Tuesday 7 January 2014

Big Data - Bringing the Nerd Back to the Boardroom!



Now that the technology barrier is no longer an issue for big data, there's a lot of talk about the cultural barrier to the application of big data. What's often overlooked is that the issue is far more fundamental, and far deeper rooted in the historical development of the corporation and in the particular role given to analytic skills in the corporate world.

The fundamental challenge facing big data is that for the longest time there has been a distinct separation of functions between the "business types", the "creative types", and the "numbers guys".
Mathematician
Image courtesy of www.careercast.com

What this means is that, if you look in a sales or marketing departments or to the top levels of most companies today sure there might be a half dozen people who did first year statistics, but the department will be made up of mostly of business types and creative types and there'll be a distinct lack of numbers types.

Not only that, but the other two groups have very limited skills when it comes to understanding and evaluating data and numbers.
Even if you have big data tools which provide answers - people want an explanation. Asking these groups who are under-equipped to be able to understand or interpret the data to make decisions based on something which they can't understand is something which is both challenging and often threatening to people who are suddenly left with a horrible feeling of "the nerd is telling me how to do my job".

The challenge facing big data, is that we need to re-train the old guard and the leaders of today to understand not just the value of data, but the means of processing it.


More importantly, we need to ensure that the corporate leads of tomorrow are comfortable with numbers. Not everyone needs to be a data analyst, but a big part of business will be being comfortable with the concept of data analysis and data driven decision making processes.