Today, more and more data is
integrated into strategic thinking. In a way that some people tend to think
that strategic thinking will become obsolete.
Gord Hotchkiss, the founder and
senior vice president of Enquiro, now part of Mediative does not agree. He
answers to Ray Rivera, Solutions Owner in the HR Line of Business at SAP, who
defends the idea that big data will replace strategic thinking.
They disagree essentially about the
definition of strategic thinking and the obsolescence of inference.
According to Ray Rivera: "As amounts of data approaching entire
populations become available, models become less predictive and more
descriptive. As inference becomes obsolete, management methods that rely on it
will likely be affected"
Conversely, Gord Hotchkiss think
that strategic is much more than just inference. He insists about the
importance of synthesis described as "the
true gold that strategic thinking yields". "Here, strategy is not
about filling the gaps in the information you have, it’s about using that
information in new ways to create something remarkable."
Indeed, there is a point over which it becomes impossible to deal with all this information, or it is not
meaningful. The integration of data in strategic thinking tends to follow a
logarithmic curve.
It's important to keep in mind that humanity has an important place in strategic thinking. Business is not simply science, but driven by intuition and vision, becomes art.
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It's important to keep in mind that humanity has an important place in strategic thinking. Business is not simply science, but driven by intuition and vision, becomes art.
More information
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