Effectiveness vs. Efficiency

These two “E-F-F” words are what drives a lot of what happens in society today. If you want to run a successful business or a successful organization, you’ve gotta find a way to increase your efficiency, while maximizing your effectiveness. But which one is more important? As is often the case in life, it depends …

What is Data Science?

There’s no question that “data science” is becoming more and more popular. In fact, Booz Allen Hamilton (a consultancy) found: The term Data Science appeared in the computer science literature throughout the 1960s-1980s. It was not until the late 1990s, however, that the field as we describe it here, began to emerge from the statistics …