Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

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We live in the age of information, an era presenting enormous transformational opportunities for business, community and individuals alike. This session will highlight how organizations of all sizes and people from all walks of life can prioritize and pursue opportunities to perform better and to live life more richly. For more information on the Loras College 2014 Business Analytics Symposium, the Loras College MBA in Business Analytics or the Loras College Business Analytics Certificate visit www.loras.edu/mba or www.loras.edu/bigdata.

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New Opportunities for a New Age

Tim Suther

Then

By…Active learning

Reflective thinkingEthical decision making

Responsible contribution

Post Loras…“Top” CMO

Software company presidentDigital & analytics innovator

Industry advisor

1 2

3 4Multiple simultaneous innovationsPervasive & disruptive transitions

A highly abridged history of mankind

Source: McKinsey

Source: McKinsey

8

the future is already here — it's just not very evenly distributed.

9

Change will be faster and more profound

Source: Forrester Research

…creating dislocation

…changing relationships

Source: Nick Grossman, Union Square Ventures

…enabling real business value

Sources: MIT, McKinsey, Acxiom, BMO, IDC, DMA

14

…enabling better living

Personalized biofeedback and treatment

Control (and cure) disease

Enhanced safety

Find common causes…and love

…and new career opportunities

Source: McKinsey

…and we’re just getting started!!

SensorsMobility

Cloud3D printing

17

“If you don’t like change, you’re going to like irrelevance even less.”

General Eric Shinseki, Chief of Staff, U.S. Army

Strategy First

Be purposeful

Serve customers. Make the world better.

Not everything that can be counted counts and not everything that counts can be counted

Create an analytics roadmap

Is this lamp post used to illuminate or support?

Ask the same question about analysis

Maximize, protect & prioritize learning ability

Maximize

Intellectual humility

Redefine failure

Control your destiny

Protect

Math alone will be automated & offshored

Art & Science

Prioritize

More important than…

Your IQ

Your title

Your experience

Being prepared – summing it up

Strategy First

Be Purposeful

Analytics Roadmap

Learning Ability

All good, but for someone else?

UnclearValue Too Expensive

Lack Resources IT disruption

Impossible?

Think bigStart small Declining computing costs

Crowdsourcing The cloud minimizes IT impact

I’m possible

33

When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy’.

They told me I didn’t understand the assignment

I told them they didn’t understand life. John Lennon

Seizing opportunity…not as hard (or expensive) as most think

Opportunities abound…more profound than most think

Do yourself a favor…increase your learning ability

Do the world a favor…be purposeful

Q & A

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