As Executive Director of Decision Innovation Solutions, Spencer Parkinson is responsible for business generation, ensuring client satisfaction and managing the overall operations of the business. He also seeks to understand clients’ data challenges, propose potential solutions and works with clients to enhance their decision-making processes. Originally from the southeastern Idaho/northern Utah corridor, Spence relocated to the Des Moines, Iowa area in 2005 when he began working as a Research Analyst for the Iowa Farm Bureau Federation. Areas of research at Farm Bureau included agricultural policy analysis and economic modeling related to several industries important to Iowa agriculture. Spence also instructed QuickBooks classes to farmers while working as a Research Assistant for Utah State University Extension. Spence has extensive hands-on agriculture experience, including 12 years working on a Utah dairy farm. Spence earned a dual BS degree in Accounting and Economics from Utah State University. He also earned an International MBA in Food and Agribusiness from the Royal Agricultural College in Cirencester, England.
Identifying, quantifying and maintaining historical relationships among variables allows DIS to develop projections that provide our clients decision-making tools that help them understand how their risk appetite corresponds to certain levels of quantified risk associated with various defined scenarios.
Greetings! Thankfully, the restrictions that have come with the COVID-19 challenge are beginning to thaw, at least here in Iowa. And…thanks to an exceptional team and great clients the steady drumbeat of projects continues here at DIS.
The COVID-19 pandemic is affecting essentially all areas of our personal and professional lives. “Social distancing”, a term never heard in all my (increasing!) years, may end up being the “phrase of the year” before this challenge is put in the rear view.
As we wrap up 2019, we look ahead to year 2020! We will be wrapping up our American Feed Industry Association Social Media Campaign in January and after that, we will be starting our Missouri Commodity Flow and Infrastructure Social Media Campaign.
2019 has been a very busy, productive year for the DIS team. From long-term additions to the team, an intense, short need from six interns and a bit of churn, we have had a great ¾ of 2019. At any one time, the DIS team could be working on 20-25 different projects – some big, some small, some short-term, some long-term. I often say that getting laid off in 2009, while difficult at the time, has turned out to be a rather enjoyable ride in the ten years since I've been working with the company. I
As a Marketing-Communications Intern at Decision Innovation Solutions, I have had the opportunity to take on many different tasks regarding our social media channels. Most recently, I have started to create a social media campaign for the economic research and contribution DIS did for the American Feed Industry Association (AFIA) and the Institute for Feed Education & Research (IFEEDER).
With the upcoming close of a successful 2018, we recognize that we are undoubtedly blessed as we prepare to look back at the many great things that happened here at Decision Innovation Solutions this past year.
What began as a single project for a national commodity organization has now officially blossomed into four repeats of that project along with many others which have spun off that original project in 2014.
A key tool we've found useful in helping our clients get the biggest “bang” for their outreach “buck” has been the calculation of a “propensity to vote” (PV) score.
What can happen in ten years? Well, from personal experience, a family can move to Iowa from a place that has things called mountains with one child and have five by the time the decade's up. They could visit the Iowa State Fair ten, faithful times and come to respect the power of thunderstorms and the amount of water that can come from the sky. They could also learn that fireflies are indeed real and that agriculture is awesome everywhere.
We recently put together a brief article on the actuarial performance of corn and soybean crop insurance premiums in Iowa from 2001-2015. This article was patterned after work done by Carl Zulauf and Gary Schnitkey from Farmdoc Daily in Illinois.
Carl Zulauf and Gary Schnitkey recently published a brief research paper in Farmdoc Daily (FDD) in which they studied the loss ratio of all major insured crops and then individually for each of the four crops. These crops included corn, soybeans, cotton and wheat. Given the national variability in weather, crop insurance purchase patterns (plan, coverage level, etc.) the application of the analysis to Iowa makes sense. This analysis follows.
Our reason for going to the conference was to report on the contribution of agriculture and forestry to the State of Missouri and each of its counties and federal congressional districts. The presentation I was able to give to the attendees was the culmination of about three months of pleasurable work in which we used many analytical tools...
Data collection in agriculture has long been a mindset that allows for continuous improvement. With so much data being created on a continuous basis, the thoughts of analyzing that data can be daunting. Thankfully, though, the sophistication of data analytics has kept pace with the rate of increasing data creation and management. Enormous strides in computing and software capacities have taken place at an increasing rate that make it much simpler to take vast amounts of dairy data...
In an earlier post, I provided readers some background on who I am, where I grew up, and how a Mountain West farm kid made his way to the Midwest. As I wrote previously, I had the pleasure of working with the Gittins family on their diversified dairy farm in Smithfield, UT during my middle school, high school, and college years. The experiences I had there have in many respects guided my direction since.
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