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Spring Training : Correcting Common Mistakes Regular Season : Cutting Costs/Become a Hero

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Spring Training : Correcting Common Mistakes Regular Season : Cutting Costs/Become a Hero Post Season : Raising your Batting Average. Naomi Robins Consultant and seminar leader on effective data presentation Principal, NBR Phone : (973) 694 - 6009 e-mail : [email protected]

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Presentation Transcript
slide1
Spring Training: Correcting Common Mistakes

Regular Season: Cutting Costs/Become a Hero

Post Season: Raising your Batting Average

slide2

Naomi Robins

    • Consultant and seminar leader on
    • effective data presentation
    • Principal, NBR
  • Phone: (973) 694 - 6009
  • e-mail: [email protected]
  • Website: http://www.NBR-Graphs.com/
    • Libby Christman
    • Vice President of Risk Management, Ahold USA
  • Phone: (717) 240 - 5573
  • e-mail: [email protected]
  • Website: http://www.Ahold.com/
      • Richard Denning
      • President, Shelter Island Risk Services
    • Phone: (631) 749-1535
    • e-mail: [email protected]
  • Website: http://www.shelterislandrisk.com/
improving performance in the post season
Improving Performance

In The Post Season

  • Richard Denning
  • President, CEO
  • Shelter Island Risk Services
analytics improve your batting average
Analytics Improve Your Batting Average
  • A fool is a person who expects different results when you do the same thing over and over.
visualization deserves to move from the bottom of the batting order to clean up
Visualization deserves to move from the bottom of the batting order to clean-up

Sloan Management Review:

  • 58% of organizations see analytics as a competitive advantage (2011 survey)
  • Up from 37% in 2010
classes of risk data
Classes of Risk Data

Critical Dates

HR info on all Employees

Exposures (Fleet size, miles driven, etc.

Data

Claim Measurements

Data

Organization

the analytical payoffs
The Analytical Payoffs
  • Time
  • Control
  • Confidence
it s a team sport
It’s a Team Sport
  • Bounce ideas off others who bring specialist skills and experience
the danger of numbers
The Danger of Numbers!

Assume that your four Divisions: A, B, C and D

All have the same average frequency rate of 5 claims per

100 employees

inspiration for better graphics
Inspiration for Better Graphics:

Naomi B. Robbins, http://blogs.forbes.com/naomirobbins

Wall Street Journal for financial reporting

Sports Reporting for creative displays

Edward R. Tufte, The Visual Display of Quantitative Information (two other volumes)

software visualization tools excel compatible not expensive
Software Visualization Tools (Excel compatible / not expensive)
  • Palisade Software @RISK
  • SAS Institute JMP
  • Tableau Software Tableau
conclusion
CONCLUSION

OPERATIONS

COST ALLOCATION RISK SERVICES

ANALYTICS

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