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Published byColleen Allison Modified over 6 years ago
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Big Data Analytics and Innovation: Towards organizational disruption?
Yves Barlette – Montpellier Business School
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Introduction Turbulent environment, increasing competition
Big Data: a data flood BDA: Enhancing sensing capabilities Keeping the pace: Responding & Innovating “How and to what extent companies have to transform themselves to leverage the potential of BDA and keep this pace?”
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I. BDA for value-creation and Innovation
I.1. Big Data and Value Big Data: 5 “Vs” Extracting value from Big data Analytic tools: BDA (predictive – prescriptive) Data analysts vs. Managers Accessibility: Dataviz Ex: LED bulbs, movies, micro-data Digital options
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I.2. BDA and Innovation BDA Cause of turbulence BDA Ambidexterity:
Exploration: dynamic capabilities Sensing + ACAP Exploitation: operational capabilities Experimentation, Improvisation, Fast-failure: Innovation How to exploit these new capabilities?
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II. Towards organizational adaptation
II.1. Changes in relationships Internal Culture change: Failing is not a shame Collaboration / Shadow IT Between departments, IT – Business New jobs: CDO External Blurring boundaries Collaborative networks New ecosystems
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II.2. A new base for organizational speed
Closer to real-time New challenge: fit with the new pace? EVENT AVA I LAB L TY Data Available Info Available Decision Aided Actual Decision Actions Propose Predict Prescribe Capture Analyze Decide Plan Create Develop Implement SENSING RESPONDING Reaction Time Exponential decrease of potential value creation Exponential increase of probability that rivals react before
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Increase the organizational speed
Decision making: closer to real-time ex: Dynamic digital unit New forms of governance: Lighter, Distributed & Centralized From IT governance to Information governance New physical environments Example of hyper speed/agility
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Conclusion BDA Speed & Innovation opportunities
Culture change to favor ‘extreme’ innovation practices Changes in culture, internal & external relationships Increase of organizational speed to follow the accelerated pace of data generation and analytics Hi-speed governance
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