The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.
The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.
Diversity alone won’t get the votes for funding public education. It takes communities that are more integrated and connected, where residents have a sense of shared stake.
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Business literature is full of leaders preaching about stretch goals. These uncomfortable, seemingly out-of-reach results are supposed to motivate people to do things they never thought they could do. But do they work? The answer is complicated. A new study published in the INFORMS journal Organization Science found that stretch goals motivate a small number of participants.
Members of the INFORMS student chapter at the University at Buffalo with the State University of New York have taken inspiration from the INFORMS Pro Bono Analytics program and launched their own efforts to positively impact their community.
New research in the INFORMS journal Organization Science that examined 4,452 CEOs from 2,666 U.S. firms, as well as 104,129 news articles and 6,567 CNBC interviews, found that CEOs who appeared in CNBC interviews could expect their compensation to increase by $210,239 on average, notwithstanding firm performance and other mitigating factors.
New book, Write to Influence!, explains how to present analytics to a nontechnical audience. Hint: Shorter and clearer is better.
A recent study in the INFORMS journal Organization Science found that, instead of posting performance, setting stretch goals can actually have the opposite effect.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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