http://www.analytics-magazine.com<br />
<br />
Banking on Better Days<br />
Post-crisis analysis: Credit risk management lessons learned the hard way<br />
<br />
Also Inside:<br />
• Behavior Segmentation: Five best practices<br />
• Data Mining Survey: Trends and new insights<br />
• Sports Law Analytics: High-stakes litigation<br />
• Simulation Frameworks: Keys to dashboarding<br />
<br />
Executive Edge<br />
Michael Kubica of Applied Quantitative Sciences: Simulation in strategic forecastingInside Story<br />
<br />
Failure to communicate<br />
When confronted with complex business analytics problems that beg for mathematical modeling, the reactive first response is, “Show me the data.” However, based on one of the recurring themes that came out of the recent INFORMS Conference on Business Analytics & Operations Research held in Chicago,<a title="Analytics, May/June 2011 page 1" href="http://viewer.zmags.com/publication/dd66abfd?page=1">http://www.analytics-magazine.comBanking on Be</a> http://www.analytics-magazine.comBanking on Be<a title="Analytics, May/June 2011 page 2" href="http://viewer.zmags.com/publication/dd66abfd?page=2">Inside StoryFailure to communicateWhen confr</a> Inside StoryFailure to communicateWhen confr<a title="Analytics, May/June 2011 page 3" href="http://viewer.zmags.com/publication/dd66abfd?page=3">ContentsFeaturesEconomically calibrated mo</a> ContentsFeaturesEconomically calibrated mo<a title="Analytics, May/June 2011 page 4" href="http://viewer.zmags.com/publication/dd66abfd?page=4">Departments1 inside story By Peter Hor</a> Departments1 inside story By Peter Hor<a title="Analytics, May/June 2011 page 5" href="http://viewer.zmags.com/publication/dd66abfd?page=5">Executive EdgeExecutive briefing on simulation</a> Executive EdgeExecutive briefing on simulation<a title="Analytics, May/June 2011 page 6" href="http://viewer.zmags.com/publication/dd66abfd?page=6">Executive Edgefrom the point estimate, given t</a> Executive Edgefrom the point estimate, given t<a title="Analytics, May/June 2011 page 7" href="http://viewer.zmags.com/publication/dd66abfd?page=7">Profit CenterLearning by exampleThree traits</a> Profit CenterLearning by exampleThree traits<a title="Analytics, May/June 2011 page 8" href="http://viewer.zmags.com/publication/dd66abfd?page=8">Profit Centerpractitioners. Nonetheless, it’s </a> Profit Centerpractitioners. Nonetheless, it’s <a title="Analytics, May/June 2011 page 9" href="http://viewer.zmags.com/publication/dd66abfd?page=9">Analyze This!Let’s get this analytics party ho</a> Analyze This!Let’s get this analytics party ho<a title="Analytics, May/June 2011 page 10" href="http://viewer.zmags.com/publication/dd66abfd?page=10">Analyze This!PAW and INFORMS. Clearly, the p</a> Analyze This!PAW and INFORMS. Clearly, the p<a title="Analytics, May/June 2011 page 11" href="http://viewer.zmags.com/publication/dd66abfd?page=11">NewsmakersMidwest ISO earns Edelman honors</a> NewsmakersMidwest ISO earns Edelman honors<a title="Analytics, May/June 2011 page 12" href="http://viewer.zmags.com/publication/dd66abfd?page=12">Banking SectorThe secret to better credit risk</a> Banking SectorThe secret to better credit risk<a title="Analytics, May/June 2011 page 13" href="http://viewer.zmags.com/publication/dd66abfd?page=13">Credit Risk Managementimmediate past default e</a> Credit Risk Managementimmediate past default e<a title="Analytics, May/June 2011 page 14" href="http://viewer.zmags.com/publication/dd66abfd?page=14">Credit Risk ManagementProduct (GDP), housing p</a> Credit Risk ManagementProduct (GDP), housing p<a title="Analytics, May/June 2011 page 15" href="http://viewer.zmags.com/publication/dd66abfd?page=15">Credit Risk ManagementEach market the bank ser</a> Credit Risk ManagementEach market the bank ser<a title="Analytics, May/June 2011 page 16" href="http://viewer.zmags.com/publication/dd66abfd?page=16">Credit Risk Managementcollecting on the same l</a> Credit Risk Managementcollecting on the same l<a title="Analytics, May/June 2011 page 17" href="http://viewer.zmags.com/publication/dd66abfd?page=17">Cruise Line ExperimentRisk in revenue manage</a> Cruise Line ExperimentRisk in revenue manage<a title="Analytics, May/June 2011 page 18" href="http://viewer.zmags.com/publication/dd66abfd?page=18">Credit Risk ManagementThe key metrics for eval</a> Credit Risk ManagementThe key metrics for eval<a title="Analytics, May/June 2011 page 19" href="http://viewer.zmags.com/publication/dd66abfd?page=19">Credit Risk Managementform was expressed by tw</a> Credit Risk Managementform was expressed by tw<a title="Analytics, May/June 2011 page 20" href="http://viewer.zmags.com/publication/dd66abfd?page=20">Credit Risk Managementforecasts and other para</a> Credit Risk Managementforecasts and other para<a title="Analytics, May/June 2011 page 21" href="http://viewer.zmags.com/publication/dd66abfd?page=21">Marketing StrategyFive best practices in behav</a> Marketing StrategyFive best practices in behav<a title="Analytics, May/June 2011 page 22" href="http://viewer.zmags.com/publication/dd66abfd?page=22">Behavioral SegmentationThe business questions</a> Behavioral SegmentationThe business questions<a title="Analytics, May/June 2011 page 23" href="http://viewer.zmags.com/publication/dd66abfd?page=23">Behavioral SegmentationA senior executive tol</a> Behavioral SegmentationA senior executive tol<a title="Analytics, May/June 2011 page 24" href="http://viewer.zmags.com/publication/dd66abfd?page=24">Behavioral Segmentationby first defining the </a> Behavioral Segmentationby first defining the <a title="Analytics, May/June 2011 page 25" href="http://viewer.zmags.com/publication/dd66abfd?page=25">60 countries representedUnderstanding data m</a> 60 countries representedUnderstanding data m<a title="Analytics, May/June 2011 page 26" href="http://viewer.zmags.com/publication/dd66abfd?page=26">Data Mining Surveythan 20 fields were mentione</a> Data Mining Surveythan 20 fields were mentione<a title="Analytics, May/June 2011 page 27" href="http://viewer.zmags.com/publication/dd66abfd?page=27">Data Mining Surveydata miners using text minin</a> Data Mining Surveydata miners using text minin<a title="Analytics, May/June 2011 page 28" href="http://viewer.zmags.com/publication/dd66abfd?page=28">Data Mining SurveyExplaining data mining to ot</a> Data Mining SurveyExplaining data mining to ot<a title="Analytics, May/June 2011 page 29" href="http://viewer.zmags.com/publication/dd66abfd?page=29">Data Mining SurveyKey challenge No. 2: Explain</a> Data Mining SurveyKey challenge No. 2: Explain<a title="Analytics, May/June 2011 page 30" href="http://viewer.zmags.com/publication/dd66abfd?page=30">Legal IssuesSports law analyticsAnalytics ar</a> Legal IssuesSports law analyticsAnalytics ar<a title="Analytics, May/June 2011 page 31" href="http://viewer.zmags.com/publication/dd66abfd?page=31">Sports, Analytics & The Lawopinion that addres</a> Sports, Analytics & The Lawopinion that addres<a title="Analytics, May/June 2011 page 32" href="http://viewer.zmags.com/publication/dd66abfd?page=32">Sports, Analytics & The Lawprinciples and meth</a> Sports, Analytics & The Lawprinciples and meth<a title="Analytics, May/June 2011 page 33" href="http://viewer.zmags.com/publication/dd66abfd?page=33">Sports, Analytics & The LawBoth Keller and O’B</a> Sports, Analytics & The LawBoth Keller and O’B<a title="Analytics, May/June 2011 page 34" href="http://viewer.zmags.com/publication/dd66abfd?page=34">Display & Deploy MetricsSimulation framework</a> Display & Deploy MetricsSimulation framework<a title="Analytics, May/June 2011 page 35" href="http://viewer.zmags.com/publication/dd66abfd?page=35">Building Dashboardscould lie in the discipline</a> Building Dashboardscould lie in the discipline<a title="Analytics, May/June 2011 page 36" href="http://viewer.zmags.com/publication/dd66abfd?page=36">Building Dashboards(“stock”) and their inflow/</a> Building Dashboards(“stock”) and their inflow/<a title="Analytics, May/June 2011 page 37" href="http://viewer.zmags.com/publication/dd66abfd?page=37">BuilDing DashBoarDsUpon practice, one can uti</a> BuilDing DashBoarDsUpon practice, one can uti<a title="Analytics, May/June 2011 page 38" href="http://viewer.zmags.com/publication/dd66abfd?page=38">Corporate ProfileFedEx presents a “playground”</a> Corporate ProfileFedEx presents a “playground”<a title="Analytics, May/June 2011 page 39" href="http://viewer.zmags.com/publication/dd66abfd?page=39">Corporate ProfilePeople: 1. Problem: FedEx E</a> Corporate ProfilePeople: 1. Problem: FedEx E<a title="Analytics, May/June 2011 page 40" href="http://viewer.zmags.com/publication/dd66abfd?page=40">Corporate Profilegeography and route complexit</a> Corporate Profilegeography and route complexit<a title="Analytics, May/June 2011 page 41" href="http://viewer.zmags.com/publication/dd66abfd?page=41">Corporate ProfileFlight schedules are created </a> Corporate ProfileFlight schedules are created <a title="Analytics, May/June 2011 page 42" href="http://viewer.zmags.com/publication/dd66abfd?page=42">The Five-Minute AnalystPolice vs. smartphone D</a> The Five-Minute AnalystPolice vs. smartphone D<a title="Analytics, May/June 2011 page 43" href="http://viewer.zmags.com/publication/dd66abfd?page=43">Thinking AnalyticallyThe traveling spaceman pr</a> Thinking AnalyticallyThe traveling spaceman pr