360 Degree Analytics means monitoring model performance in order to improve it. Common difficulties encountered include:
Here are the proposed solutions:
Risk is exposure to uncertainty. Exposure means what one has to lose (or fail to gain). Uncertainty means the extent to which one is unsure of a given outcome. Risk involves both exposure and uncertainty. Project Risk Management means going through the following steps:
A "Service Lifecycle" perspective views a company's business activities as progressing through an interrelated series of lifecycle events rather than a series of discrete, unrelated processes. These events may include the following:
The overall recruiting process involves a series of interrelated sub-processes, each with its own input, output, controls and mechanisms. A simplified example of a process for recruiting a qualified candidate comprises the following processes:
This diagram provides a hybrid of a sitemap and a wireframe for the website of a hypothetical services company. A sitemap provides a hierarchical overview of a website, revealing its skeletal structure. Similarly, a wireframe shows the bare bones of an individual page's layout, including such content as text, images, and user interfaces such as menu items, etc.
Complex systems may be illustrated with elegance to facilitate understanding. This circuit diagram for a Santana 22 sloop graphically represents a system including both Direct Curent (DC) for powering electrical devices using a battery while under sail, and also Alternating Current (AC) for recharging the battery while at the dock. The use of an isolation trasnformer allows the AC and DC systems to interact without the risk of electrolysis, which could eat away metal through-hulls and possibly sink the boat in the harbor. All the AC electrons "stay on shore", while all the DC electrons "stay on the boat". In this schematic, the depiction of the component connections does not correspond to their actual physical location on the boat.
DISCLAIMER: THIS ELECTRICAL CIRCUIT DIAGRAM IS PROVIDED AS AN EXAMPLE OF ILLUSTRATING A COMPLEX SYSTEM, NOT AS A SUGGESTION FOR OR GUIDE TO DESIGNING OR INSTALLING AN ELECTRICAL SYSTEM. SEAHORSE ANALYTICS DOES NOT ACCEPT ANY LIABILITY FOR LOSS OR DAMAGE INCURRED IN ITS USE.