“…Companies are vacuuming up data to make better decisions about everything from product development and advertising to hiring. In their 2012 feature on big data, Andrew McAfee and Erik Brynjolfsson describe the opportunity and report that “companies in the top third of their industry in the use of data-driven decision making were, on average, 5% more productive and 6% more profitable than their competitors” even after accounting for several confounding factors…”
Not a week goes by without us publishing something here at HBR about the value of data in business. Big data, small data, internal, external, experimental, observational — everywhere we look, information is being captured, quantified, and used to make business decisions.
Not everyone needs to become a quant. But it is worth brushing up on the basics of quantitative analysis, so as to understand and improve the use of data in your business. We’ve created a reading list of the best HBR articles on the subject to get you started.
For more: http://bit.ly/1kcQXa5
“…Hotels should exercise caution before taking random leaps into the world of modern gadgetry. The first consideration must be the customer. Some people may find apps that know what movie they’re watching, where they’re going or whether they’re sleeping to be creepy. Other guests might not like the sight of a lobby full of high-tech devices…”
At Hotel 1000 in downtown Seattle, guests who want to sleep late don’t have to hang a “Do Not Disturb” sign on their doorknobs. Each of the hotel’s rooms contains an infrared sensor that detects body heat and displays the results to the housekeeping staff on a door panel (unless the guest doesn’t want it to). If the sensor shows someone is in the room, the cleaners skip it and move on.
For more: http://onforb.es/ShWu45
“…The mother and son, in town to pick up Jeffrey’s sister from a science camp, did not know that only two months earlier an elderly couple died in the same room after being overcome by carbon monoxide gas…Mrs Williams also hopes that in sharing her tragic story, she would raise awareness of the silent, odorless and colorless killer that has robbed her of her son…”
The North Carolina mother whose 11-year-old son was killed by carbon monoxide poisoning has started a foundation to raise awareness of the lethal, odorless, colorless gas.
Jeannie Williams nearly died from a carbon monoxide leak in a hotel that claimed the life of her son Jeffrey Williams, and now she’s made it her life’s mission to make people aware of the killer.
For more: http://dailym.ai/1pxZMf3
“…The one-count lawsuit claims the hotel negligently and carelessly failed to provide guests with safe and sanitary rooms; failed to take steps, including inspections and extermination, to keep its premises clean and free of infestations; and, among other things, failed to train staff appropriately to recognize signs of bed bugs…”
A woman suffered from bed bug bites after she stayed at a hotel in Calumet Park, according to a lawsuit filed Thursday.
Bridget Flowers rented a hotel room Feb. 14 at the Magnuson Hotel, 12800 S. Ashland Ave., and slept on the bed and used the sheets that the hotel provided, according to the lawsuit filed Thursday in Cook County Circuit Court.
For more: http://bit.ly/1gWJaOj