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The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

The article noted that regulators, policy makers and academics in Europe and the US are increasingly concerned that the vast data assets of digital giants could become a competitive barrier to startups and innovation. Business analytics predates the big data era. Beyond business analytics, new data science methods could now be used to extract actionable knowledge from all that data, that is, knowledge to help make better decisions and predictions.

Innovation in an Age of Austerity

Irving Wladawsky-Berger

On December 7 I participated in an Innovation Summit sponsored by the UK Innovation Research Centre (UK-IRC) at the University of Cambridge. The UK-IRC is “a collaborative initiative for cutting-edge research and knowledge exchange activities on how innovation can make businesses more competitive, improve public services delivery and help the UK meet the social, environmental and economic challenges it faces.”

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Reconnecting Society and Reopening the Economy

Irving Wladawsky-Berger

A few months ago, MIT Connection Science held it’s annual Sponsors’ Meeting online. The virtual meeting included a number of very interesting presentations. Their recent paper and accompanying supplementary material explains their models and analytical methods in great detail.

Meetings and Bosshole Behavior: A Classic Case - Bob Sutton

Bob Sutton

The ergonomics of innovation -- The McKinsey Quarterly. interview Pixar Brad Bird - Innovation lessons from Pixar Director Brad Bird - Strategy - Innovation - The McKinsey Quarterly. IBM Reshapes Its Sales Meetings - BusinessWeek. BusinessWeek: How to Make Meetings Matter. Customer-Focused Innovation. David A Owens: Creative People Must Be Stopped: 6 Ways We Kill Innovation (Without Even Trying). Told boss and left meeting. Bob Sutton.

Why Innovation is Critical to Help Governments Adjust to the Realities of the 21st Century?

Irving Wladawsky-Berger

Aligning government with 21st century economic realities will require innovations at least as disruptive and profound as those embraced by the private sector. By harnessing major technological shifts and adopting best business practices, we can not only make our government far more productive, but also foster greater innovation in areas ranging from healthcare to education and energy – innovation that will generate economic growth and job creation.”. “We

Ethical Codes and Learning Analytics

Stephen Downes: Half an Hour

Abstract The growth and development of learning analytics has placed a range of new capacities into the hands of educational institutions. The ethics of learning analytics will therefore need to be developed on criteria specific to education. Individuals and firms must develop a ‘culture of integrity’ that permeates all levels of operations.” Which ethical issues from the literature of learning analytics issues do they address? ·

The Emergence of Industry 4.0

Irving Wladawsky-Berger

The WEF has taken the broad-scope view , having chosen The Fourth Industrial Revolution as the central theme of its January, 2016 annual meeting in Davos, Switzerland. “We are at the beginning of a revolution that is fundamentally changing the way we live, work, and relate to one another,” wrote Dr. Schwab in his 2017 book. Focus on people and culture to drive transformation. Data analytics and digital trust are the foundations. “Data fuels Industry 4.0

Human-AI Decision Systems

Irving Wladawsky-Berger

Nor have they integrated the large amounts of data, analytical tools and powerful AI systems now at our disposal into their decision making systems. . Sports analytics are now used by just about every professional sports team in the world. These cross-team ties help to break down silos and increase an organization's productivity and ability to innovate.”.

System 133

Irving Wladawsky-Berger: Reflections on Leadership and Innovation

Irving Wladawsky-Berger

Irving Wladawsky-Berger A collection of observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects. In this course, I want to examine how to leverage disruptive innovations to significantly transform a business or even a whole industry.

The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

These systems were optimized for simplicity and flexibility, and their graphical user interfaces led to many innovative applications, including the new web-based applications in the 1990s. Even as revenues fail to meet expectations, costs are prohibitively high. Most IoT business models also hinge on the use of analytics to sell user data or targeted advertising.

Data 214

Imagination, Creativity and Related Subjects

Irving Wladawsky-Berger

We’ve been friends for over 20 years, and currently both serve on the Advisory Board of USC’s Annenberg Innovation Lab. . This was the subject of the 2011 book co-authored by JSB: A New Culture of Learning: Cultivating the Imagination for a World of Constant Change. As noted in this interview with JSB, tacit knowledge and tacit learning are important concepts in this new culture of learning. . It is innovation’s missing dimension. .

The Emergence of Industry 4.0

Irving Wladawsky-Berger

The WEF has taken the broad-scope view , having chosen The Fourth Industrial Revolution as the central theme of its January, 2016 annual meeting in Davos, Switzerland. “We are at the beginning of a revolution that is fundamentally changing the way we live, work, and relate to one another,” wrote Dr. Schwab in his 2017 book. Focus on people and culture to drive transformation. Data analytics and digital trust are the foundations. “Data fuels Industry 4.0

The Rise of the T-Shaped Organization

Irving Wladawsky-Berger

A growing number of articles have been extolling the value of T-shaped professionals , that is, individuals who combine deep cognitive, analytical, and/or technical skills in a specific discipline, with broad multidisciplinary, social skills. Five such attributes were identified in the study: adaptability, cultural competence, 360-degree thinking, intellectual curiosity, and empathy. Collaboration , - both within their own boundaries and beyond, - is indispensable for innovation.

The Fourth Industrial Revolution

Irving Wladawsky-Berger

The accelerating velocity, expanded scope and systemic impact of the Fourth Industrial Revolution will lead to constant surprises and serious disruptions, including: Customer expectations - No transformation is more challenging than meeting the service expectations of digitally empowered customers. These innovative offerings are restructuring industry boundaries and leading to the creation of whole new industries.

The Continuing, Transformative Impact of IT

Irving Wladawsky-Berger

Disruptive innovations take time to play out. The social matrix, the Internet of all things, big data and advanced analytics, and realizing anything as a services are the report’s top four trends. SMAC - Social, Mobile, Analytics & Cloud, - has become the new plastics , capturing the future of IT in one word, or rather, one acronym. Its potential for driving business innovation remains untapped.

Data 208

Human-AI Decision Systems

Irving Wladawsky-Berger

Nor have they integrated the large amounts of data, analytical tools and powerful AI systems now at our disposal into their decision making systems. . Sports analytics are now used by just about every professional sports team in the world. These cross-team ties help to break down silos and increase an organization's productivity and ability to innovate.”.

System 100

The Datafication of Business and Society

Irving Wladawsky-Berger

Physicists, astronomers, biologists, geophysicists and other scientists and engineers were developing methodologies and architectures for dealing with very large volumes of unstructured data, as well as analytical techniques, like data mining , for discovering patterns and extracting insights from all that data. . Complex Systems Data Science and Big Data Digital Money and Payments Economic Issues Innovation Management and Leadership Society and Culture Technology and Strategy

Data 200

Reflections on Storytelling

Irving Wladawsky-Berger

Oral narratives were used by many ancient cultures as a way of passing along their traditions, beliefs and learning from generation to generation. While contemporary storytelling is mostly associated with entertainment, education and culture, it also plays a major role in business. It’s a good way of explaining what the new innovation is all about in as simple a way as possible. The dot-com era was famous for its many innovations, but also for its hype.

System 215

Hope for HP's Culture - Bob Sutton

Bob Sutton

The ergonomics of innovation -- The McKinsey Quarterly. interview Pixar Brad Bird - Innovation lessons from Pixar Director Brad Bird - Strategy - Innovation - The McKinsey Quarterly. IBM Reshapes Its Sales Meetings - BusinessWeek. BusinessWeek: How to Make Meetings Matter. Customer-Focused Innovation. David A Owens: Creative People Must Be Stopped: 6 Ways We Kill Innovation (Without Even Trying). Innovation in a Recession: Forum | KQED|NPR.

The Digitization of the Economy

Irving Wladawsky-Berger

It has often been said that powerful disruptive innovations like the Internet are overhyped in the short term but under-hyped in the long term. In October of 2011 Brynjolfsson and McAfee published Race Against the Machine: How The Digital Revolution Is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy. They wrote about the profound transformations brought about by ever more advanced technologies and innovations.

System 212

The New Era of Smart, Connected Products

Irving Wladawsky-Berger

For the past few years, some have justifiably questioned whether innovation has been going through a period of stagnation , especially when compared to major 19th and 20th century innovations like electricity, cars and airplanes. Others argue that while the nature of innovation is definitely changing as we evolve and adapt to an information-based digital economy, it’s impact is no less transformative.

The Science of Information-based Predictions

Irving Wladawsky-Berger

Many pollsters seem to still be using methodologies that worked well a decade or two ago, but look woefully behind the times in the emerging world of big data and advanced analytics. Is there still a valuable role for the scouts , the professional talent evaluators who personally travel to learn about the players first hand by actually watching them play and meeting them in person.

Embracing Disruptive Change - Why Is it So Difficult?

Irving Wladawsky-Berger

Not for nothing do we refer to the changes accompanying disruptive innovations as creative destruction , the powerful force that rejuvenates the economy in Joseph Schumpeter’s 70 year old theory. Mature companies that once led their industries are too slow to respond to the waves of startups now attacking them with innovative products and services. . If it’s a public company, it has investors, a stock price and financial expectations to meet - quarter after quarter after quarter.

Change 208

The 20th Anniversary of Linux

Irving Wladawsky-Berger

We viewed Linux as a platform for innovation just like we viewed the Internet. I devoted the rest of my presentation to answering that question by discussing four major current IBM initiatives where Linux has played a major role as an enabling technology: Cloud Computing , Smarter Planet and Smarter Cities , Information Analytics , and Supercomputing. A number of other speakers also focused on open innovation and collaboration in their keynotes.

Organizing Big Data Initiatives: Lessons from the Internet

Irving Wladawsky-Berger

my fellow guest columnist Tom Davenport reflected on whether institutions should appoint a dedicated executive to oversee their company-wide big data and analytics initiatives, and if so, which C-level senior executives should such a position report to. About 80 percent of the participating companies said that they were already using big data and analytics to a greater or lesser extent. There is, in many companies, a leadership vacuum for Big Data and analytics.”.

Data 170

The Evolution Toward Digital Supply Chains

Irving Wladawsky-Berger

The meeting was organized by the Center for Global Enterprise (CGE), - the nonprofit research institution founded by former IBM Chairman and CEO Sam Palmisano to study the contemporary corporation, globalization, economic trends, and their impact on society. The CEOs at the meeting in China concluded that their highest research priority was the evolution toward Digital Supply Chains (DSC), and its potential to transform organizations and the conduct of business around the world.

Complexity and Design in Warfare

Irving Wladawsky-Berger

The Forum holds several meetings a year, each centered on a specific topic, mostly related to information technologies and their impact on society. Over the past few meetings the Forum has focused on various topics related to complex systems, - how to best understand and manage them in the present, as well as predict and shape their future directions. In this recent meeting we discussed how to apply the concept of design to address such complex systems and problems.

Growing Up in a Complex World

Irving Wladawsky-Berger

They were confident that information and analysis would help them better deal with the increasingly complex environments in which we live. “When we looked just at those students who had the greatest expectation of accelerating complexity, we found they put much more emphasis on the analytic and predictive capabilities of information. To meet this commitment, they said they needed to understand and respond to diverse cultures and local needs, whether economic, environmental or social.”

Leveraging Commercial Best Practices to Maximize Government Productivity

Irving Wladawsky-Berger

A number of the CEOs involved in this study also met with senior White House and Federal Reserve economic officials to discuss their recommendations , which emphasize both the need to reduce the nation’s growing deficit as well as laying a foundation for future innovation and growth. Again and again, new capabilities have simultaneously reduced costs and sparked innovation.”. To meet these expectations, the public sector must transform itself.”

Why Do We Need Data Science when We’ve Had Statistics for Centuries?

Irving Wladawsky-Berger

I still remember a meeting in 1965 with a very eminent physicist from whom I was taking a graduate course. One of the best papers on the subject is Data Science and Prediction by Vasant Dhar , - professor in NYU’s Stern School of Business and Director of NYU’s Center for Business Analytics , - which was published in the Communications of the ACM in December, 2013.

Irving Wladawsky-Berger: Reflections on Complex Systems

Irving Wladawsky-Berger

Irving Wladawsky-Berger A collection of observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects. Can architectures be analytically and empirically evaluated before and after development, deployment and systems operation?

The Complex Transition to the Age of the Cloud

Irving Wladawsky-Berger

After a full day of talks and discussions, the sense of the meeting was that cloud computing has the promise to bring a real paradigm shift to the IT world, although, as the conference organizer succinctly put it in his closing remarks: “There is a clear consensus that there is no real consensus on what cloud computing is.” It has mostly to do with governance, policies, and regulations, as well as with cultural and organizational issues.

The Evolution Toward Digital Supply Chains

Irving Wladawsky-Berger

The meeting was organized by the Center for Global Enterprise (CGE), - the nonprofit research institution founded by former IBM Chairman and CEO Sam Palmisano to study the contemporary corporation, globalization, economic trends, and their impact on society. The CEOs at the meeting in China concluded that their highest research priority was the evolution toward Digital Supply Chains (DSC), and its potential to transform organizations and the conduct of business around the world.

Indira Gandhi on Doing Work Versus Taking Credit For It - Bob Sutton

Bob Sutton

The ergonomics of innovation -- The McKinsey Quarterly. interview Pixar Brad Bird - Innovation lessons from Pixar Director Brad Bird - Strategy - Innovation - The McKinsey Quarterly. IBM Reshapes Its Sales Meetings - BusinessWeek. BusinessWeek: How to Make Meetings Matter. Customer-Focused Innovation. David A Owens: Creative People Must Be Stopped: 6 Ways We Kill Innovation (Without Even Trying). Innovation in a Recession: Forum | KQED|NPR.

Leadership and Rational Thinking

Irving Wladawsky-Berger

In this blog written for the THINK Forum, Ito observes that the explosion of ideas and low cost of collaboration all around us, is prompting a great deal of innovation, “but also a complexity, speed and capacity for amplification that makes the world a difficult and dangerous place for many organizations and human-made systems designed for a slower and simpler era.” “The Don't get me wrong: Competition is essential as a spur to innovation. even people they will never meet in person.”

System 177

Learning and Development Webinars

Xyleme

Building the Plane While Flying It: A Case Study on Rapid Learning Strategy Innovation at Spectrum. A catalyst for rapid learning strategy innovation at Charter Spectrum. ACC needs an educational strategy that is user-friendly, dynamic, and innovative, allowing members to easily identify their individual knowledge gaps and find educational offerings to close those gaps. 5 Reasons You’re Not Meeting the Needs of the Modern Learner.

Teaching in the Digital Age: Guidelines for Designing Teaching and Learning

Stephen Downes: Half an Hour

Or (suggested from audience) MOOCs, hospital, sports… Think of a learning environment from a teacher’s perspective: we have learner characteristics, assessment, resources, learner support, skills, content… And permeating all of these is culture. For example, consider the residential schools - it was the culture, the values and belief systems that underpin the institution - that made everything else wrong. Tony: I interviewed various people doing ‘pockets of innovation’ - eg.

#e2conf 2011 Highlights – 10 Reasons Why I Enjoyed the Event

Luis Suarez

From a technology and social tools perspective to a pure social one, one where culture and other business related issues were almost omnipresent. Not only from the perspective of meeting up some good old friends with whom we all keep sharing our favourite war stories on Enterprise 2.0, To me it’s that yearly pilgrimage to meet up with fellow 2.0 IBM Innovation Knowledge Management Knowledge Tools Learning Personal KM Social Computing Travelling

I Learned A Lot At My First-Ever F Up Nights

Dan Pontefract

I recently attended the first-ever F Up Nights in Victoria, British Columbia, hosted by the fine folks at the Victoria Innovation, Advanced Technology & Entrepreneurship Council, or by its much cooler acronym, VIATEC. After a couple of beers and meeting some new people, Dan Gunn, CEO of VIATEC, took the stage at Fort Tectoria and calmly said to the audience, “The reality is there are going to be some mistakes. Don’t shoot the messenger!

Notes from ELI 2015 Riyadh - Day One

Stephen Downes: Half an Hour

Harnessing Ignorance to Spark Creativity - Bob Sutton

Bob Sutton

The ergonomics of innovation -- The McKinsey Quarterly. interview Pixar Brad Bird - Innovation lessons from Pixar Director Brad Bird - Strategy - Innovation - The McKinsey Quarterly. IBM Reshapes Its Sales Meetings - BusinessWeek. BusinessWeek: How to Make Meetings Matter. Customer-Focused Innovation. David A Owens: Creative People Must Be Stopped: 6 Ways We Kill Innovation (Without Even Trying). Innovation in a Recession: Forum | KQED|NPR.

Relationships and Dynamics - Seeing Through New Lenses

John Hagel

" This fascinating book drew on extensive research pointing to fundamental cultural differences in how we see the world. While it would be difficult to summarize Nisbett’s rich analysis, I want to focus on a key distinction that he develops in his analysis of two cultural ways of perceiving our world.  It may not be too much to hope that this stew will contain the best of each culture.”. Do we all look at the world in the same way? Hardly.

[liveblog] International Conf. of Univ. Libs: Morning talks

David Weinberger

Innovate differentiated services suiting our culture’s needs. Mariel’s group is building online scheduling of meeting with libraries. We should help our students to be creative and innovate in “micro-spaces,” i.e., spaces dedicated to particular topics. We can do predictive analytics. [ She goes through some analytics with charts that I cannot capture. ]. Where are we in the economic, social, and cultural changes occurring now?