This insight will require a whole new set of business skills. Understanding and working with new technologies for big data collection, analysis and prediction will not create only huge opportunities for business, but also ethical, legal, privacy and technical issues concerning every part of the organisation. It will influence 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. It will demand a data driven focus of everyone involved.
Organisations transforming towards becoming data-driven are guided and supported by the eight-day ‘Leadership Challenges with Big Data and Analytics’ programme at RSM Executive Education. It connects professionals in technical- and methodology-oriented data science with professionals engaged in business analytics, links them to best business practices, and actively involves senior executives. This programme has been developed and organised by the Erasmus Centre for Data Analytics with a wide range of partners from the industry.