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Big Data: Friend, Phantom or Foe?

Jan 21, 2018

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Page 1: Big Data: Friend, Phantom or Foe?

www.johngirard.net                                                                                    [email protected]  1  

John  P.  Girard,  Ph.D.  

h�ps://www.youtube.com/watch?v=QL1dQuK5Wsg  

Page 2: Big Data: Friend, Phantom or Foe?

www.johngirard.net                                                                                    [email protected]  2  

Big  Data  in  your  organiza�on?  

Leaders  in  my  organiza�on  are  _________  Big  Data.    

B.    interested  in  C.    bored  with    D.    confused  about    

A.    excited  about  

Some  History  

Many  leaders  were  (are)  very  skep�cal  about  the  

real  value  of  KM  

Page 3: Big Data: Friend, Phantom or Foe?

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Big  Data  =  KM  by  another  name?  

Big  Data  is  Everywhere  

Page 4: Big Data: Friend, Phantom or Foe?

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Is  Big  Data  New?  

www.google.com/trends/  

Teradata, 1991 (Osco Drug)

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 5: Big Data: Friend, Phantom or Foe?

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Big  Data  =  KM  by  another  name?  

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)  

Page 6: Big Data: Friend, Phantom or Foe?

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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  

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:  

Page 7: Big Data: Friend, Phantom or Foe?

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Exhibit  at  NAFA  School  of  Art  &  Design  

KM  1.0  (According  to  John)  

Knowledge

Information

Data

Data to Information

 Context  Categorize  Calculate  Correct  Condense

Information to Knowledge

 Compare  Consequences  Connects  Conversation

Page 8: Big Data: Friend, Phantom or Foe?

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KM  2.0  

Ikujiro Nonaka

Socializ

ation Externalization

Interna

lization C

ombination

TACIT

EXPLIC

IT

EXPLICIT

TACIT

Seek  Wisdom  

Seek  wisdom,    not  knowledge.      Knowledge  is  of  the  past,  wisdom  is  of  the  future.                          ~  Lumbee  Proverb  

The  Lumbee  Tribe  of  North  Carolina  is  a  state  recognized  tribe  of  approximately  55,000  enrolled  members,  most  of  them  living  in  Robeson  and  the  adjacent  counties  in  southeastern  North  Carolina.    

Page 9: Big Data: Friend, Phantom or Foe?

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The  Cogni�ve  Hierarchy  

10  Years  

Knowledge

Information

Data

Ackoff’s Apex Wisdom

Understanding

Knowledge

Seek  Wisdom  not  Knowledge  (KM  2.5?)  

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 10: Big Data: Friend, Phantom or Foe?

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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”  

An  early  example  of  Big  Data  (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 11: Big Data: Friend, Phantom or Foe?

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A  more  recent  example  

www.youtube.com/watch?v=SiFPjUTw_qM  

Big  Data  Can  Provide  Decision  Support  

Slamtracker's  Keys  to  the  Match  mines  over  8  years  of  Grand  Slam  Tennis  data  (~41  million  data  points)  to  determine  pa�erns  and  style.  Prior  to  each  match,  the  system  runs  an  analysis  of  both  compe�tors’  to  determine  what  the  data  indicates  each  player  must  do  to  do  well  in  the  match.  

Page 12: Big Data: Friend, Phantom or Foe?

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An  Example  

Big  Data  

What  do  we  know  about  Big  Data?  

Page 13: Big Data: Friend, Phantom or Foe?

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Big  Data  is  Global  and  Mul�disciplinary  

www.google.com/trends/  

Big  Data  is  NOT  just  technology  

www.google.com/trends/  

Page 14: Big Data: Friend, Phantom or Foe?

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The  newest  technology  

www.youtube.com/watch?v=qSJm3nIicK4  

The  right  technology  

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

Page 15: Big Data: Friend, Phantom or Foe?

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Google  Flu  Trends  

www.youtube.com/watch?v=6111nS66Dpk  

Did  Google  get  is  wrong?  

Page 16: Big Data: Friend, Phantom or Foe?

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Gartner  Hype  Cycle  for  Emerging  Technologies  

www.gartner.com/newsroom/id/3114217  www.gartner.com/newsroom/id/2819918  

Big  Data  is  no  longer  there!  

Data  Conerns  

www.theguardian.com/technology/2015/mar/18/twi�er-­‐puts-­‐trillions-­‐tweets-­‐for-­‐sale-­‐data-­‐miners  

Page 17: Big Data: Friend, Phantom or Foe?

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The  Size  of  Big  Data  

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

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

Decide  later  …  

Page 18: Big Data: Friend, Phantom or Foe?

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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:  

Michael  Jordan  on  the  “Delusions”  of  Big  Data  

http://spectrum.ieee.org/robotics/arti�icial-­‐intelligence/machinelearning-­‐maestro-­‐michael-­‐jordan-­‐on-­‐the-­‐delusions-­‐of-­‐big-­‐data-­‐and-­‐other-­‐huge-­‐engineering-­‐efforts  

When  you  have  large  amounts  of  data,  your  appe�te  for  hypotheses  tends  to  get  even  larger.  And  if  it’s  growing  faster  than  the  sta�s�cal  strength  of  the  data,  then  many  of  your  inferences  are  likely  to  be  false.  They  are  likely  to  be  white  noise.  

Page 19: Big Data: Friend, Phantom or Foe?

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"More  data  increases  our  confidence,  not  our  accuracy"  

Image  Credit:  Kris  Krug   h�p://www.kriskrug.com  

h�p://www.tylervigen.com/  

Page 20: Big Data: Friend, Phantom or Foe?

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h�p://www.tylervigen.com/  

h�p://www.tylervigen.com/  

Page 21: Big Data: Friend, Phantom or Foe?

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What  did  happen?  

h�ps://www.linkedin.com/pulse/whatever-­‐happened-­‐knowledge-­‐management-­‐tom-­‐davenport  

What  did  happen?  

h�ps://www.linkedin.com/pulse/whatever-­‐happened-­‐knowledge-­‐management-­‐tom-­‐davenport  

KM never incorporated knowledge derived from data and analytics. I tried to get my knowledge management friends to incorporate analytical insights into their worlds, but most had an antipathy to that topic. It seems that in this world you either like text or you like numbers, and few people like both. I shifted into focusing on analytics and Big Data, but few of the KM crowd joined me.

Page 22: Big Data: Friend, Phantom or Foe?

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The  Future  …  

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

Page 23: Big Data: Friend, Phantom or Foe?

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John  P.  Girard,  Ph.D.