News Room

INFORMS President Ed Kaplan provides input on the importance of business owners recognizing the value of their data, and that the more it is used in decision-making, the greater the impact.

"Getting owners to see that data can drive new efficiencies and effectiveness, challenging others in the organization to produce quality information, and seeking and seizing opportunities to make improvements--even in areas that one wouldn't typically consider--can be challenging, but it will also have the greatest return on investment," said Kaplan.

Dean of the Owen Graduate School of Management at Vanderbilt University and Vice President of Publications for INFORMS, Eric Johnson is the curator of “INFORMS Editor’s Cut: Healthcare in the Age of Analytics,” a website that pools research papers and articles as well as podcasts and videos examining how the use of data is changing the provision of and the policies behind health care.

Vice President of Business Analytics of Regal Entertainment Group and INFORMS member Matt Carr was selected for the Knoxville Sentinel's top "40 Under 40" for his role in helping Regal grow from being a company without a formalized analytics group to one that makes decisions and pursues strategies based on actionable data analysis.

In an upcoming issue of the INFORMS journal Management Science, a study conducted by three business professors explores a phenomenon called “algorithm aversion,” which is an irrational distrust of computer algorithms, despite their ability to outperform humans on many tasks, from selecting baseball recruits to diagnosing illness.