Predictive models can lose the plot: here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray
One of the players in the 2008 financial crisis was a phenomenon the authors call algorithmic inertia: when organizations use algorithmic models that are meant to account for a dynamic environment but fail to keep pace with critical changes. In this article, the authors explain algorithmic inertia,...
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| Beteiligte Personen: | , , |
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| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
[Place of publication not identified]
MIT Sloan Management Review
2023
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| Ausgabe: | [First edition]. |
| Schlagwörter: | |
| Links: | https://learning.oreilly.com/library/view/-/53863MIT64415/?ar |
| Zusammenfassung: | One of the players in the 2008 financial crisis was a phenomenon the authors call algorithmic inertia: when organizations use algorithmic models that are meant to account for a dynamic environment but fail to keep pace with critical changes. In this article, the authors explain algorithmic inertia, identify its sources, and suggest practices that organizations can implement to overcome it. |
| Beschreibung: | "Summer 2023 issue, vol. 64, no. 4. Reprint #64415.". - Includes bibliographical references |
| Umfang: | 1 Online-Ressource (8 Seiten) illustrations |
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| spelling | Glaser, Vern L. VerfasserIn aut Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray Vern L. Glaser, Omid Omidvar, Mehdi Safavi [First edition]. [Place of publication not identified] MIT Sloan Management Review 2023 1 Online-Ressource (8 Seiten) illustrations Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier "Summer 2023 issue, vol. 64, no. 4. Reprint #64415.". - Includes bibliographical references One of the players in the 2008 financial crisis was a phenomenon the authors call algorithmic inertia: when organizations use algorithmic models that are meant to account for a dynamic environment but fail to keep pace with critical changes. In this article, the authors explain algorithmic inertia, identify its sources, and suggest practices that organizations can implement to overcome it. Business planning Strategic planning Algorithms Planification stratégique Algorithmes algorithms Omidvar, Omid VerfasserIn aut Safavi, Mehdi VerfasserIn aut |
| spellingShingle | Glaser, Vern L. Omidvar, Omid Safavi, Mehdi Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray Business planning Strategic planning Algorithms Planification stratégique Algorithmes algorithms |
| title | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray |
| title_auth | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray |
| title_exact_search | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray |
| title_full | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray Vern L. Glaser, Omid Omidvar, Mehdi Safavi |
| title_fullStr | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray Vern L. Glaser, Omid Omidvar, Mehdi Safavi |
| title_full_unstemmed | Predictive models can lose the plot here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray Vern L. Glaser, Omid Omidvar, Mehdi Safavi |
| title_short | Predictive models can lose the plot |
| title_sort | predictive models can lose the plot here s how to keep them on track algorithmic inertia can result in guidance that leads business astray |
| title_sub | here's how to keep them on track : algorithmic inertia can result in guidance that leads business astray |
| topic | Business planning Strategic planning Algorithms Planification stratégique Algorithmes algorithms |
| topic_facet | Business planning Strategic planning Algorithms Planification stratégique Algorithmes algorithms |
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