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EXECUTIVE EDUCATION ROTTERDAM SCHOOL OF MANAGEMENT ERASMUS UNIVERSITY LEADERSHIP CHALLENGES WITH BIG DATA Turning data into business EIGHT-DAY PROGRAMME BUSINESS WAS USUAL “Exploiting big data requires fundamental rethinking of how we do business.” Prof. Eric van Heck

24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

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Page 1: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

EXECUTIVE EDUCATION

ROTTERDAM SCHOOL OF MANAGEMENTERASMUS UNIVERSITY

LEADERSHIP CHALLENGES WITH BIG DATATurning data into businessEIGHT-DAY PROGRAMME

BUSINESS WAS USUAL

“Exploiting big data requires fundamental rethinking of how we do business.”

Prof. Eric van Heck

Page 2: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

LEADERSHIP CHALLENGES WITH BIG DATA

Organisations increasingly use big data to reinvent their business. Big data brings disruption to industries and organisations and can revolutionise the way we do business. Big data also influences customer relationships, redefines how firms develop new products and services, changes how operations are organised and managed, improves demand and supply networks, and provides the basis for new business models. New technologies for data collection, analysis and prediction create huge opportunities, but also ethical, legal, technical and business risks.

The eight-day programme Leadership Challenges with Big Data

supports organisations in their transformation towards a data-

driven company. It connects professionals in technical- and

methodology-oriented data science with professionals engaged in

business analytics, and links them to business’ best practices with

senior executive involvement. This programme is developed and

organised by the Erasmus Centre for Data Science and Business

Analytics.

PRACTICAL INFORMATIONDates: Please see our website for the programme dates.

Length: 8 days

Fees: The fee for individual participants for the eight-day pro-

gramme is ¤ 6,450. This includes course materials, access

to the e-learning platform, lunches, two dinners and the

social activities. Discount rates apply, depending on the num-

ber of participants per organisation. The table below shows

the cost for signing up as a company team, depending on the

number of participants following the programme. The costs

for teams with more than five participants equals team cost

of five participants plus ¤ 5,500 per additional participant.

Number of Cost per Cost for partner

participants participant organisation

1 ¤ 6,450 ¤ 6,450

2 ¤ 6,250 ¤ 12,500

3 ¤ 5,950 ¤ 17,850

4 ¤ 5,750 ¤ 23,000

5 ¤ 5,500 ¤ 27,500

Location: Rotterdam School of Management,

Erasmus University

Language: English

Certificate: Rotterdam School of Management,

Erasmus University

Admission: Please see our website www.rsm.nl/lcbd.

Information: Dr Marcel van Oosterhout,

Senior Project manager

T +31 (0)10 408 8816

M +31 (0)6 48632174

E [email protected]

After successful completion of the programme you will become a

member of the alumni network of Rotterdam School of Management,

Erasmus University.

WWW.RSM.NL/LCBD

Page 3: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

LEADERSHIP CHALLENGES WITH BIG DATA

LEARNING OBJECTIVESThe learning objectives of the programme are:

to provide high-potential professionals engaged in data

science or business analytics with academically sound, new

ways to apply big data technologies and methods to design

and implement innovative and winning business applica-

tions

to improve the business skills of technically focused data

scientists by exploring business thinking, business case

creation, and investigating problems from a business angle

to improve the technical skill set of business analysts as

they acquire new knowledge and understanding of data

science methodologies and techniques

to provide a cross-industry learning platform for these

professionals to learn from experiences in other, relevant

industries

to broaden data scientists’ and business analysts’ under-

standing about privacy and security in order to provide solid

data-driven business applications

to engage participants and their senior executives and

supervisors as a basis for implementation of the developed

business applications.

WhO IS IT FOR?The programme brings together professionals from various

companies and industries:

professionals engaged in data science, who are technically or

methodology oriented

professionals engaged in business analytics, who work with

business models and applications

senior executives and supervisors of participants, as sponsors

of big data use cases.

The programme is relevant for companies in finance and

insurance; consulting; transport; consumer products and

services; media; information and communication technology;

energy; and retailers. Professionals who are active in non-profit

organisations and governments, for example if you are working

on smart city concepts, will also benefit from this programme.

EXCLUSIVITYTo guarantee an open collaborative atmosphere during

the programme, where ideas can be shared and discussed

freely among the participants, the programme is open to

teams coming from different industries. Acceptance into the

programme is based on the date of registration confirmation

by the participating organisation and the size of its team. If

several companies from one industry want to participate, they

can reserve places in a next series. Consultancy firms have no

exclusivity rights into the programme, it is open for various

consultancy firms to participate.

BLOCk 1: INTRODUCTION AND PREPARATION SESSION

Block 1 consists of 1.5 day preparation

sessions, focusing on terminology,

leadership challenges and readiness of

companies, including their enterprise

architecture and digitised platform,

case studies from other companies,

and short presentations of participating

companies. Every company will bring in

at least one case study, which will be the

red wire for team participants to work

on during the programme and apply the

learned concepts to their own context.

BLOCk 2:

CORE PROGRAMME

Block 2 is a five-day programme, during

which participants explore the data-driven

company, discusses technologies for

analysis, prediction and visualisation,

business case considerations, change

management, and implementation. On

the last day of block 2, senior executives

from the companies receive a state-of-the-

art update, and each group’s case study

results will be presented to them.

BLOCk 3: COME BACk SESSION

Block 3 is a one-day session to review the

latest developments and evaluate how

the company has progressed with their

own big data applications. It is set up

in blended learning format. During and

after the course there will be access to

a blended learning system with content

from Erasmus University Rotterdam and

other universities, including self-tests,

and relevant short courses and tutorials

to ensure a common, basic and individual

capability set.

Programme design

Page 4: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

Marketing analytics

Business operations

Supply chainmanagement

Transport mobility

HR & learning analytics

Governance

• integrate datasolutions in theorganisationand businessnetwork

• achievestandardisation

• manage datasecurity anddata privacy

ExploitationMethodologies

• new analyticalprocessingmethods, such assmart algo -rithms, datamining, socialmedia mining,predictivemodeling new visualisa -tion methods

•s

Opportunities

• identify dataopportunities

• formulatebusinessproblems

• use externaland internalcompany data

• collect mobile,web andoperational data

m•

• support decision making

• optimise businessoperations

• develop newbusiness modelsbased on data-driven insights

Page 5: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

Module 7: Presenting and selling big data results How to read data science results How to present results to business Speak the language of CEOs Work on company assignment

DAY 5Module 8: Company assignments: discussion using data analysis and visualisation tools

Present and discuss company assignments Share initial ideas about business cases

Module 9: Business models and the value of information Business models and the value of information Stakeholder analysis Investment portfolio and review Work on company assignment using a business case template

DAY 6Module 10: Ethical, legal and privacy challenges

Ethical challenges when using big data Privacy and security considerations and legislation

Module 11: Implementation – changing your company into a data-driven company

Culture and change management Implementation approaches Management game: data-driven transformation

DAY 7Module 12: Recap leadership challenge with big data

Briefing and overview of programme for participants and their senior executives and supervisors

Lessons learned from practice

Module 13: Presentations and final discussions Participants present the results of the group work for the company-

specific applications of big data as a pitch to company executives Group discussion

EveningClosing dinner

BLOCk 3: COME BACk SESSION

DAY 8Module 14: The latest state-of-the-art developments

Review the latest state-of-the-art developments in big data applications and business models

Evaluate participants’ progress with their big data applications

Module 15: Company-specific data applications Reflection on company-specific applications of big data Presentation of results of company-specific big data applications

and in class discussion. These can include initial prototypes, results of analytics studies, business case calculations, videos, and should address the topics presented during the course work.

BLOCk 1: INTRODUCTION AND PREPARATION SESSION

DAY 1Module 1: Introduction to Leadership Challenges of Big Data

Welcome participants Leadership in the digital age Challenges for data-driven companies Best business practices: success factors, and impact on

business, industry and society Introduction to company cases and assignments, learning format

EveningWelcome dinner

DAY 2 Module 2: Enterprise architecture for data-driven companies

Agile companies and their enterprise architecture and digitised platform

Closing the loop: sensing, storing, analysing, responding, learning

Agility scorecard Mind the gap: business analysts and data scientists

Module 3: Maturity of data-driven companies Big data-savvy companies: maturity and capabilities Successful big data projects: no time to waste New ways of working with big data Preparation company assignment and big data applications.

Company applications of big data will be focused on business to consumer, or business to business to consumer. Business to business can be included in case of linkages to the back office or warehouse. Senior executives will be linked as mentors.

Presenting preliminary ideas about applications of big data

BLOCk 2: CORE PROGRAMME

DAY 3Module 4: Current technologies for data analysis

Overview of key technologies and methods In depth presentation of advanced technologies

Module 5: Exploring and visualising big data How to summarise and explore big data Data visualisation technologies

DAY 4Module 6: Advanced technologies for data analysis

In depth presentation of advanced cutting-edge technologies by faculty members and representatives of selected participating companies, such as chief data scientists

Work on company assignment

Page 6: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

PROF. DENNIS FOk is an endowed professor of applied econometrics at the Econometric Institute, Erasmus

School of Economics (ESE). He specialises in developing models to describe, understand,

and predict decisions made by consumers. In his research, he often collaborates with

industry. Among his technical interests are modelling unobserved heterogeneity, market-

ing econometrics, and Bayesian statistics. Dennis’ research has been published widely in

peer-reviewed academic journals. He is also associate director of the Erasmus Research

Institute of Management (ERIM), and has supervised many econometrics master students

with business-related data questions.

PROF. ERIC VAN hECk is a professor of information management and markets at RSM. His research concen-

trates on the role and impact of advanced information systems and technologies helping

to solve complex societal and business challenges. He is working on sustainable ways of

working, multi-agent systems for smart energy grids, mobile banking platform ecosystems

for financial inclusion, and sustainable maritime logistical systems. Research is carried

out with innovative companies and universities in Brazil, China, Europe, Indonesia, and

the USA.

PROF. WOLF kETTER is a professor of next generation information systems at RSM. He is the founder and director

of the Learning Agents Research Group at Erasmus University Rotterdam. The goal of this

group is to research, develop and apply autonomous and mixed initiative intelligent agent sys-

tems to support decision-making in the area of business networks, electronic markets, energy

grids and supply chain management. His is also the founder and director of the Erasmus

Centre for Future Energy Business which enables robust, intelligent, efficient and sustainable

energy networks of the future. Wolf leads Power TAC, a new TAC competition on energy retail

markets. Since 2011 he has served as the chair of the IEEE Task Force on Energy Markets.

FACULTY

Faculty members of RSM and ESE combine impeccable academic credentials with a thorough knowledge ofbusiness practice. Selected for their ability and experience in executive teaching, they will draw ontheir research and knowledge to deliver a unique learning experience.

DR JAN VAN DALEN is associate professor of statistics in the Department of Technology and Operations

Management at RSM. He has a background in econometrics and obtained his PhD in

quantitative modelling of wholesaling. His main research interests are in quantitative

analysis of information, logistics, trade and organisational processes. Jan has been involved

in various research programmes, such as monitoring trade and traffic flows with CBS,

trade lane risk assessment in Cassandra, cross-chain collaboration in 4C4More/Dinalog.

He is the co-founder of the recently established Erasmus Centre for Data Science and

Business Analytics and co-director of E-Urban, and leads the Urban Big Data knowledge lab

in collaboration with the City of Rotterdam. In addition to research, he has extensive teaching experience in applied

statistics, forecasting and big data in bachelor, master and executive teaching programmes.

Page 7: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

DR MARCEL VAN OOSTERhOUT is senior project manager in RSM’s Department of Technology and Operations Management.

He is responsible for business development and project management, and a member of

the daily board. Marcel is also business director for the Erasmus Centre for Future Energy

Business. He received his PhD from RSM in 2010, for which he researched business agility

and IT in service organisations. A spin-off company called Agility Factor is currently under

development. His key research areas include IT applications in global supply chains and

freight transport; future energy business; organisational agility and the role of IT; and new

ways of working.

PROF. PETER VERVEST is a professor of business telecommunications at RSM. His key research areas include

decision science; network technologies and applications; business networks; competitive

strategy; and change management.

COLLABORATIVE PARTNERShIPS

PA ConsultingGroup

Page 8: 24870 Leadership challenges with big data · 2015-11-27 · The eight-day programme Leadership Challenges with Big Data supports organisations in their transformation towards a data-driven

Rotterdam School of Management,

Erasmus University (RSM)

is a top-tier European business school and ranked

among the top three for research. RSM provides ground-

breaking research and education furthering excellence

in all aspects of management. RSM’s primary focus is on

developing business leaders with international careers

who carry their innovative mindset into a sustainable

future thanks to a first-class range of bachelor, master,

MBA, PhD and executive programmes.

Rotterdam School of Management,Erasmus UniversityExecutive Education

Bayle (J) Building

Burgemeester Oudlaan 50

3062 PA Rotterdam

The Netherlands

Tel. +31 10 408 8633

Email [email protected]

WWW.RSM.NL/OPEN

15

07

. w

ww

.pan

art.

nl

© 2015 Rotterdam School of Management, Erasmus University. The information in this publication is correct as of July 2015, but RSM reserves the right to make changes affecting policies, fees, curricula, or any other matter announced in this publication without further notice. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without written permission from RSM.

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LinkedIn RSM Executive Education

Erasmus Center for Data Science and Business Analytics

is a joint initiative of various research groups within

Erasmus School of Economics (ESE) and Rotterdam

School of Management, Erasmus University (RSM).

The Center supports organisations in turning data

into business solutions. The center helps companies

to extract business value from their data. It also

presents a platform for knowledge exchange,

access to expertise, student interns, and offers

research-based solutions and innovations.

www.erim.eur.nl/dsba

Erasmus Centre for Data Science and Business Analytics

Mandeville (T) Building

Burgemeester Oudlaan 50

3062 PA Rotterdam

The Netherlands

Tel. +31 10 408 8816

Email [email protected]