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Article Analysis: Keep Up With Your Quants By Thomas H. Davenport

729 words - 3 pages

The first article I have chosen to review is Keep Up With Your Quants By Thomas H. Davenport. Davenport specializes in analytics and business process innovation. Davenport has published over 100 articles in respected journals such as The Harvard Business Review and MIT Sloan Management review. Davenport has published many books and his opinion within the data analysis sector is highly regarded.
Keep Up With Your Quants looks at how we live in an era of big data. Davenport suggests that as the data becomes bigger also will the analysis of the data provided. At the start of the article the author suggest that people whom come from a high-end management background will find quants easy to ...view middle of the document...

This allows for non quants minded people to focus on their business experiences and give input which is not purely stats or analytic focused. This Davenport argues will give the information more creditability and give non quants minded people something which is easier to read and understand. Davenport also argues this will give more creditability.
• Review and analyses of past finding by others within the organization is key to solve any problem. Davenport suggests that the retaining of tacit knowledge will allow for the speedy resolve of any issues or problems, which may of happened before in similar quants activities.
• It is suggested in the article that all quants should be tested before hand and never run with the first suggestion. A clear hypothesis will support a proposed explanation made on the basis of limited evidence as a starting point for further investigation. Testing of all quants is key to their success and organizations should never go with the first data produced. If needed have a plan B.
• Organizations must make sure that all data used will allow for the theory of the hypotheses to be fully tested. Davenport suggests that before any quants is run that all...

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