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Big Data The Management Revolution

Big-Data-The-Management-Revolution

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0% found this document useful (0 votes)
273 views21 pages

Big Data The Management Revolution

Big-Data-The-Management-Revolution

Uploaded by

nourdr0
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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​HOW TO USE THIS DECK

• Use the following slides to present and discuss the ideas in the article.

• Each slide includes talking points in the notes field.

• Customize the slides as needed. You may want to insert them into your own
presentation, add your organization’s branding, revise the slide text or the
talking points, or insert new slides.

• The complete deck takes approximately 15 minutes to present.

1
​Big Data:
​The Management
Revolution
​Based on the article by Andrew McAfee and Erik Brynjolfsson
Harvard Business Review, October 2012

YOUR LOGO HERE

© 2015 Harvard Business School Publishing. All rights reserved. Copying or posting is an infringement of copyright. Please contact [email protected] or 800-988-0886 for additional copies.
Big Data Solves a Big Problem

“You can’t manage what


you don’t measure.”

3
The Amazon Story

​Big Data

​Industry
Transformatio
n

4
The Opportunity for
Competitive Advantage

​Data-driven decisions
increase productivity
and profitability.

5
What’s Different About
Big Data?

volume velocity variety

6
​What’s Different About Big Data?
Volume

​Massive data sets

7
​What’s Different About Big Data?
Velocity

​Information in real time

8
What’s Different About Big Data?

Velocity

​GPS Data

​Early Sales
Estimates

9
​What’s Different About Big Data?
Variety

​Unstructured and
unwieldy data

10
What’s Different About Big Data?
How Passur Improves
Airline ETAs

​CHALLENGE
Minutes matter.

11
What’s Different About Big Data?
How Passur Improves
Airline ETAs

​RESULTS
Improved accuracy
saves airports millions.

12
5 Big Data Challenges
Leadership
Talent Management
Technology
Decision Making
Company Culture

13
5 Big Data Challenges

1 Leadership
Set clear goals and decide
what success looks like.

14
5 Big Data Challenges

2 Talent Management
You need data scientists
and domain experts.

15
5 Big Data Challenges

2 Talent Management
You need data scientists
and domain experts.

16
5 Big Data Challenges

3 Technology
Develop new skills in IT.

17
5 Big Data Challenges

4 Decision Making
Base decisions on evidence.

18
5 Big Data Challenges

5 Company Culture
Don’t ask “what do we think?”
Ask “what do we know?”

19
The Payoff
​Smarter predictions, decisions,
and interventions

20
​HBR Magazine and Web Articles
​Data Scientist: The Sexiest Job of the 21st Century
​Thomas H. Davenport and D.J. Patil
​Making Advanced Analytics Work for You
​Dominic Barton and David Court
​Why IT Fumbles Analytics
​Donald A. Marchand and Joe Peppard
​How Smart, Connected Products Are Transforming C
ompetition
​Michael E. Porter and James E. Heppelmann
​Why Your Analytics Are Failing You

Learn More
​Michael Schrage
​Can Your C-Suite Handle Big Data?
​Brad Brown, David Court, and Paul Willmott

​HBR Press Books


​Keeping Up with the Quants: Your Guide to Understa
nding and Using Analytics
​Thomas H. Davenport and Jinho Kim
​Big Data at Work: Dispelling the Myths, Uncovering t
he Opportunities
​Thomas H. Davenport

21

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