Strategic thinking is necessary to leverage big data effectively from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
To effectively harness the power of big data, organizations must employ strategic thinking. This means going beyond simply collecting and analyzing data, and instead developing a clear plan for how to use that data to drive decision-making and create value. Strategic thinking involves understanding the goals and objectives of the organization, identifying the key questions that need to be answered, and determining how data can be used to address those questions. By taking a strategic approach to big data, organizations can ensure that their data initiatives are aligned with their overall business strategy. This requires thinking about how data can be leveraged to achieve specific outcomes, whether that's improving operational efficiency, driving innovation, or enhancing customer service. Strategic thinking also involves considering the potential risks and challenges associated with using big data, a...
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