Our imagination is taken hostage (by outdated input variables)
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The document discusses the need for responsive organizations that can adapt to changing 21st century challenges and external influences. It argues that organizations need to consider a wider variety of input data, including data they may not be aware of, in order to develop flexible models and make evidence-based decisions. As data volumes and processing power increase exponentially, organizations will need to be open to having their assumptions and mental models challenged and redefined by insights from new sources of big data, in order to effectively serve customers in real-time.
Our imagination is taken hostage (by outdated input variables)
- 1. A RESPONSIVE ORGANIZATION IS ONLY AS GOOD AS WHAT IT IS RESPONDING TO IMAGE BY ALASKA DOT&PF ON FLICKR.COM
- 2. THIS IS AN IDEA « I work with input variables, what kind of data, experience, information do we put into our organizations to make them tick»
- 3. GAPI sense there is a gap between what we want our organizations to be and what we put into them PART 1
- 5. A business is distilled down to nine elements A human is distilled down to three elements
- 6. «At a high level, banks make money out of two things. One is net interest margin. The other is kicking you when you’re down.» - Ricky Knox, Founder Tandem -
- 7. The organization does not exist in a vacuum PART 2
- 8. THE ORGANIZATION IS AN ORGANISM REACTING TO INPUT VARIABLES
- 9. Basically that you build for flexibility but everything you do ends up becoming a slightly different version from the first thing that you did Without outside influence you are reducing the opportunity to be surprised, to become baffled by outliers. You are running the risk of creating an echo-chamber «HYPER-RATIONALIZATION» - Joshua Prince-Ramus -
- 10. Experts are a dangerous species you create a room full of experts, and the problem with experts is that they loose their ability to change their mind
- 11. What is a 21st century challenge? IMAGE SOURCE: HTTPS://EOIMAGES.GSFC.NASA.GOV PART 3
- 12. What companies do is limit peoples’ options
- 13. THE RESPONSIBILITY OF BUSINESS ORGANIZATIONS IN REGARDS TO PERSON, PROCESS, TECHNOLOGY, BEHAVIOR AND OUTCOME 29/365 - 2017 OUTCOMEPEOPLE
- 15. A TAX leadership has to pay in order to argue they were doing the right thing old, slow, static formats, not distributed, not in a system of action, promotes einstellung, avoids outliers, creative opinions and is infested with the Hawthorne effect. Our imagination is taken hostage by the current system (A system designed to preserve a very lucrative business model) The current insight industry i designed to fit customers to company’s problems to prove that what you are already doing is the right thing SOURCE: HTTPS://OPENCLIPART.ORG/
- 16. Do we need responsive organizations to create productivity gains through flexiblity? QUESTIONS - Turn to the person next to you. For 90 seconds discuss: qOr are we building them to respond to 21st century challenges?
- 17. Software + HardwareResponsive Org.Data + Insight PART 4
- 18. IOT + External Data + Space Img. We don’t know what this data will do to organizations Computer Vision + Machine Learning How can the curve be exponential? Because we will get access to data we didn’t even know existed - it’s far outside the capacity of our imagination Sensors Processing power (Doubles every 12 months) Data Volume (Doubles every 18 months) Systemix Compexity Big Data allows evidence- based decision-making SOURCE: DIGITAL GROWTH. SOURCE: DIRK HELBING SOURCE: PLANET.COM Most of our future data won’t be our own - IBM Watson planet.com
- 19. Mental Models Data informs the mental models by which we manage our organizations and make decisions. Data informs the mental models by which we manage our organizations and make decisions. Big space data, computer vision and machine learning creates a new generation of data and gives companies a completely new framework for understanding the world. We will start seeing our world differently - creating new Solving the short comings of todays rude, inefficienct and static data. Are we ready to be rewired and reprogrammed?
- 20. But today companies need insight to make decisions that challenge their assumptions, their core technology, vector, processes and core business models. Insight that challenge their customers own perception of what they want. And in a format and through a system that distributes this knowledge to every talent and team empowering them to make their own decisions in their interactions with the customer. All in real-time - Helge Tennø - Thank You