turning data into information

When Life Gives You Data, Make Information

For starters, yes the title is a terrible play on “when life gives you lemons, make lemonade”. Bad jokes aside, I hear too frequently how organizations need more and more data. I’m a data guy – I’m all about data. But there is a subtle difference between having more data and more information. Below is […]

bank and credit union innovation

Can Banks and Credit Unions Become Tech Companies?

I’ve thought more and more about this question in the past few months: can traditional financial institutions (retail banks and credit unions, specifically) become (or, at minimum, act like) technology companies? Critique to this article might very well be, “who cares whether traditional FIs can be classified as technology companies.” Admittedly, the debate is predicated […]

training Millennials

Five Techniques for Training Millennials

In a recent post, we talked about employee retention and meeting employee needs more effectively. While it’s great to to be able to identify weaknesses and make changes along the way, sometimes starting strong with training can make an even larger impact when it comes to employee retention. In a prior post, we noted that […]

broadly distributed data and analytics

Centrally Driven, Broadly Distributed – Part 2

In our previous post, we introduced you to the data and analytics management methodology, “centrally driven, broadly distributed”. Having discussed the reasons why a “centrally driven” approach to data and analytics is optimal, this post will dive into the second half of the quote, “broadly distributed”. “Broadly Distributed” Analytics Takes Down Silos In many organizations […]

centrally driven

Centrally Driven, Broadly Distributed – Part 1

In Thomas Davenport’s “Competing on Analytics: The New Science of Winning”, one of the first chapters of the book defines the common attributes of analytically-driven organizations. Davenport discusses that one of the critical aspects to success in analytics revolves around taking an enterprise-level approach to managing data and analytics. He then quotes Harrah’s Entertainment’s management […]

Don’t Get Lost in the Data

It’s often easy to get lost in the bells and whistles that most data and analytics tools offer. Fancy visualizations, interactive dashboards, and modern user interfaces make these tools difficult to say no to. But what tends to get lost in all the technology is a simple question: what business questions is my data going […]

The Knowlton Group Advantage

There are plenty of data and analytics consultants in the market. The choice of a data and analytics consultant can be critical to the success of your project, so how you can be sure you have chosen the best team to partner with? At The Knowlton Group, we specialize in working with financial institutions. We […]

reporting, BI, business intelligence, SQL reporting, excel reporting

Reporting – First Step for Business Intelligence

The terms business intelligence, data and analytics, and big data strike a combination of excitement and fear into business leaders’ minds. My goal for this post is to alleviate some of the fears associated with business intelligence and analytics (big data is a whole different world). Community banks and credit unions, regardless of size, can […]

What I Learned Starting The Knowlton Group

Yesterday, LinkedIn reminded me that The Knowlton Group has been around for three years! It certainly doesn’t feel like three years have passed since filing all the documentation and getting the company officially registered. Reflecting on this, the only thing more surprising than how fast time has flown is how much has changed in that […]