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You're reading from  The Economics of Data, Analytics, and Digital Transformation

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Published inNov 2020
PublisherPackt
ISBN-139781800561410
Edition1st Edition
Concepts
Data Analysis
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Author (1)
Bill Schmarzo
Bill Schmarzo
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Bill Schmarzo

Bill Schmarzo, The Dean of Big Data is a University of San Francisco School of Management Executive Fellow and an Honorary Professor at the School of Business and Economics at the National University of Ireland-Galway where he teaches and mentors students in his courses “Big Data MBA” and “Thinking Like a Data Scientist". He is the author of Big Data: Understanding How Data Powers Big Business, Big Data MBA: Driving Business Strategies with Data Science, and The Art of Thinking Like a Data Scientist. He has written countless whitepapers, articles and blogs, and given keynote presentations and university lectures on the topics of data science, artificial intelligence/machine learning, data economics, design thinking and team empowerment.
Read more about Bill Schmarzo

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Team Empowerment History Lesson

In the 1805 Battle of Trafalgar, British Admiral Lord Nelson faced the superior forces of the combined French and Spanish naval Armada. The French and Spanish naval Armada was determined to clear a path for Napoleon to invade England, and only Lord Nelson stood in their way. Lord Nelson was badly outnumbered and outgunned, so he needed to reframe his battle strategy to overcome these debilitating disadvantages.

In 1805, the standard method of naval warfare involved ships lining up parallel to each other to maximize the effectiveness of their cannons. Naval battle in the "Age of Sail" was a simple game of math—firing cannonballs more quickly than your opponent was the best way to ensure victory. Yes, the Key Performance Indicator (KPI) for naval battle success could have been "shots per minute" based on the number of cannons and the crew's ability for rapid reloading.

Given his predicament, Lord Nelson decided...

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The Economics of Data, Analytics, and Digital Transformation
Published in: Nov 2020Publisher: PacktISBN-13: 9781800561410
© 2020 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Bill Schmarzo

Bill Schmarzo, The Dean of Big Data is a University of San Francisco School of Management Executive Fellow and an Honorary Professor at the School of Business and Economics at the National University of Ireland-Galway where he teaches and mentors students in his courses “Big Data MBA” and “Thinking Like a Data Scientist". He is the author of Big Data: Understanding How Data Powers Big Business, Big Data MBA: Driving Business Strategies with Data Science, and The Art of Thinking Like a Data Scientist. He has written countless whitepapers, articles and blogs, and given keynote presentations and university lectures on the topics of data science, artificial intelligence/machine learning, data economics, design thinking and team empowerment.
Read more about Bill Schmarzo

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