IdeaScale

APRIL 12, 2024

What is a Data Flow Diagram? A Data Flow Diagram (DFD) is defined as a graphical representation of the flow of data within a system. It illustrates how data moves from input sources, through various processes, and finally to output destinations.

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Data Examples Analysis System 100

Harvard Business Review

FEBRUARY 19, 2024

In spite of recent efforts to beef up cybersecurity, data breaches — in which hackers steal personal data — continue to increase year-on-year: there was a 20% increase in data breaches from 2022 to 2023.

Data 100

Data System Technology Management 100

IdeaScale

FEBRUARY 23, 2024

Data has become the cornerstone of decision-making across various sectors, including government. The adoption of data-driven approaches has revolutionized how policymakers strategize, allocate resources, and address societal challenges. In this blog, we explore the significance of data-driven decision-making [.]

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Data Engagement Resources 130

Harvard Business Review

JUNE 7, 2023

An entirely new “management paradigm” for data is needed. As used here, a “management paradigm” embodies a common language, a holistic vision of the ways data should contribute, a clearly defined organizational structure showing how data integrates across the organization, along with clear roles and responsibilities for all involved.

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Data Strategy Strategy Policies 139

Harvard Business Review

JANUARY 26, 2024

There are three immediate challenges for companies that want to train fine-tuned AI models: 1) they require extensive, high-quality data — a scarce resource for many enterprises, 2) third-party AI models can include problematic biases, and 3) training fine-tuned models with users’ personal data may result in privacy violations.

Data 130

Data Collaboration Company Training 130

Harvard Business Review

JANUARY 15, 2024

Although cultural change generally requires human intervention, it appears that new technology — especially a new technology like generative AI that captures human imaginations — can play a role in catalyzing a data-oriented culture.

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Survey Data Generative AI ChatGPT 114

Harvard Business Review

SEPTEMBER 13, 2023

Despite the rapidly increasing prominence of data and analytics functions, the majority of chief data officers (CDOs) fail to value and price the business outcomes created by their data and analytics capabilities. It comes as no surprise then that many CDOs fall behind expectations and have short tenures.

Data 122

Data Strategy Strategy Artificial Inteligence 122

Harvard Business Review

DECEMBER 13, 2023

Today we have more data than ever before, yet marketers still struggle to understand their customers. That’s because today’s marketers have mistaken information for intimacy. The author, who ran strategy for Wieden+Kennedy, describes an ethnographic research campaign his team conducted on behalf of McDonald’s.

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Data Marketing Culture Strategy 154

Harvard Business Review

MARCH 7, 2024

One big challenge that leaders have when figuring out how or where their companies can grow is that a dearth of data about future problems and opportunities.

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Data Technology Change Company 142

Harvard Business Review

SEPTEMBER 8, 2023

As reliance on data and analytics continues to expand across industries from agriculture to manufacturing, health care to financial services, it stands to reason that the next generation of data leaders will have far-reaching roles that impact strategy, decision-making, operations, and countless other functions.

Data 143

Data Industry Strategy Strategy 143

Harvard Business Review

NOVEMBER 2, 2023

Cloud tools and technologies are influencing the future of data science work in two key areas: scaling resources and improving workforce agility. If organizations want to make use of these capabilities, though, they also need to develop strong data security and privacy frameworks when operating in a cloud environment.

Data 101

Data Change Agile Resources 101

Harvard Business Review

JUNE 20, 2023

With the explosion of generative AI and other powerful new data tools, chief data and artificial intelligence officers (CDAIOs) are more important than ever as companies navigate this new landscape.

Data 138

Data Artificial Inteligence Generative AI Technical Review 138

Harvard Business Review

OCTOBER 3, 2023

Today data is an increasingly important part of how restaurants create value, both on the demand side (how consumers choose a place to eat, make a reservation, give their order, and pay their bill) and the supply side (detailed preparation and food resource-management records that enable restaurants to optimize inventory and reduce waste).

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Competition Data Resources Management 115

Harvard Business Review

NOVEMBER 10, 2023

But without such data, they won’t be able to set priorities and won’t know whether their efforts are effective. Very few employers systematically track their employees’ health and wellbeing. It is now possible to systematically assess your employees’ wellbeing and assess the effectiveness of your programs to address their needs.

Data 118

Data Resources Management 118

Tullio Siragusa

OCTOBER 24, 2022

Data Innovation in Manufacturing Requires Integration. Technology that helps in connecting with suppliers for materials and managing product data with a digital platform makes the process faster, and more efficient. Another thing that became important is data. From collecting and managing data to creating intelligence from data.

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Data System Innovation Technology 118

Leapfrogging

FEBRUARY 28, 2022

Because of unprecedented uncertainty, there’s a strong desire to use data to deliver better decision-making. Yet many teams and organizations get paralyzed by overwhelming data. While data exists, many teams lack insight. They think that if they wait for more data, they’ll get the answer. Makes sense. So, they get stuck.

Data 130

Data Industry Examples Report 130

Tullio Siragusa

JULY 25, 2022

Unlocking Innovation with Data, Creativity, and Automation. For some, it may be through hard work and determination, while others may find success through innovation with creativity, data, and automation. In this podcast recap blog post, we will discuss how innovation derived from creativity, data, and automation can lead to success.

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Data Creativity Technical Review Innovation 118

Tullio Siragusa

AUGUST 1, 2022

The Hyper-personalization Data and Privacy Debate?-?Solved. Data is what we share with the websites we visit. In this podcast recap blog post, we will discuss how websites store data, what goes on with the data that we share, and how we can have an option to control our data to have personalized experiences.

Data 118

Data Technical Review Marketing Design Thinking 118

Yet2

FEBRUARY 7, 2024

yet2 employed their proprietary Big Data approach to quickly ingest and analyze thousands of data points across their database of 5,000+ CMOs, reducing the analysis time from months to days. Another category of data segmenting was Class I and Class II products by regulatory certification, which was already captured in the CMO database.

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Big Data Data Technical Review Marketing 59

InnovationManagement

OCTOBER 19, 2021

Data can be a powerful enabler for innovation, but when used incorrectly, it can be a paralyzing force. Whether you collect data based on historical perspectives or through experiments, it can bring the insights needed for truly great innovations. The post Is Data Hindering Your Innovation Efforts?

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Data Innovation 98

InnovationTraining.org

SEPTEMBER 23, 2022

Learn the basics of data storytelling and find training resources, articles, videos, and more. Data is all around us – from our schools, to our workplaces, and internet habits. Data storytelling recognizes that data on its own is often not enough to move people to action. What is data storytelling?

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Training Data Underperforming Technical Team Video 70

Planview

DECEMBER 12, 2023

Historically, companies had two approaches to deriving value from data. Some companies used a grassroots approach, where individual people and teams mined their own data stores for insights as needed. Neither can handle the amount of data coming in from customers and internal operations. The problems with those approaches?

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Data Trends CTO Company 72

IdeaScale

JANUARY 7, 2021

Data is the most valuable tool that any business has access to today. Data can show you where you sit in your … Continued. The post How to Draw Innovation Inspiration From Customer Data appeared first on IdeaScale. The post How to Draw Innovation Inspiration From Customer Data appeared first on IdeaScale.

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Data How To Innovation Tools 130

InnovationManagement

DECEMBER 13, 2021

Finance is no stranger to using data in predictive analysis, forecasting, and more, but what can real-time data bring to the table? The post 3 Ways Real-Time Financial Data Drives Business Intelligence appeared first on InnovationManagement.

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Data Analysis Competition Strategy 123

Acuvate

MAY 13, 2020

Data Storytelling: What It Is And Why Data Leaders Should Adopt It Traditionally data scientists have used visually-appealing dashboards and visualizations to communicate their findings to business executives. The post Data Storytelling: What It Is And Why Data Leaders Should Adopt It appeared first on Acuvate.

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Data Analysis 114

Jeffrey Phillips

OCTOBER 21, 2019

Data Driven No phrase worries me more than what I hear repeated regularly as a mantra by our customers and prospects. Everyone wants to be "data driven", which on the surface is an excellent idea. If by "data driven" they mean making decisions based on data rather than conjecture or opinion, that's good.

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Data Artificial Inteligence System Strategic Thinking 125

Harvard Business Review

DECEMBER 14, 2022

Companies are awash in people analytics — but that data rarely translates into trustworthy markers of performance.

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Data Management Company Culture 119

Acuvate

JULY 6, 2020

8 Major Challenges faced by Data Scientists Organizations across the globe are looking to organize, process and unlock the value of the torrential amounts of data they generate and transform them into actionable and high value business insights. The post 8 Major Challenges Faced By Data Scientists appeared first on Acuvate.

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Data Big Data Analysis Management 134

Jeffrey Phillips

MAY 20, 2022

Increasingly, however, we need to invite data into this mix. As more and more data is generated, it creates new opportunities in the strategy realm and in the innovation realm. This post will consider the importance of data in strategy development and execution, as well as in innovation.

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Data Report Strategy Strategy 144

Brunner

JULY 12, 2023

Only a few short years ago, the general public learned companies were collecting and selling data with every click consumers made. In 2018, Facebook CEO Mark Zuckerberg was called to address Congress about a data-sharing scandal with Cambridge Analytica, a company that bought data from Facebook to target political advertising.

Data 94

Data Marketing Policies Strategy 94