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The New Know: Innovation Powered by Analytics (Wiley and SAS Business Series)
 
 
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The New Know: Innovation Powered by Analytics (Wiley and SAS Business Series) [Hardcover]

Thornton May (Author)
4.4 out of 5 stars  See all reviews (10 customer reviews)

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Book Description

September 28, 2009 Wiley and SAS Business Series (Book 23)

Learn to manage and grow successful analytical teams within your business

Examining analytics-one of the hottest business topics today-The New KNOW argues that analytics is needed by all enterprises in order to be successful. Until now, enterprises have been required to know what happened in the past, but in today's environment, your organization is expected to have a good knowledge of what happens next.

This innovative book covers

  • Where analytics live in the enterprise
  • The value of analytics
  • Relationships betwixt and between
  • Technologies of analytics
  • Markets and marketers of analytics

The New KNOW is a timely, essential resource to staying competitive in your field.


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Editorial Reviews

From the Inside Flap

The big contemporary headline-grabbing news today is the aftershock and post-meltdown anguish regarding what senior executives did not know about this fraud or that risk, those employees, that cash flow, their carbon footprint, and, not surprisingly, all those customers.

The next big story, the headlines you and your team will be creating after reading premier IT communicator and futurist Thornton May's new book, The New Know, will be all about what can be known, what must be known, and, most important, what actions you will take because you know. This is the power of business analytics.

Revealing the analytics community as never before, May builds upon years of fieldwork to bring us a fascinating look at this community, which does important, exciting work affecting every aspect of your organization's life. This is a book about people you should know—and know about.

The first vernacular ethnographic and anthropological study of the analytics community, The New Know provides a map to the universe of analytics and puts the spotlight on the substantive and courageous work analysts do to make your company a better place.

This visionary book covers:

  • What the art, act, and science of knowing really is

  • The professionals at the beating heart of business analytics

  • How the rapid rise in data, the brisk expansion of tools, and maturation of information management processes are changing various vertical markets

  • How analytics creates measurable value

  • How innovation happens in complex organizations today

While data analysis has been used in business since the dawn of the industrial era, number crunching was left largely to the statisticians. Celebrating the tools, processes, people, and practices of business analytics, The New Know reveals how to create information-based competitive advantage.

From the Back Cover

Praise for The New Know
Innovation Powered by Analytics

"Human history reflects our long—and by no means completed—ascent from the darkness of ignorance to the light of knowledge. Thornton illuminates the knowledge explosion which itself is a critical part of what we must know next."—Alvin Toffler, author and futurist

"Be forewarned: reading Thornton May's The New Know will make you think you've spent your whole life in Plato's cave, staring at shadows on the wall. But do not despair: Thornton will take you by the hand and guide you into the sunlight. There, you'll understand that we are bobbing in an ever expanding ocean of data, and that learning to analyze it is critically important—like learning to swim."—Lew Hay, Chairman and CEO of FPL Group, the nation's No. 1 producer of renewable energy from wind and solar power

Understand the critical competency of the age: business analytics

Today's high-performing organizations are dealing with diverse issues, a wider range of regulations, and heightened global competition.

So with all these issues, why embrace business analytics? Easy . . .

  • The rules have changed

  • Customer expectations have changed

  • Regulatory expectations have changed

  • Societal expectations have changed

  • Performance expectations have changed

  • Possibilities have changed

Futurist and leading IT communicator Thornton May makes a convincing case for why organizations need to find innovative ways to exploit technology and operate consistently better than their competitors.

We are standing at a hinge of history, on the cusp of entering a new age—the age of The New Know, an age when just showing up is not enough.

Both a time period and a social reality, The New Know is all about moving your organization beyond just having the data, to knowing what you need to know and when you need to know it.


Product Details

  • Hardcover: 256 pages
  • Publisher: Wiley; 1 edition (September 28, 2009)
  • Language: English
  • ISBN-10: 0470461713
  • ISBN-13: 978-0470461716
  • Product Dimensions: 9.3 x 6.4 x 0.9 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Best Sellers Rank: #301,783 in Books (See Top 100 in Books)

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Customer Reviews

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Average Customer Review
4.4 out of 5 stars (10 customer reviews)
 
 
 
 
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10 of 10 people found the following review helpful:
3.0 out of 5 stars The New Know, June 26, 2010
This review is from: The New Know: Innovation Powered by Analytics (Wiley and SAS Business Series) (Hardcover)
An uneven book, The New Know discussed the importance of analytics while

substantiating its argument using an ethnographic approach, filled with

anecdotes, personal observations, and subjective opinions. It included in its examples of corporations

that represents "a transformed world", GE, a company that lost half

of its value during the derivative debacle, which left this reader confused.

Another example, a doctor using Google to diagnose a patient's illness,

hardly provides a sophisticated analysis of medical treatment.

As an information technology professional, I totally agree with the premise

of this book on the importance of knowing and analyzing your customer, employee, and

business processes. I would suggest reading the books cited heavily in

the notes.
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9 of 10 people found the following review helpful:
5.0 out of 5 stars Thornton Makes 2010 the Year of the Analyst, January 13, 2010
By 
This review is from: The New Know: Innovation Powered by Analytics (Wiley and SAS Business Series) (Hardcover)
For over 20 years, Thornton has been a consummate advocate for innovation science and the fruition of the role of the CIO in the Fortune 1000. He is an expert in organizational behavior, c-suite engagement and the kind of leadership practices that get the entire organization focused and engaged.

In The New Know Thornton clearly reminds us: it's about the people, people. This text will carry the profession and practice of analytics forward in a way that only Thornton could champion the cause.

Those familiar with Thornton May know that his work puts the capital W in wit, so of course, the book is engaging, charming and full of anthropological anecdotes that will make you chuckle in your plane seat. If you haven't sat next to Thornton, he is the guy with the bow tie that everyone wants to know. He's a futurist that won't give you the answer, but will twist your brain until you take his tools and define your own destiny.

If you're a business leader whose been burned by bad data, got spreadsheets coming out the ying-yang, regularly find your self on the defense about consultation expenses - and still you need better data from the people in the room - take Thornton's course in channeling the organization's inner analyst.

If you make your living as an analyst, for goodness sake, buy the book and make a decision that 2010 will be the year of the analyst. And then make sure you get in a room with Thornton soon. He's on the road over 250 days a year.
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5 of 5 people found the following review helpful:
4.0 out of 5 stars A strong book for executives and data analysts alike, November 17, 2009
This review is from: The New Know: Innovation Powered by Analytics (Wiley and SAS Business Series) (Hardcover)
"Time and again I come back to the base reality that what we have to know - what society and the workplace says/thinks we have to know - has expanded past the point of what an unaugmented individual mind can know." p 215.

This is, to me, the baseline theme of Thornton May's new book on what the "New Know" is about. For those that don't know Thornton, he is a Futurist in the IT space, and speaks at an alarmingly fast pace publicly. I think that's why I enjoyed the text; his writing packs in a huge amount of insights, comparisons, and parallels into the book. One of Thornton's goals is to try to expose the inner workings of the "data analyst" - us folks that try to learn from information, gathered from data. If you're in that camp, the book will be a pep talk. If you've read several business intelligence strategy books, some of the information here will be known to you, but I found his presentation so energetic, I didn't mind :)

For executives, it's an excellent primer on how to think about the value (or non-value in some cases) of data for future businesses. If you've not read Competing on Analytics (Davenport, Harvard Press), you'll get a 'kick in the rear' talking to in this book on using data to differentiate or lose out. (I recommend Competing on Analytics before or after reading this text.)

Many of us feel like we are in a state of, in Thornton's words a "permanent state of attention deficit disorder" when it comes to digesting information. The New Know suggests a new way of filtering and understanding reality.
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