Category: data socialization
Having just returned from Lotusphere in Orlando, Florida and just about shaken off jet lag, I have started to reflect on what was certainly for me the best ever Lotusphere.
Apart from the glitz, glamour and energy around, I was surprised by the number of people I knew. Most of them I had never met in person, but I was familiar with because of their online presence in Twitter, LinkedIn, Facebook and... Read the article
Businesses need to make smarter decisions, quicker. The smart business of the future will correlate and compute a mix of demographics
, psychographics, web analytics, social analytics and business intelligence to create predictive scenarios that can be delivered in real time at the point of need; this will enable those with access to make better informed decisions that more accurately impact performance in a positive way. This creates vital brand differentiation in the market place and sustains real competitive advantage. ... Read the article
e been keeping tabs on the rise of social business in healthcare, McKinsey's 5th annual survey on the way organizations use social tools & technologies finds that they continue to seep into many organizations, transforming business processes and raising performance.
In fact, McKinsey reports 72% of 4,200 global execs said their companies now use social tools. So with the rising level of adoption, it is no surprise Forrester Research predicts the Enterprise Social Software Market will become a $6.4 billion market in 2016. Given the increased utilization and...
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There is an interesting video “Your Storytelling Brain” from Cognitive Neuroscientist Michael Gazzaniga who talks about how we remember things. He describes a part of the brain called “the interpreter” which functions to organize memories into plausible stories. This is great most of the time, but causes a type of memory distortion that is gets in the way of designing appropriate business processes.
You memories are not perfect, but the interpreter can help to fill in details which are plausible. Evidence of this is seen from how people who have suffered trauma that eliminates some of their real... Read the article
Last Summer I published a Social Business Maturity Model that we developed to help companies understand their level of adoption of social business. The idea is that you can identify a set of criteria to use to evaluate the progress a company is making on it's rollout and adoption of social tools and the accompanying process and culture change that enable the business transformation. Companies could then take that criteria and use it to benchmark their own progress and also plan out a strategy to accelerate adoption and build more momentum. We looked at culture, organization, technology and barriers to change across five maturity... Read the article
This is a term that Dave Weinberger used in his KM World article, Letting data out of its box, that my friend, Geoff Bock, pointed out to me. Dave is talking about open data, which is data that has metadata that is open to link to other data. Then interesting things can happen, As Dave writes, “Once you let data out of its box—out of its cell—it immediately links up with everything it can, because that's how meaning works: One thing leads to another, and if it doesn't, it's non-sense.”
He adds that open data has value because of its links, “and links—the frisky little devils—just want to go forth and multiply.” Dave was writing these... Read the article
I think one of the most valuable aspects of our newly-launched book Getting Results From Crowds is the analysis of Crowd Business Models. While crowdsourcing is clearly a fantastic way for organizations large and small to get access to unparalleled resources and scale their operations, it is also increasingly central to many companies’ business models.
We have created a framework that identifies 7 fundamental crowd business models (plus non-profits), and done an analysis of the monetization mechanisms and success factors behind each one. These provide a broader framework for the 22 categories in... Read the article
Towards the end of each year I share some thoughts on what awaits in the year ahead.
It is actually a lot easier to look years into the future than just a single year, as while we can readily discern broad trends, the major events in a year are usually unforeseeable, though they may express the longer-term directions. However as the pace of change accelerates, it is becoming a little easier to see the themes, if not the specifics, of the year ahead. My Map of the Decade shows the 14 ExaTrends that are shaping this 10-year period. Today I launch my 12 Themes for 2012, in conjunction with Future Exploration Network. ... Read the article
The approaches of industrial management have given us remarkable material well-being over the last few centuries, but are increasingly being criticized for not being suited to handling the needs of today. Organizations need to excel in innovation. Companies also need to embrace rapid change and uncertainty. Some of the most creative ones have even gone so far as to take a “let’s just do cool things and see what happens” approach, trying to avoid traditional governance systems. Is this yet another sign that... Read the article
Dion Hitchcliffe makes some useful points in his post, The enterprise opportunity of Big Data: Closing the "clue gap." After a comprehensive look at the possible architectures to effectively look at big data to mine insights, Dion notes that this capability needs to be put into the hands of as many workers as possible. He writes, “The organizations that figure out this part will reap corresponding rewards. In order to have enough impact, Big Data capabilities must be as easy to use as Google search.”
Dion goes on to add, “To close the “clue gap”, wise organizations will seek to get out of the Big Data shallows with all three aspects of Big Data while simultaneously delivering capabilities usable and within reach of... Read the article