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Author Glaser, Vern L., author.

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 / Vern L. Glaser, Omid Omidvar, Mehdi Safavi. [O'Reilly electronic resource]

Edition [First edition].
Publication Info. [Place of publication not identified] : MIT Sloan Management Review, 2023.
To Access:
Available on O'Reilly for Public Libraries
Bookmark link: https://library.naperville-lib.org:444/record=b3195055~S1
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Description 1 online resource (8 pages) : illustrations
Note "Summer 2023 issue, vol. 64, no. 4. Reprint #64415."
Bibliography Includes bibliographical references.
Summary 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.
Subject Business planning.
Strategic planning.
Algorithms.
Planification stratégique.
Algorithmes.
algorithms.
Algorithms
Business planning
Strategic planning
Added Author Omidvar, Omid (Lecturer in strategic management), author.
Safavi, Mehdi, author.
Standard No. 53863MIT64415
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