big data: a decision maker’s friend, phantom, or foe?

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www.johngirard.net [email protected] 1 John P. Girard, Ph.D. Technology, Leadership and Culture

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John Girard's IACIS 2014 keynote: Big Data: A Decision Maker’s Friend, Phantom, or Foe? In the past three years there has been a 10-fold increase in Google searches for the term “Big Data.” Clearly there is considerable interest in the term; however, is Big Data helping executives make better decisions? Does Big Data empower, liberate, or overwhelm decision makers?

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Page 1: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  1  

John  P.  Girard,  Ph.D.  

Technology,  Leadership  and  Culture  

Page 2: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  2  

IACIS  Conference  2007  

Inukshuk:  Knowledge  Management  Model  

Ena

bler

s

Leadership

Tech

nolo

gy

Culture

Internalization

Socialization Externalization

Combination Pro

cess

Tacit Knowledge Explicit Knowledge

Measurement

Inukshuk:  “likeness of a person”

(essential component of KM)  Guide leaders  Every Inukshuk is different  Artifacts matter!

Page 3: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  3  

Defending  Knowledge  Management  

Big  Data  =  KM  by  another  name?  

Page 4: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  4  

Seek  wisdom  not  knowledge  …  

Helping  leaders  make  be�er  decisions?  

Lessons  learned  from  an  aging  KM  evangelist.    

Page 5: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  5  

Is  Big  Data  New?  

www.google.com/trends/  

Teradata, 1991

www.�nyurl.com/GirardBD  

Prairie  Business  Magazine,  7(1)  -­‐  2008      

Is  data  mining  synonymous  with  

Big  Data?  

No.    Big  data  is  the  data  set  (or  asset).    

Data  mining  is  the  process  (or  handler).  

Page 6: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  6  

The  History  of  Big  Data  

Informa�on  Overload  

Informa�on  overload  occurs  when  the  amount  of  input  to  a  system  exceeds  its  processing  capacity.  (Speier  et  al,  1999)  

Informa�on  Overload  

Informa�on  overload  is  that  state  in  which  available,  and  poten�ally  useful,  informa�on  is  a  hindrance  rather  than  a  help.  (Bawden,  2001)    

Personal  Informa�on  Overload  

A  percep�on  on  the  part  of  the  individual  (or  observers  of  that  person)  that  the  flow  of  informa�on  associated  with  work  tasks  is  greater  than  can  be  managed  effec�vely.  (Wilson,  2001)  

Organiza�onal  Informa�on  Overload    

A  situa�on  in  which  the  extent  of  perceived  informa�on  overload  is  sufficiently  widespread  within  an  organiza�on  as  to  reduce  the  overall  effec�veness  of  management  opera�ons.(Wilson,  2001)  

Overload  is  not  new!  

The  Roman  Philosopher  Seneca  worried  about  informa�on  overload  nearly  2,000  years  before  it  was  cool.  “What  is  the  point  of  having  countless  books  and  libraries  whose  �tles  the  owner  could  scarcely  read  through  in  a  whole  life�me?”  he  wondered.  

Michael  Grunwald  @MikeGrunwald    Aug.  28,  2014  

Page 7: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  7  

The  History  of  Big  Data  

2/3  of  managers  complained  of  Informa�on  overload    (KPMG,  2000)    

38%  of  the  surveyed  managers  waste  a  substan�al  amount  of  �me  loca�ng  informa�on  (Wilson,  2001)      

Managers  “dwell  on  informa�on  that  is  entertaining  but  not  informa�ve,  or  easily  available  but  not  of  high  quality”  (Linden,  2001)    

43%  of  the  managers  delayed  decisions  because  of  too  much  informa�on.  (Wilson,  2001)    

The  total  accumulated  codified  database  of  the  world,  which  includes  all  books  and  all  electronic  files,  doubles  every  seven  years  and  some  predict  this  will  double  twice  a  day  by  2010  (Bon�s,  2000).    

What  we  knew  a  decade  ago:  

The  History  of  Big  Data  

Page 8: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  8  

What  is  knowledge?  

 knowledge is "defined broadly to include information, data, communication and culture”

(p. 293)

Communication

Data

Information

Culture

Knowledge:

Concepts, experience, and insight that provide a framework for creating, evaluating and using information (p. 373).

Defining  Knowledge  Management  

h�p://www.johngirard.net/km  

Page 9: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  9  

KM  1.0  

Knowledge

Information

Data

Data to Information

 Context  Categorize  Calculate  Correct  Condense

Information to Knowledge

 Compare  Consequences  Connects  Conversation

Types  of  Knowledge:  Did  we  get  the  balance  right?  

Michael Polanyi

Easier to replicate

Leads to competency

Harder to articulate

Harder to transfer

Harder to steal Higher competitive

advantage

Contributes to efficiency

Easier to document and share

20%

80%

Explicit

Tacit Carla O’Dell

O’Dell, C. (2002, May). Knowledge Management New Generation. Presented at the APQC’s 7th Knowledge Conference, Washington, DC.

Page 10: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  10  

KM  2.0  

Ikujiro Nonaka

Socializ

ation Externalization

Interna

lization C

ombination

TACIT

EXPLIC

IT

EXPLICIT

TACIT

Inukshuk:  Knowledge  Management  Model  

Foun

datio

n

Leadership

Tech

nolo

gy

Culture

Internalization

Socialization Externalization

Combination Pro

cess

Tacit Knowledge Explicit Knowledge

Measurement

Socializ

ation Externalization

Interna

lization C

ombination

TACIT

EXPLIC

IT

EXPLICIT

TACIT

Page 11: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  11  

What  do  decision-­‐makers  want?  

http://www.youtube.com/watch?v=lH39xjXaLW8  

TLC:  Corporate  Culture  is  Key  

www.strategy-­‐business.com/article/11404  

Page 12: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  12  

Impact  of  Culture  

Tribal  Leadership  

h�p://www.triballeadership.net/what-­‐is-­‐tribal-­‐leadership/diagnosing-­‐culture  

Page 13: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  13  

TLC:  Leadership  

Including Ray Downey, Special Operations Command lost 95 men that day – totaling 1,600 years of experience. (emphasis added)

Open  Leadership  

Respect  that  your  customers  and  employees  have  

power.  

Share  constantly  to  build  trust.  

Nurture  curiosity  and  humility.  

Hold  openness  accountable.   Forgive  failure.  

http://www.charleneli.com/resources/new-­‐rules/  

Page 14: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  14  

Openness  Audit  

   

http://www.slideshare.net/charleneli/openness-­‐audit  

What  did  the  leaders  need?  

“. . . there are known knowns; there are things we know that we know. There are known unknowns; that is to say there are things that we now know we don’t know. But there are also unknown unknowns — there are things that we do not know we don't know.”

Page 15: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  15  

Knowns  and  Unknowns  

Unknown Knowns

Unknown Unknowns

Known Knowns

Known Unknowns

Comp  Intell  

HP  

The  Cogni�ve  Hierarchy  

Knowledge

Information

Data

Ackoff’s Apex Wisdom

Understanding

Knowledge

Wisdom:

The collective and individual experiences of applying knowledge to the solution of problems (p. 373).

Page 16: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  16  

The  Cogni�ve  Hierarchy  

10  Years  

Knowledge

Information

Data

Ackoff’s Apex Wisdom

Understanding

Knowledge

Big  Data  –  Some  Defini�ons  

A  term  coined  to  reflect  very  large  and  very  complex  data  sets.  (Sultanow  &  Chircu,  2015)  

Big  data  is  a  term  for  any  collec�on  of  large  and  complex  data  sets  that  it  becomes  difficult  to  process.  (Gordon,  2015)  

Data  set  that  is  beyond  the  capacity  of  rela�onal  database  applica�ons.  (Joseph,  2015)  

Term  for  a  collec�on  of  large  and  complex  data  sets  that  it  becomes  difficult  to  process  with  tradi�onal  tools.  (Klepac  &  Berg,  2015)  

Large   Complex   Dif�icult  

Strategic  Data-­‐based  Wisdom  in  the  Big  Data  Era  

Page 17: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  17  

Complex:  A  Defini�on  

Large   Complex   Dif�icult  

“a  group  of  obviously  related  units  of  which  the  degree  and  nature  of  the  rela�onship  is  imperfectly  known”  

Knowledge  Applica�on  =  KM  3.0  

Knowledge

Information

Data

Wisdom

Understanding

Knowledge

Know

ledge

Cre

ation

“With 3,600 stores in the United States and roughly 100 million customers walking through the doors each week, Wal-Mart has access to information about a broad slice of America . . . The data are gathered item by item at the checkout aisle, then recorded, mapped and updated by store, by state, by region . . . By its own account Wal-Mart has 460 terabytes of data.”

14 November 2004

Hurricane

Page 18: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  18  

An  Example  

Big  Data  

What  do  we  know  about  Big  Data?  

Page 19: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  19  

Big  Data  is  Global  

www.google.com/trends/  

Big  Data  is  NOT  just  technology  

www.google.com/trends/  

Page 20: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  20  

Focus  on  the  desired  end  state  …  

The  right  technology  

Branson’s  secret  weapon  is  carrying  an  old-­‐fashioned  notebook  with  him  everywhere  he  goes.  

Page 21: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  21  

h�p://melmeric.files.wordpress.com/2012/03/big-­‐data-­‐and-­‐the-­‐web.pdf  

Size  (and  growth)  Ma�ers  

h�p://www.domo.com/learn/data-­‐never-­‐sleeps-­‐2  

2011   2013  

Page 22: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  22  

It  is  NOT  just  about  size  

http://www.domo.com/  

Size  is  not  measured  in  terabytes  but  rather  business  

processes  

The  Size  of  Big  Data  

http://www.youtube.com/watch?v=B27SpLOOhWw  

Page 23: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  23  

CEO:  How  much  data  do  we  need?  

http://www.computerworlduk.com/news/infrastructure/3433595/boeing-­‐787s-­‐create-­‐half-­‐terabyte-­‐of-­‐data-­‐per-­‐�light-­‐says-­‐virgin-­‐atlantic/  

Decide  later  …  

Page 24: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

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Is  Big  Data  owned  by  the  CIO?  

The  CIO’s  task  is  to  help  the  CEO/COO  see  …  

Page 25: Big Data: A Decision Maker’s Friend, Phantom, or Foe?

www.johngirard.net                                                                                    [email protected]  25  

What  do  you  think?  

KKMM 33..00

Slides  available  at:  www.johngirard.net/xxxx