No matter what we think of Big Data, it’s here to stay and the potential it has feels limitless. How will you embrace data and use it engineer real change? What are you doing to think big about the type of data you have at your fingertips and then what to do with it?
Some data about “Big Data”:
· 90% of the World’s Data has been generated in the last 2 years (wow)
· Big data is projected to grow into a $53.4 billion market by 2017, up from $10.2 billion last year
· 70% of the digital universe – 900 exabytes – is generated by users
· 80% of the World’s Data is stored by Enterprises
· 65% of Sr. Execs say management decisions are increasingly based on hard analytic information
The Impact of Big Data on Society:
Big Data, in the hands of some very smart people, has the power to help us solve so many of society’s big challenges. Never before have we had this amount of data to apply to problems such as the economy, healthcare, or the logistics surrounding national disasters.
The impact of Big Data in our everyday lives:
In the course of a day, your experience and even your behaviors are feeling the impact of Big Data. For example, check your Facebook feed. You’ll notice 2 things immediately: It feels like you only see the same people’s posts and the ads on the right are related to things you might be interested in. Both of these experiences are the result of Facebook using Big Data applied to algorithms and recommendation engines to serve up what it ‘thinks’
Bottom line: algorithms and recommendation engines are EVERYWHERE and will only to continue to grow in importance and impact they have on our daily lives.
How Big Data will change talent strategy
- We will use data science to identify the right people (inside and outside the organization)
- We will be able to hire for cultural fit and talent potential
- We will engineer better outcomes
- We will be able to keep and grow them
Jason Averbook is recognized as one of the top thought leaders in the space of HR, workforce and enterprise technology. He was named as one of the World’s 10 Most Powerful HR Technology Experts by HR Executive Magazine and currently serves as CEO of The Marcus Buckingham Company.
Jason brings with him over 20 years of invaluable experience helping organizations resolve common business problems through the use of innovative solutions. As one CEO has said about Jason, “He just gets it and can put it into language that we get.”
Jason is the author of HR from Now to Next and has been a contributor to Inc., Businessweek, Fortune, The Wall Street Journal, Forbes, CIO Magazine, HR Executive Online, Talent Management Magazine, NPR, SHRM, IHRIM and other well-known publications. He was named as one of the World’s 10 Most Powerful HR Technology Experts by HR Executive Magazine
Participants will receive a copy of Jason's Book
Ideal Audience: CIO / CTOs, HR Professionals, project managers, team leads, business analysts, executives, high potentials, emerging leaders, entrepreneurs, association members; anyone who is interested in how Big Data will affect talent strategy
*this program has been approved for HRCI credit