Leading by weak signals : using small data to master complexity / Peter Gomez and Mark Lambertz.

Format:

Book

Author/Creator:

Gomez, Peter, 1947- author.

Lambertz, Mark, author.

Series:

De Gruyter transformative thinking and practice of leadership and its development ; Volume 5.

De Gruyter Transformative Thinking and Practice of Leadership and Its Development Series ; Volume 5

Language:

English

Subjects (All):

Economics--Computer simulation.

Economics.

Economics--Data processing.

Information technology--Management.

Information technology.

Physical Description:

1 online resource (234 pages)

Edition:

First edition.

Place of Publication:

Berlin, Germany : Walter de Gruyter GmbH, [2023]

Summary:

Master complex problems and face radical uncertainty by unleashing the power of small data Is your business using data to its optimum potential? In complicated well-structured problem situations, executives rely on Big Data. However, when faced with complexity and uncertainty they are challenged to skillfully handle Small Data. Leading by Weak Signals argues that impending dangers, new business opportunities or innovative ideas may be missed when data are classified as simply not "big enough." This insightful book with its new approach initiates a radical shift in perspective from running the business to changing the business. While Big Data are very well suited to run a business efficiently, Small Data lay open phenomena which are connected to transforming a company, like inflection points, scale changes, or critical transitions. The authors present practical business examples and an 8-step framework to implement their ideas in teams and on the individual level. This offers reflective practitioners a guideline for leveraging the enormous potential of weak signals for effective strategy development and operational execution in times of uncertainty - and gives them the competitive edge they need to succeed.

Contents:

Intro

Advance Praise for Leading by Weak Signals

Foreword

Contents

Prologue

1 Mastering complexity: The emerging shift to Small Data

2 Detecting weak signals and their underlying patterns

3 Crafting "Leading indicators" and their narratives

4 Navigating for impact: Weak signals in action

5 Anchoring the weak signal spirit

Epilogue

References

List of figures

About the authors

About the series editor

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

3-11-079788-7