1.

Record Nr.

UNINA9911008986403321

Autore

Powell Mark

Titolo

The Fifth Phase : An Insight-Driven Approach to Business Transformation

Pubbl/distr/stampa

London : , : LID Publishing, , 2024

©2023

ISBN

9781915951007

Edizione

[1st ed.]

Descrizione fisica

1 online resource (121 pages)

Soggetti

Artificial intelligence

Predictive analytics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Cover -- Back Cover -- Title -- Contents -- Foreword -- Introduction -- 1. The Situation Centre -- 2. The First Phase: A Scientific Revolution -- 3. The Second Phase: Taylorism with Computers -- 4. The Third Phase: Process Management -- 5. The Fourth Phase: Drowning in Data Lakes -- 6. The Intelligence of Machines -- 7. Not All Data Are Created Equal -- 8. Leaving the Tool-o-Sphere -- 9. Moving Beyond the Familiar -- 10. New Drugs from Known Ones: The Biovista Story -- 11. Leading Transformational Change -- Notes -- Acknowledgements -- Copyright

Sommario/riassunto

The connected world offers the potential for radical new business insights gleaned from previously unimaginable volumes of data. But business has got bogged down in the process of collecting and storing that data; money has been wasted on data lakes in which many IT departments have drowned without being able to deliver useful insights to business leaders. Big data has new and exciting answers to offer, but business leaders must first decide what questions it would like to see answered. Data may be the new oil, but to date we have only built oil depots. This book analyses the new, Fourth Wave of business transformation, which will build the refineries that turn data into useful products. Business has started from 'data up' and needs to start again from 'value down', going back to the drivers of real business value and



deciding what insights would help realize that value. Only then can we begin to interrogate data with purpose.