Forecasting is a data science task that is central to many activities within an organization. For instance, large organizations like Facebook must engage in capacity planning to efficiently allocate scarce resources and goal setting in order to measure performance relative to a baseline.
[Infographic] 2013 Resource Management and Capacity Planning Benchmark Study More than 600 executives and managers in project-based organizations around the globe participated in the survey. Their responses helped determine: Top resource planning pain points and their causes The business risks of taking no action Benefits of addressing resource management and capacity planning Best practices around people, process and technology of the most mature, best performers
Organizations that don’t learn constantly, adapt continuously and execute relentlessly are more likely to be disrupted by constant change and competition. Peter Senge, in his book defined a learning organization as: “where people continually expand their capacity to create the results they truly