Organization Design Challenges Resulting From Big Data

Question 1

What is new about big data today?

Answer 1

1. More- and different kinds of data

2. Data accessible in real-time

Question 2

What must an organisation do to enable real-time decisions?

Answer 2

Embed Data analyst and analytics experts into decision processes.

Question 3

What are competence- enhancing and competence destroying Big Data implementations

Answer 3

Enhancing: Empower employees with Big Data implementations (improve analytics or manager performance)
Destroying: Expert opinions disappear with Big Data decision making, and discarding expert view.

Question 4

What company initiatives are needed to embed new analytics capabilities in the company decision process.

Answer 4

1. Create a strategy and a plan
2. Get a leader to lead the shift to data driven decisions
3. The company must work to integrate and unite the many islands of data and analytics that exist throughout the organization
4. Someone needs to resolve disputes caused by the new capability

Question 5

Term for increasing the speed of decision making

Answer 5

Increasing the “clock speed” of an organization

Question 6

Why should companies invest in Community Management

Answer 6

1. Communities are a valuable source of data for companies

2. Closely watch sentiment among users and be quick to respond

Question 7

Define New Product development with Big Data

Answer 7

1. Build supporting platforms to assist users in getting the value from Big Data
2. Outsource application development to a community of developers in the whole world.
3. Create a complete eco-system of devices and software developers that will work together.