The Decision Intelligence Lab

The Decision Intelligence Lab

By The Decision Intelligence LabBusinessEntrepreneurship
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The Decision Intelligence Lab episodes

  • #8 Ben Alamar: Business Lessons from Sports Analytics

    In this episode of the Decision Intelligence Lab podcast, hosts Vijay Mehrotra and Michael Watson engage with Ben Alamar, a PhD economist and sports analytics expert. They explore the evolution of sports analytics, the impact of motion tracking technology, and the challenges of integrating data into decision-making processes in sports. Ben shares personal anecdotes about his experiences with teams, the importance of understanding risk, and the role of leadership in fostering a data-driven culture. Ben offers advice for aspiring sports analysts and concludes with recommendations for further reading.


    Chapters

    00:00 - Preview

    1:30 - Meet Ben Alamar

    3:21 - The Evolution of Sports Analytics

    7:04 - Motion Tracking and Its Impact

    10:03 - Translating Sports Analytics to Business

    12:00 - Behavior Change and Mindset Shifts

    14:40 - Risk Perception in Decision Making

    19:16 - Fan Engagement and Business Objectives

    20:20 - Draft Decisions: Case Studies

    28:00 - Fostering Evidence-Based Culture in Sports

    33:43 - Advice for Aspiring Sports Analysts

    36:46 - Recommendations for Further Reading


    Book Recommendations:

    - "Basketball Beyond Paper" by Dean Oliver

    - "Ballistic" by Henry Abbott


    Check out P3 Applied Sports Science: https://www.p3.md/


    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Benjamin Alamar: ⁠https://www.linkedin.com/in/benalamar/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠


    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at ⁠[email protected]⁠

    41 min
  • #7 Peter Cacioppi: Real-Time Model Deployment

    In this episode, Mike & Vijay sit down with Peter Cacioppi, Principal Operations Research Scientist at Decision Spot to dive into the intersection of model building and production software development. Peter shares insights on the tools he's developed, the role of Python in the Gurobi ecosystem, and the transformative impact of LLMs on software development workflows, particularly in real-time optimization. Tune in to explore the challenges and innovations in bringing production models to life.


    Chapters

    0:00 - Preview

    1:20 - Meet Peter Caccioppi

    1:47 - Integrating Computer Science in OR

    7:16 - Tidy, Tested, and Safe

    16:55 - The History & Utitlity of Ticdat

    31:21 - GenAI's Role in OR and Software Development


    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Peter Cacioppi: ⁠https://www.linkedin.com/in/peter-cacioppi-86519210/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠


    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at ⁠[email protected]⁠

    38 min
  • #6 Zahir Balaporia: The Politics of Data Science

    In this episode of the Decision Intelligence Lab podcast, host Vijay Mehrotra and co-host Michael Watson engage with Zahir Balaporia, an expert in analytics and decision-making. They explore the concepts of the 'last mile' and 'extra mile', and the politics of analytics. Zahir also shares real-world examples of how organizational dynamics can impact the success of analytics initiatives. The conversation highlights the significance of beliefs in decision-making, the necessity of building trust, and the challenges of change management in the face of evolving technologies like AI.


    Chapters

    0:00 - Preview

    1:00 - Meet Zahir Balaporia

    2:00 - The Last Mile & Extra Mile Problems in Supply Chain

    7:24 - Real-World Examples of Analytics Failures

    11:54 - Building Trust and Relationships in Analytics

    21:25 - Cultural Dynamics in Technology Adoption

    29:15 - The Future of Work with AI and Change Management


    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Zahir Balaporia: ⁠https://www.linkedin.com/in/zahirbalaporia/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠


    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at ⁠[email protected]⁠

    37 min
  • #5. Ganesh Ramakrishna: Navigating the Startup Landscape

    In this episode of the Decision Intelligence Lab podcast, Ganesh Ramakrishna joins our hosts Vijay & Mike to share his journey from co-founding Opex Analytics to launching Lyric. He discusses the challenges of building a software company, the importance of fundraising with scaled ambitions, and the critical role of product-market fit. Ganesh emphasizes the need for an AI-first mindset in supply chain intelligence and the responsibilities that come with venture capital. He also highlights Lyric's innovative approach to solving supply chain problems through a comprehensive platform that integrates data, algorithms, and user experience.


    Chapters

    00:00 Introduction to Ganesh Ramakrishna

    03:05 The Birth of Lyric: Vision and Challenges

    06:05 Navigating the Startup Landscape: Fundraising Insights

    08:59 Building a Software Company: Early Stages and Funding

    12:07 Achieving Product-Market Fit: Lessons Learned

    14:58 The Role of Venture Capital: Control and Responsibility

    17:58 Supply Chain Challenges: Lyric's Approach

    21:02 AI-First Mindset: The Future of Supply Chain Intelligence


    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Ganesh Ramakrishna: ⁠https://www.linkedin.com/in/ganeshatalk/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠


    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at ⁠[email protected]⁠

    35 min
  • #4 Harley Davis: Combining LLMs with OR and Business Rules for Mission Critical Applications

    In this podcast episode, Michael Watson & Vijay Mehrotra interviews Harley Davis, Founder and CEO of Athena Decision Systems. They discuss the rise of generative AI and its integration with business rules, emphasizing the importance of reliable decision-making in mission-critical applications. Harley explains the limitations of LLMs, referring to them as 'stochastic parrots,' and highlights the challenges of scaling these technologies while ensuring privacy and compliance. The conversation also covers the role of RAG in enhancing LLM performance and shares real-world use cases where AI can improve administrative processes.


    Chapters

    0:00 - Introduction & Preview

    1:19 - Meet Harley Davis & Athena Decision Systems

    4:30 - Business Rules in Mission-Critical Applications

    9:23 - Understanding LLMs and Their Limitations

    12:05 - Integrating LLMs with Business Rules

    14:12 - Challenges in Scaling LLMs and Privacy Concerns

    17:34 - The Role of RAG in Enhancing LLM Performance

    20:15 - Deploying LLMs in Real-World Applications

    24:24 - Improving Administrative Processes with AI

    27:10 - Final Thoughts and Recommendations



    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Harley Davis: ⁠https://www.linkedin.com/in/harleydavis/

    Athena Decision Systems: https://athenadecisions.com/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠

    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes. For business inquiries, email at ⁠[email protected]⁠

    31 min
  • #3. Laura Albert: Thinking Big and Educating Differently

    We live in a world filled where our lives and livelihoods increasingly depend on complex systems.  In this episode, Professor Laura Albert from the University of Wisconsin discusses a recent paper on the “Grand Challenges in Industrial and Systems Engineering” and offers some suggestions on how educational programs must evolve in the age of Artificial Intelligence.

    Timestamps

    0:00 - Preview & Introduction

    3:20 - Definition & Importance of Resiliency

    5:38 - The Need for Big Thinking in the Field

    6:45 - Significance of case studies in bridging academia and industry needs9:00 - Rethinking educational approaches in light of GenAI advancements

    11:23 - The Threat of Irrelevance for Industrial & Systems Engineering

    12:55 - Challenges of Teaching with GenAI

    13:55 - Lessons from COVID-19: Supply Chain Resiliency

    16:32 - AI in Decision-Making and Governance

    18:15 - Identifying and managing trade-offs

    21:24 - Barriers to Impact in Data Science and OR Fields

    23:45 - Cybersecurity as an Opportunity for Industrial and Systems Engineering & Operational Research

    26:10 - The 'Equifax Breach Story'

    29:10 - Laura Albert’s blog



    Follow the show

    Apple: ⁠⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠⁠

    Spotify: ⁠⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠⁠


    Connect with guest

    Laura Albert: https://www.linkedin.com/in/lauraalbertphd

    Laura's Blog: https://punkrockor.com/

    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠⁠

    Prof. Michael Watson (Northwestern University): ⁠⁠https://www.linkedin.com/in/michael-watson-07600a1⁠⁠


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at  [email protected]


    Keywords:

    Industrial Engineering, Grand Challenges, Resiliency, Education, AI, Cybersecurity, Supply Chain, Governance, Decision-Making, Operations Research, Industrial and Systems Engineering, Operations Research, Resiliency, Complex Systems, Cybersecurity, Supply Chain, Education, Case Studies, Artificial Intelligence, Generative AI (GenAI), AI Governance, Engineering Curriculum, AI Ethics, Human-AI Teaming, Systems Thinking, Optimality, AI Audits, Workforce Training, Trade-offs, Data Science Projects, Impact Measurement, Public Outreach, Software Supply Chains, Power Systems, Digital Transformation, Decision-Making, Risk Management, Academic Blogging

    31 min
  • #2. Doug Gray: Why Data Science Projects Fail

    In this episode’ of the Decision Intelligence Lab podcast we have Doug Gray, Director of Data Science at Walmart Global Tech and co-author of Why Data Science Project Fail. Whether you are a business leader trying to capture value from your analytic investments, a practicing data scientist, or a student in a technical field aspiring to bring your skills to solve real world problems, this episode will provide you with valuable insights, examples, suggestions, and inspiration.


    Chapters

    0:00 - Preview, & Introductions

    2:30 - Birth of Why Data Science Projects Fail?

    4:36 - Top 5 People-Related Factors in Data Science Project Failure

    13:00 - Cost and Complexity Beyond the Model

    20:34 - Business User Resistance to “Black Box” Models

    26:17 - Doug’s Estimate of an Optimal Failure Rate

    31:20 - Organizational Maturity and Its Impact on Success

    36:50 - Doug's Recommendations



    Follow the show

    Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

    Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠


    Connect with guest

    Doug Gray: https://www.linkedin.com/in/doug-gray-06bb4a4/

    Books:

    1. Why Data Science Projects Fail2:  The Art of Data Science: A Practitioner's GuideConnect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠

    Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠


    Additional Notes:

    BOOK: All in on AI

    ARTICLE:  "$100 of Implementation for $1 of modeling"


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at [email protected]


    Keywords

    Project failure, analytics, organizational maturity, change management, Doug Gray, decision science, business value, success rates, data science projects, AI implementation, analytics failure rates, organizational maturity, change management, communication challenges, project management, unrealistic expectations, technology focus, business value, key performance indicators (KPIs), stakeholder engagement, decision intelligence, model deployment, production systems, data pipelines, integration challenges, testing and validation, airline operations research, supply chain optimization, cost avoidance, AI adoption in business, center of excellence, subject matter experts, user interface design, interactive optimization, prompt engineering, business process alignment, success rates in analytics, learning from failure

    39 min
  • #1. Irv Lustig: Identifying and Mitigating AI Project Risk

    In the first episode of the Decision Intelligence Lab podcast, hosts Vijay Mehrotra and Michael Watson interview Dr. Irv Lustig from Princeton Consultants about the Princeton 20, a framework for identifying and mitigating AI and Optimization project risks. This evaluation framework includes both business and technical factors, and is a valuable methodology for project discovery, effective selling, and building and maintaining trust with clients.


    Chapters

    00:00 - Preview, & Introductions

    02:20 - The Princeton Twenty Framework Overview

    3:24 - How the Princeton Twenty Is Used In Practice

    7:10 - Client Perspectives on Risk Management

    8:27 - Overselling in Optimization and AI Projects

    11:11 - Understanding the Decision Scope (Environmental Factor 5)

    16:43 - Exploring Value Proposition (Environmental Factor 7)

    21:45 - Process Maturity (Technical Factor 10) and Ongoing Maintenance

    25:00 - Last Mile Problems in Decision Making

    30:33 - Broader Impact & Risk Tolerance

    35:35 - Irv's Recommendations


    Follow the show

    Apple: https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064

    Spotify: https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b


    Connect with guest

    Irv Lustig: https://www.linkedin.com/in/irv-lustig/

    Princeton 20: https://princetonoptimization.com/ai-project-management/


    Connect with hosts

    Prof. Vijay Mehrotra (University of San Francisco): https://www.linkedin.com/in/vijay-mehrotra-ba9498/

    Prof. Michael Watson (Northwestern University): https://www.linkedin.com/in/michael-watson-07600a1


    About the podcast

    The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

    For business inquiries, email at [email protected]


    Keywords

    Princeton 20, AI deployment, optimization, risk management, decision making, data science, consulting, project success, value proposition, process maturity, decision science, project management, technical factors, sales tool, client engagement, cost benefit analysis, value proposition, decision scope, process maturity, machine learning, change management, agile methodology, human-in-the-loop optimization, black box optimization, business problem framing, analytics framework, certified analytics professional, project delivery, solution deployment, operational scheduling, strategic consulting, informs analytics.

    40 min
  • The Decision Intelligence Lab Podcast - Trailer

    The Decision Intelligence Lab podcast explores the practical challenges of implementing data science, analytics, and AI projects, shining a light on many diverse links in the information value chain that transform raw data into real business outcomes. 

    Each episode features conversations with leaders from technology firms, consultancies, enterprise data science teams, and academia.


    Hosted by Professor Michael Watson (Northwestern University) and Professor Vijay Mehrotra (University of San Francisco) — both seasoned entrepreneurs, consultants, and researchers — this podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data for smarter decision-making.


    Subscribe and follow to join us as we uncover how decision intelligence is reshaping the future of business and technology. You can connect with us at  [email protected]

    2 min

About The Decision Intelligence Lab

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The Decision Intelligence Lab explores practical challenges of applying data science, analytics, and AI to drive real-world business outcomes.