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New Opportunities for a New Age Tim Suther

Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

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We live in the age of information, an era presenting enormous transformational opportunities for business, community and individuals alike. This session will highlight how organizations of all sizes and people from all walks of life can prioritize and pursue opportunities to perform better and to live life more richly. For more information on the Loras College 2014 Business Analytics Symposium, the Loras College MBA in Business Analytics or the Loras College Business Analytics Certificate visit www.loras.edu/mba or www.loras.edu/bigdata.

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Page 1: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

New Opportunities for a New Age

Tim Suther

Page 2: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age
Page 3: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Then

Page 4: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

By…Active learning

Reflective thinkingEthical decision making

Responsible contribution

Post Loras…“Top” CMO

Software company presidentDigital & analytics innovator

Industry advisor

Page 5: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

1 2

3 4Multiple simultaneous innovationsPervasive & disruptive transitions

A highly abridged history of mankind

Page 6: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Source: McKinsey

Page 7: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Source: McKinsey

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the future is already here — it's just not very evenly distributed.

Page 9: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

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Page 10: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Change will be faster and more profound

Source: Forrester Research

Page 11: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

…creating dislocation

Page 12: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

…changing relationships

Source: Nick Grossman, Union Square Ventures

Page 13: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

…enabling real business value

Sources: MIT, McKinsey, Acxiom, BMO, IDC, DMA

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…enabling better living

Personalized biofeedback and treatment

Control (and cure) disease

Enhanced safety

Find common causes…and love

Page 15: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

…and new career opportunities

Source: McKinsey

Page 16: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

…and we’re just getting started!!

SensorsMobility

Cloud3D printing

Page 17: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

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“If you don’t like change, you’re going to like irrelevance even less.”

General Eric Shinseki, Chief of Staff, U.S. Army

Page 18: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age
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Strategy First

Page 21: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age
Page 22: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Be purposeful

Serve customers. Make the world better.

Page 23: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Not everything that can be counted counts and not everything that counts can be counted

Page 24: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Create an analytics roadmap

Page 25: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Is this lamp post used to illuminate or support?

Ask the same question about analysis

Page 26: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age
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Maximize, protect & prioritize learning ability

Maximize

Intellectual humility

Redefine failure

Control your destiny

Protect

Math alone will be automated & offshored

Art & Science

Prioritize

More important than…

Your IQ

Your title

Your experience

Page 28: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Being prepared – summing it up

Strategy First

Be Purposeful

Analytics Roadmap

Learning Ability

Page 29: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

All good, but for someone else?

Page 30: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

UnclearValue Too Expensive

Lack Resources IT disruption

Impossible?

Page 31: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Think bigStart small Declining computing costs

Crowdsourcing The cloud minimizes IT impact

I’m possible

Page 32: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age
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When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy’.

They told me I didn’t understand the assignment

I told them they didn’t understand life. John Lennon

Page 34: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Seizing opportunity…not as hard (or expensive) as most think

Opportunities abound…more profound than most think

Do yourself a favor…increase your learning ability

Do the world a favor…be purposeful

Page 35: Loras College 2014 Business Analytics Symposium | Tim Suther: New Opportunities for a New Age

Q & A