Monday, April 1, 2013

Decision Agility and the Dream of Big Data



Don’t get me wrong…I love data like only geeks can.  But even I get cross-eyed at some of the proposals going around now about accountability and benchmarks and comparison tools.

Imagine with me, please, what our enterprise data systems would look like if we were able to gather, store, organize, and retrieve all the data that our many analysts inside and outside the academy have suggested.  Never mind the significant state and federal data collection efforts. 

I do dream of huge multidimensional cubes of data waiting to be mined for nuggets.  I salivate like Pavlov’s anticipatory canines at the possibility of predictive modeling using all possible variables.   

Yet if we actually had all that data, would we really be able to use it to make sensible recommendations on a reasonable timeline?

Alas, probably not.  In the current web-mediated world, information is plentiful.  How much of it can we absorb, utilize, or make sense out of?  

Collecting the data is only the first step of a full scale process.  Data have to be cleaned, organized, and presented in a format and fashion understandable to the audience. All this is complicated by an overabundance of data.  It requires humans with the training and talent to choose and deploy data to maximum effectiveness.

The result is that we become slower to process our information, slower to make it into usable data, and slower to interpret the streams of data now at our disposal.  This is no service to the academy.   

Wise decisions rest upon data gold, but if we spend our limited resources on gathering every straw, spinning it into actionable form may suffer from a need for magical rather than procedural solutions.

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