Access to Data and Documents
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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.
FORBES: What is your organization's Analytics Maturity?
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The challenge is to know how much information and analysis is needed for each step in a decision-making process.
FORBES: Operationalizing the Precautionary Principle for Biodiversity