Vincent Ng

21 Flips | 1 Magazine | 12 Likes | 3 Following | @viet191292 | Keep up with Vincent Ng on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Vincent Ng”

How Data Visualization Answered One of Retail’s Most Vexing Questions

Sometimes it’s relatively easy to know what your customers are doing. In e-commerce, advances in tracking and analytics have made it possible for retailers to understand what individual customers are doing <i>before</i> they make a purchase, and to gather and analyze hundreds and thousands of data points …

11 Financial Books Every Young Person Should Read

Those of you who are seeking investing enlightenment are not going to find much of it on the web.<p>I suggest you log off, power down your computer, and read some books. Take your time. The months you spend perusing this list will be well spent.<p>I'd recommend reading at least the first four books …

Mutual Funds

Visualizing Zero: How to Show Something with Nothing

In its most revealing form, data visualization makes the “invisible” visible. It enables people to move beyond just <i>looking</i> at data towards actually <i>seeing</i> the shapes and magnitudes of its physical properties to inform and enlighten.<p>Discernibility is a prominent guiding decision: making the size of …

How We Built a New Company Culture

Too often, any thought of changing a culture, never mind rebuilding it, seems like a Sisyphean task; the weight of the status quo ultimately rolls back and crushes such efforts.<p>I learned this while leading a turnaround of NPS Pharmaceuticals, a biotechnology company that now specializes in creating …

10 Kinds of Stories to Tell with Data

For almost a decade I have heard that good quantitative analysts can “tell a story with data.” Narrative is—along with visual analytics—an important way to communicate analytical results to non-analytical people. Very few people would question the value of such stories, but just knowing that they …

Win More Sales with an Indirect Strategy

For the past two decades, business-to-business selling has been conducted in basically the same way. Salespeople directly approach customers armed with facts, features, and the benefits of their products to convince customers to buy. However, customer decision making has changed and today’s buyers …

Your Scarcest Resource

Artwork: Mark Dorf, //_path/untitled 21, archival pigment print<p>Most companies have elaborate procedures for managing capital. They require a compelling business case for any new investment. They set hurdle rates. They delegate authority carefully, prescribing spending limits for each level.<p>An …

Generating Data on What Customers Really Want

At a fundamental level, the decisions managers make about revenue and profits fall into two categories—those related to growth and those related to cost reduction. Both types are meant to increase margins. But how data are used in each decision-making process is completely different.<p>Cost reduction …

5 Dirty Secrets About the U.S. Economy

If there’s one thing I hate these days, it’s discussing the U.S. economy.<p>Will raising wages by seventeen cents destroy humanity? Will edible deodorant add 0.000007 percent to GDP? If we resurrected giant man-eating dinosaurs, could we use them to keep our warehouse pickers in line? Isn’t it awesome …

Global economic inequality falls sharply, says World Bank | Financial Times

People in the world’s poorest countries are still spending only about 1 per cent of their American counterparts, but global economic inequality has …

Verticalized Big Data Solutions

As much as I love talking about general-purpose big data platforms and data science frameworks, I’m the first to admit that many of the interesting startups I talk to are focused on specific verticals. At their core big data applications merge large amounts of real-time and static data to improve …

Command Center Stage: 10 Tips for Powerful Presentations

Ideas are the currency of the 21st century. But generating great ideas is one thing – the ability to persuasively share and sell those ideas is quite another. In an age of constant distractions and shrinking attention spans, giving a truly powerful presentation is an art few truly master. Yet it’s …

Data Goes Best With a Good Story (and Vice Versa)

Storytelling with data is having its moment in the journalism world. After leaving <i>The New York Times</i> last year, Nate Silver has launched his new data journalism venture with ESPN , former <i>Washington Post</i> blogger and columnist Ezra Klein is expanding his chart-filled approach beyond public policy at …

Blue Ocean Leadership

Artwork: Mark Dorf, //_path/untitled 13, 2013, archival pigment print<p>It’s a sad truth about the workplace: Just 30% of employees are actively committed to doing a good job. According to Gallup’s 2013 State of the American Workplace report, 50% of employees merely put their time in, while the …

Data Doesn’t Speak for Itself

I trained as a statistician and first joined Bell Labs in the network performance group. A year or two after I started, it was time for my first big presentation at AT&T Headquarters. I completed my prep well in advance and rehearsed carefully. Then I was off to the big meeting.<p>It could not have …

What Violence and War Do to Global Output

Creating violence of various kinds and then attempting to contain and quell it cost the world <b>$9.46 trillion</b> in 2012, according to research by the Institute for Economics and Peace. That’s <b>11%</b> of gross world product. By contrast, the recent financial crisis cost just <b>0.5%</b> of 2009 global output, Talia …

IBM and marketing tech: How Big Blue plans to tackle Adobe, Salesforce, Oracle, and Sitecore

Earlier this month news broke that IBM had finalized an agreement to buy Atlanta-based marketing automation system Silverpop for about $250 million. In an exclusive interview with IBM’s Kevin Bishop, VP of enterprise marketing management, it became clear that the purchase is part of a plan long in …

Corporate acquisitions of startups usually fail. Here’s why

For decades, large companies have gone shopping in Silicon Valley for startups. Lately, the pressure of continuous disruption has forced them to step up the pace.<p>More often than not, the results of these acquisitions are disappointing.<p>What can companies learn from others’ failed efforts to …

Presentation Tools That Go Beyond “Next Slide Please”

Data visualization luminary and Yale professor Edward Tufte famously suggested that PowerPoint would have been a presentation medium well-suited to a communist dictator. The program’s linear nature, its tendency to discourage interactivity, its inability to easily share the information it contains, …

6 Tips for Reluctant Negotiators

I had been hired to do 1-on-1 speed-coaching sessions at the Summit Series at Powder Mountain, and I was confident I could help one person, in particular, to take his career to the next level. Once back in the office, I pinged him: “I would love to coach you. Any interest in exploring?” He …