Blog – Predictive Analytics – a Soup Story by Geert Verstraeten

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Predictive Analytics – a Soup Story

A simple metaphor for projects in predictive analytics 

By: Geert Verstraeten, Predictive Analytics advocate, Managing Partner and Professional Trainer, Python Predictions

The analytical scene has recently been dominated by the prediction that we would soon experience an important shortage of analytical talent. As a response, academic programs and massive open online courses (MOOCs) have sprung up like mushrooms after the rain, all with the purpose of developing skills for the analyst or its more modern counterpart, the data scientist. However, in the original McKinsey article, the shortage of analytics-oriented managers was predicted to become ten times more important than the shortage of analysts[1]. But how do we offer relevant concepts and tools to managers without drowning our ‘sweet victims’ in technology and jargon?

For managers, most analytics training falls short in a critical way. The vast majority of newfound…

View original post 1,133 more words

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