One of the graphics I put together late last year as I worked on my own time to
figure out how to convey the importance of Predictive Analytics is this one about
Sysytems Thinking:

Figure 1 - Systems Thinking is the foundation of all businesses.
I had intended to update an old blog titled
Revisting the Basics with this visual. It speaks of a maple tree as a metaphor
for building skill in a complex realm. However, it plays a large role in my efforts
towards helping BI folks build the business acumen skills required for effective
consulting of Predictive Analytics. The major role of Predictive Analytics is to
supply the robust logic required for software applications to better serve the complexities
of human society than the other way around.
Predictive Analytics is a technology that impacts all
industries as well as opening up new types of software companies. In order to
The time is near for us to place our bets on the roulette
wheel for the eventual economic recovery. I'm placing my bet on "Predictive Analytics
for the Masses" both as a stakeholder of Microsoft (I work for Microsoft, my skills
are obviously and unavoidably Microsoft-centric, and of course, I own stock) and
as an entrepreneur (at this time that pretty much means as someone who wishes to
contribute towards Microsoft's BI vision). The roulette wheel is spinning now in
the middle of all this economic and political crap; once the wheel stops, it's too
late.
I strongly believe that the individuals or companies that
possess core competencies around Predictive Analytics (see my blog, Why Isn't Predictive Analytics
a Big Thing? and its accompanying links for
more on why) will be the players for this economic recovery. It's hard to imagine
what companies that would be. It could be the current players such as Microsoft,
Google, or Yahoo. It could be a smaller company who's time has come such as SAS
(not that they'd want to blossom into a mega-sized company). There's a good chance
it could be a totally unknown player as were all of the previous players at one
time. SCL?
Predictive Analytics is one of the major technologies
that decouples rules from procedures. Predictive Analytics is all about automatically
discovering rules to recognize phenomenon within complex, ever-changing systems.
These "soft-coded" rules are very different from the rigid "hard-coded" rules that
dominate our software applications today. It is what makes systems smart instead
of inflexible and dumbed-down.
So why didn't we always write software that way? Because
the hardware and infrastructure didn't exist. As an analogy, think about selective
breeding versus genetic engineering. Agriculture shares with computers the fact
that production improvements over the past few decades rise in orders of magnitude.
That's an important point since population is pretty well aligned with the amount
of food we're able to produce.
Genetic engineering is clearly more flexible and fast
than selective breeding. So, why didn't we use genetic engineering from the start?
Obviously because the surrounding technology didn't exist and wouldn't exist until
just recently. People weren't even aware of genes until a few decades ago. But mankind
made use of the best technique available until the technology arrived that would
open up completely new, infinitely superior approach.
We are there with software as well. We don't need to think
in terms of automating only well defined processes (dumbing down). We can build
systems that better blend with our human ability to think our way through complex
and sometimes novel situations.

Figure 2 - All systems are like manufacturing processes.

Figure 3 - Decision making is rife with Imperfect Information.

Figure 4 - Science and Engineering projects and Business are Systems.

Figure 5 - Predictive Analytics provides "best guesses" when data is obscured.