social business in a world of abundant real-time data
Post on 17-Oct-2014
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Keynote from Online Info 2012 event, November 2012, London, about the role of data and social analytics in creating truly social businesses.TRANSCRIPT
Social Business in a World of Abundant Real-time Data
Lee Bryant, Dachis Group, November 2012
New world of data: POTUS hugging a data nerd
New world of data: a failed $100m+ bet on ‘belief’
New world of data: language & the quantified self
New world of data: language & the quantified self
What if we were able to take the quantified use of metadata, a computing-based narrative of humanity, and integrate it with centuries of human narrative and storytelling?
Thanassis Rikakis, Carnegie Mellon Universityhttp://www.wwtid.com/2012/11/18/the-big-pivot-part-3/
Soccer, F1, baseball were transformed by data
Marketing transformed by data: social sentiment
But who is really listening and acting on insights?
Analytics without action is just a rear-view mirror
Collaborative Reporting
Assemble a NarrativeCreate a shared narrative by instantly assembling observations into an interactive microsite.
Each thumbnail reveals the Observation’s content.
Graphs can be annotated to call out pertinent insights
See which Observations have received comments since your last visit.
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Data + collaborative insight = action
Insight
Raw SignalStorage
SignalRepository
SocialBusiness
GraphMetricsStore
Normalization Enrichment Analysis Analytics
Cassandra CassandraMemcachedMySQL FarmAWS S3
• AWS Server Farm for API and Screen scraping Adaptors
• NLP and Semantic Analysis for relationship Discovery
• Crowdsourcing Operation for Data QA and Sourcing
• Machine Learning• Cluster Analysis • Hadoop based Insight
Identification
How we track social performanceAlgorithms + analysis + crowdsourcing
Algorithms alone are not enough
Towards Data-driven Business:Turning internal and external data into sources of business improvement
We used to operate exclusively in hierarchies
Management had two main motivating tools
Now, organisations are becoming service-oriented
Some organisations are becoming ‘podular’
Tight feedback loops used to manage performance
Many firms now have social business platforms
Moar data! Activity streams and talking machines
It’s no longer about encouraging sharing ...
... It’s about working in the open by default
‘Big’ data is not the goal. Insight is the goal.
‘Small data’ enables intimacy wormholes
Data-driven management:real-time data can drive positive behaviour change and allow people more autonomy
Reports are rear view mirrors, not motivators
Instead of studying a microcosm...
... we can now immerse ourselves in reality
A good example of open performance data
Where does this leave our ‘professional’ manager?
What motivates peoples’ actions at work?
How do we ‘manage’ people?
How do we ‘manage’ people?
Just the simple act of “publicizing” those numbers — not in a cruel way, but a “where are we at as a group?” way — has kept the support process on-task and, I think, made it a bit more like a video game.
Can ambient awareness improve performance?
What tools and filters do we need?
What does data-driven social business look like?
• Open data by default
• Social analytics applied internally as well as externally
• Collaborative insights >> action
• Greater self-management through access to real-time data
• Better find, subscribe and filtering tools for individuals
Image CreditsExcept where otherwise stated, photos courtesy of Flickr using Creative Commons license.Thanks to the following image sources:
http://www.panic.com/blog/2010/03/the-panic-status-board/http://i.imgur.com/mov2K.jpghttp://www.flickr.com/photos/featheredtar/2305070061/http://www.flickr.com/photos/aussiegall/364313299/http://www.flickr.com/photos/peasap/655111542/http://www.flickr.com/photos/davegray/5631289680http://www.flickr.com/photos/davegray/5681210156http://www.flickr.com/photos/walkadog/3353936487/http://www.flickr.com/photos/featheredtar/2302651444http://www.flickr.com/photos/katerha/4697206799 http://www.flickr.com/photos/marc_smith/5792697486/http://www.wwtid.com/2012/11/18/the-big-pivot-part-3/https://harperreed.org/photoshttp://i.imgur.com/Mev10.jpghttp://upwithchrishayes.msnbc.com/_nv/more/section/archive?author=salgentilehttp://www.ft.com/cms/255f6de0-97d1-11e0-9c37-00144feab49a.jpghttp://www.flickr.com/photos/exfordy/123900378/http://www.flickr.com/photos/davegray/8194170066http://www.flickr.com/photos/davegray/6865783407http://www.flickr.com/photos/davegray/6416285269http://www.flickr.com/photos/davegray/6416285535http://www.gameaddictionblog.com/images/smb.jpghttp://www.supermariowallpapers.com/super-mario-koopa-castle-wallpaper-800x600http://i.imgur.com/Pw2Nr.jpghttp://www.flickr.com/photos/seier/3338169165https://www.gov.uk/performance