Are Your Processes Holding You Back from Big Data Benefits?

If your big data efforts are flagging, one problem may be that your processes are in the way, according to a recent article by McKinsey “In more established organizations, management-approval processes have not kept up with the advancements in data analytics,” writes David Court. “For example, it’s great to have real-time data and automated pricing engines, but if management processes are designed to set prices on a weekly basis, the organization won’t be able to realize the full impact of these new technologies.”

While that isn’t a surprising observation (what big IT initiative doesn’t upend existing workflows?) major technology shifts have a way of uncovering standard operating procedures that may not have been questioned for long time. What are some business process changes you discovered you need to make to move your big data initiatives out of the experiment stage? How are you managing these changes?

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Elana Varon

Independent Contributor

Elana Varon is an award-winning editor with more than 20 years of experience writing about IT and facilitiating conversations among CIOs. Her coverage of technology, IT-enabled business innovation and the CIO role have been recognized by American Business Media, the American Society of Business Publication Editors and Media Business. As executive editor of CIO magazine from 2006-2011, Elana led a team of writers, editors and designers to produce the industry-leading publication for business and technology executives. You can also find her on Twitter, LinkedIn and at her personal blog, Cochituate Media.

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