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In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a bigdata challenge. To do so, automakers must: Think strategically and own the bigdata strategy. Establish and enforce data ownership rights among the appropriate constituencies.
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In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a bigdata challenge. To do so, automakers must: Think strategically and own the bigdata strategy. Establish and enforce data ownership rights among the appropriate constituencies.
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Schrage goes on to extol the values of experimentation and "bigdata" as methods to discover what customers really want, but here he loses me a bit. I worry that all the emphasis on "bigdata" will signal shifts that seem important but aren't, or miss factors that can't be captured in quantitative data.
The three “taken care of” are our focus on cost efficiency, change in regulations and government incentives and those three are imposed at levels so disconnected from the competitive forces at work globally, they are fixed on our own problems. In addition, data security is seen as inhibiting data-driven innovation (30 percent).
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Bain & Company published their 2015 Management Tools and Trends survey this summer (conducted in 2014). In this survey, they rate 25 popular management tools by usage and satisfaction every two years. Thus, it should give a fairly reliable view on how these tools prove their worth in practice. being highest possible grade).
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