HANS EIBE // CBS // BIGDATA // #ICDK17 keynote
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The document discusses how SMEs and other businesses can leverage data-driven strategies to achieve growth and competitive advantage through organizational capabilities. It highlights opportunities and barriers related to data and analytics, as well as presents a capability map for data-driven growth. The keynote emphasizes the importance of repeatable knowledge, skills, and workflows that are integral to the organization's fabric.
HANS EIBE // CBS // BIGDATA // #ICDK17 keynote
- 1. CAPABILITIES AND THE DATA-DRIVEN FUTURE OF SMES AND OTHERS @hanseibe | #icdk17 | #bigdatabigbusiness © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 1
- 2. © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 2
- 3. Agenda • The keynote’s premise – Investments, growth and strategy – Capabilities in brief • Opportunities and barriers – Technical or organizational challenge? • Capabilities for data-driven growth – 9 in 3 dimensions • DataProfit: a capability map and tool 3 Capabilities | Data-Driven | #icdk17 © 2017 Hans Eibe Sørensen
- 4. The keynote’s premise • Why do we run businesses? – To make owners make more money than from an ‘alternative investment’ • How do we secure temporary or sustained profits? – Competive advantage – Valuable and Rare resources and capabilities that are foundation for Inimitable strategies – Sound Organization 4 Capabilities | Data-Driven | #icdk17 © 2017 Hans Eibe Sørensen
- 5. What type of growth? 5 Strategy Strategy The Future Growth Opportunity Growth Opportunity Growth Opportunity Growth Opportunity ?! © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17
- 6. Capabilities in brief • Capabilities (as per George Day and Sidney Winter) – Are knowledge, skills, processes, and workflows that are repeatable and routinized – but not in one person alone – Enables the organization to coordinate activities and make use of their assets – Are deeply embedded with the fabric of the organization so they can be hard for management to identify (on the positive side it’s even harder for competitors) – Are manifested in typical activities, such as, order fulfillment, business development, service delivery…and the handling of (big) data © 2017 Hans Eibe Sørensen 6 Capabilities | Data-Driven | #icdk17
- 7. Filters, traps, and… © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 7
- 8. Opportunities and barriers • Technical or organizational challenge? • Opportunities – Data and analytics – Optimization and efficiency – New services and/or new business (models) • Barriers – Mindset – Competences – Customer knowledge – Access to data © 2017 Hans Eibe Sørensen 8 Capabilities | Data-Driven | #icdk17
- 9. Big Data – en syntese © 2017 Hans Eibe Sørensen 9 Capabilities | Data-Driven | #icdk17
- 10. Capabilities for data-driven growth © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 10
- 11. DataProfit: a capability map © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 11
- 12. DataProfit: tool examples © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 12
- 13. Summary • The keynote’s premise – Investments, growth and strategy – Capabilities in brief • Opportunities and barriers – Technical or organizational challenge? • Capabilities for data-driven growth – 9 in 3 dimensions • DataProfit: a capability map and tool 13 Capabilities | Data-Driven | #icdk17 © 2017 Hans Eibe Sørensen
- 14. Referencer • Literature – Chen, H., Chiang, RH. & Storey, VC., 2012. Business intelligence and analytics: From big data to big impact. MIS quarterly, 36(4), pp.1165-1188. – García-Palomares, J.C., Gutiérrez, J. and Mínguez, C., 2015. Identification of tourist hot spots based on social networks: A comparative analysis of European metropolises using photo-sharing services and GIS. Applied Geography, 63, pp.408-417. – Ritter, T., Pedersen, CL & Sørensen, HE. (2017) DataProfit: Kompetencekort til Datadreven vækst. Gratis e-bog/ praksisguide. CBS Competitiveness Platform. http://www.saxo.com/item/58055787 – Sørensen HE. 2012. Business Development: A Market-oriented perspective. John Wiley and Sons, Ltd. – Sørensen, HE. In Press. Making planning work: insights from business development’, Int. J. Entrepreneurship and Innovation Management, Special Issue on Business Development. • BigDataBigBusiness research project – Blog, results and tools http://blog.cbs.dk/bigdata/ – CC Jensen-case in Ingeniøren 21/4 2017: Kunde sparkede digitalisering i gang hos oliefilterproducent – Wisecon-case in Børsen 26/4 2017: Dansk rottekonge i trecifret millionsalg: "Vi er super stolte” © 2017 Hans Eibe Sørensen 14 Capabilities | Data-Driven | #icdk17
- 15. Q&A hans@eibe.dk +45 2710 2152 @hanseibe linkedin.com/in/hanseibe/ blog.cbs.dk/bigdata/kompetencer © 2017 Hans Eibe Sørensen Capabilities | Data-Driven | #icdk17 15