Archivio per 19 febbraio 2015


“Big Data is the fuel that will power human development in the future”

See on Scoop.itBounded Rationality and Beyond

Only five years ago the term ‘Big Data’ was confined to obscure tech blogs and IBM research papers. But today ‘Big Data’ is part of mainstream journalistic parlance, as a Google search for [“big data”] will quickly reveal.

So it seems that everyone understands what ‘Big Data’ means. Here’s how Wikipedia defines the term:

“Big Data is a broad term for data sets so large or complex that they are difficult to process using traditional data processing applications. Challenges include analysis, capture, curation, search, sharing, storage, transfer, visualization, and information privacy.”

While this definition is technically correct, for me it fails to convey why Big Data is important.

In this article I’ll take a shot at explaining why Big Data is not just ‘important’ but that it is literally the fuel that will power the next phase of humanity’s development.

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Prime Decision – Employee Loyalty and the Code of Silence

See on Scoop.itBounded Rationality and Beyond

Researchers conducted a series of studies to examine what made people become whistle-blowers. They asked a group of people to write a paragraph about a time when they had witnessed unethical behaviour and reported it. They got another group to write about an occasion when they had witnessed unethical behaviour and kept silent. Both groups had to explain why.

They found that the whistle-blowers used ten times more words related to fairness and justice, than non-whistle-blowers, who used twice as many terms related to loyalty. The evidence suggests that loyalty impulses may conflict with reporting bad behaviour.

How can this finding impact employee behaviour?

The researchers suggested that if we want to encourage people to share their concerns, be it about anything from theft, fraud to sexual abuse, we should emphasise the concept of fairness in our communications. Within an organisation, this could be anything from mission statements, codes of ethics, job profiles or marketing communications. You could also nudge those who highly regard employee loyalty to come forward by re-framing whistle-blowing in terms of the greater good.

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Time is real? I think not

febbraio: 2015

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