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WEEK 5: Data driven business model innovation - Coggle Diagram
WEEK 5: Data driven business model innovation
27. Debating big data: a literature review on realizing value from big data
Integrated model of big data value creation
Social and economic value
Organizational
Centralization & Decentralization
improvement & innovation
Supra-organizational
Crontolled & open big data acces
Strict regulations & ignore regulations & balance
Work Practice
Inductive & deductive approach
Algorithmic & human based intelligence
Socio-technical features te realize value from Big Data
Portability
Interconnectivity
3 v's
Velocity
variety
Volume
Social and economic value Famework
28. Mastering data projects: an imperical investigation of the factors affecting data warehousing succes
A data warehouse
Research Model for data warehousing succes
Implementation succed
system succes
Implementation factors
Factors that affect data warehousing succes
29. Sustaining An analytics advantage
5 basics for sustaining your analytical advantage:
Apply your analytics to the right problems
Low hanging fruit
focus on large critical problems
control of data is more important than control of the analytics
Implement the analytics fast and defeat your competitors before they can react
Become a truly data driven corporation
keep your analytics secret
table stakers
30. Lessons from becoming a data driven organization
How to use data and become a data driven organization?
Data partnerships
treat data as core asset
Data council
Commercial potential
31. New games, new rules: Big data and the changing context of strategy
Anatomy of big data
Characteristics of Big data
Trans-semiotic
Classification
Updating
heterogeneity
Big data and the changing context of strategy
The role of information in strategy making
Postscript on Big Data, human behaviour and management
33. Big data: extending the business strategy toolbox
Improve the business model
new insights
New data
new action
Innovate the business model
Digital transformation
Data monetization
Wrapping
selling
Bartering
34. Big data for big business: A taxonomy of data-driven BM used by start-up firms
Data-driven Business model (DDBM)
DDBM Framework:
6 dimensions
6 clustertypes
3 v's
32. When datat creates competitive advantage
competitive advantage by data enabled learning
used to enhance and personalize offerings
value added us high and lasting
Translates into better experience
data is propratary
data leads to improvements that are hard to copy
Data-enabled network effects