Why IT Fumbles Analytics
Many orgaisations struggling to achieve a return on IT tools
Research conducted across 50 international organisations in a variety of industries
Executives and managers are unhappy as once the system goes live people stop paying attention to figuring out how to make better and more informed decisions
Treating Big Data & Analytics projects the same as traditional IT projects
Place People at the Heart of the Initiative
Greater amount of information results in better decision making? FALSE
Must place users at the heart.
Challenge how data is and is not used
E.g. ChemCo & Organisational Culture
Kotter's 8 Steps for Change
Emphasize information use as the way to unlock value from IT
CHALLENGING AND IMPROVING
HOW INFORMATION IS USED
DATA YOU HAVE
AND DON'T HAVE
Seeking Creative Candidates: Hiring for the Future
Students lack the skills necessary for success.
Creative skills are preferred over conventional skills by more
than 5 to 1
Education institutions need to prepare students for the jobs of tomorrow.
Equip teams with behavioral and
A Diverse Team Helps Realise The Dream
Understand how the team perceives a problem, uses information and analyses the data to solve a problem
Universities are beginning to tailor their data science offerings
Capitalize during the Analytics 3.0 Era
Focus On Learning
Big Data & Analytics Projects Should be Treated like Scientific Research
Analytics Projects often start with someone sensing a problem.
Theories are then developed, hypotheses generated, and experiments conducted.
The cycle can be repeated many times until an appropriate conclusion is reached.
How To Make Learning a Central Focus
Promote and facilitate a culture of information sharing
Expose your assumptions, biases, and blind-spots.
Strive to demonstrate cause and effect
Identify the appropriate techniques and tools
Hansen et al. What's Your Strategy for Managing Knowledge? 1999
Relying on Intelligent Experimentation
"Many of the analytics project managers we spoke to consider experimentation fundamental to the learning process."
Viaene & Van den Bunder, 2011, "The Secrets to Managing Business Analytics"
Worry More About Solving Business Problems than About Deploying Technology
Conventional IT project management is risk-averse
Analytics projects should focus solely on successful business outcomes.
Traditional IT projects concentrate solely on successfully launching new technology.
Big Data & Analytics projects should take the time to experiment.
Thanks for Listening. Questions ?