speedideation

I think that data science is important in business model innovation - especially the possibility to use prediction much better than before

Personall, I'd like to see data science teams become an essential part of strategic planning.

It SHOULD play a massive part, scepticism and legacy behaviour are hard to change

@MattMJH And look at the costs....basically close to 0

What we find in @9lenses data constantly is that today's organizations gravitate between three types of leadership: shooting from the hip, groupthink, or leadership by committee. It's because tools are surveys, BI, and consultants. Need data

Strategic planning should involve everybody and certainly the data science is critical and when done right much more accurate than analyst reports and gut feel

@MattMJH I'm wondering if that skepticism can helped by advances in the way data scientists engage and tell our story.

the big problem IMO is still the process of bringing the information into the analytic environment. #DataGravity drives 1000 lakes vs. 1 ocean

we need to show the positive example you have achieved already and apply to new scenarios - that'll be really convincing

@DanHushon Agreed. Would like to put in place platforms and feeds that make it easier, more reliable.

How do you convince different verticals of the applicability when data is from 'other' seemingly unconnected sources?

and @DanHushon Exactly. It's gotta be immediate, self-service analytics that ANYONE can use. That removes the 'filter' of the McKinsey consultant or uber-smart data scientist.

filter vs. opt in... large number of sites, like #Klout starting to ask for #interests to improve context, and are now exploring RT as a reinforcement

Agreed. The shorter the time between idea and insight, the better.

We should partner with consultancies to improve the quality of discovery on these platforms, so that we can automate the discovery, increasing time to insight.

*decreasing

Comes back to earlier discussion. We need to pick the right "opening scenarios" to show the value and then work with our customers to find the spots they'd like to simulate. Up to us to start right

Interesting idea as it can be used for simulation games of different co-creations in the workshop and to try different scenarios out. Can this be for co-creation what scenario planning was for business strategy? But much more effective

If we can go with short sprint simulation (for whatever sprint topic we have with the customer) and then compare with results we get automated proof of value

That's a slick idea! In my head I'm imagining 50 people in a room sending ideas via mobile and a projector screen up front mapping them out, then suddenly folks start combining ideas and refining to improve "scores".

@chrisfangmann if we can make a closed feed-back loop that will be effective. Most models lack the evidence (even cost models mostly do)

great thought! If properly applied and prepared, you run the simulation and then get crisp numbers and results, plus the most suitable solution, instead of brainstorming for three hours with a vague outcome and 5 pages of meeting minutes ;)

getting to a "maker" and "go do" mindset and actually get something with you home from a workshop

Customer adoption

@ChrisFangmann Makes sense. I've used it as input, but would be interesting to simulate directly.

and then after knowing how to improve / increase customer adoption take financial improvement as 2nd step

simulate impact and identify gaps in our offering portfolio due to market adoption of disruptive tech.

Some big topics to simulate: a matrixed reorg, changing compensation/incentive structure, all the brainstormed ideas at an offsite, a marketing campaign (e.g. "industrial internet" at GE).

Very interesting thoughts.

Really like this one. We could simulate the impact of culture and policy would have on the character of the business.

If we can start working with the culture element in a global organisation with many cultures and tons of sub-cultures that would be really interesting

Thanks for your great paper, mate

more than deserved @jerryAOverton - keep this topic alive and growing, amazing work!

D3. https://www.google.c...

have you had a look at what @stroker sent around for presentations about 10 days ago?

comic strips

@ArchiKierstead I like this actually. I'm gonna look into it.

CSC should tell its stories through a series of comic strips with a cast of characters..... needs to be truly funny in order to work. I'm sure there must be some CSC artists out there!

@ArchiKierstead South Park or The Simpsons :-)

not that I had own research conducted thus far but I love this setup as the topic is already very mature

@t_baus_x Blockbuster v Netflix was good for the P.O.C. but I'd like to focus on simulating interesting new "what if" scenarios.

@JerryAOverton Right approach - and of course - as discussed last week - add the time factor to the simulation

@jerryAOverton you mean other "use cases" ... interesting actually, in addition to what you stated below for manufacturing, could this also apply to stock market? Also for public sector / city planning this would be interesting

@jerryAOverton we could also apply this to our own offerings in terms of evaluation and commercial success, given the right parameters - and use the learnings even for sales improvement / client targeting

@jerryAOverton and one last thought ;) how about hooking this tool into Salesforce to predict performance per client, predicting financial success etc and thus forecasting a client's potential budget and growth rate

@t_baus_x You mean considering our work with each client as a single business model and then consolidate again on industry level>

@t_baus_x YES! Gr8 idea. Would like that to go both ways: Salesforce feeding simulation input, simulations feeding Salesforce activities.

yeah - you get the "forecast" of a client's business success as a first result, supporting your Sales Strategy with this information ... and secondly, consolidate / match up / validate on industry and region level

@jerryAOverton yep, that is the what I thought! I guess the actual implementation into Salesforce is not even the hard part ... the question is, who feeds the content, how often must it be updated ... partly automated feeding with data?

Impact on retail with connected consumer giving up privacy as one example

Also working on simulating the effect of service/product innovation in manufacturing. Already seeing some interesting effects of open source. Hope to publish soon.

I'd like to see more scenario planning and the use of delphi methods (for example), backed by data analysis to help CSC better anticipate and respond to trends

@ArchiKierstead Cool - and not only respond to trends but lead before trends become obvious

I think using delphi methods would help us tap into the latent knowledge of our large, experienced employee base.... why can't we run auctions and have employees trade on tech futures??

not sure if that too complex afterall, but field of disaster scenario response planning sth like this might also work very well. Not predicting the disaster of course, but predict the value of response efforts (often waste of time / money)

@t_baus_x tap into re-insurance here.... then you might want to simulate the real disaster

@t_baus_x Really like this idea. In fact, I could pivot the focus to simulating continued business operations verses business financial performance.

and then tie up with e.g. OmniLocation to improve services

@chrisfangmann cool stuff, I'd love to see something like that evolve, would really affect many areas, not just business, also real-life disasters (floods, hunger, pandemics, ...) all over the world