Showing posts with label Something I Read. Show all posts
Showing posts with label Something I Read. Show all posts

Wednesday, January 16, 2013

Working on Big Data in business? Hire a physicist


In a post back in November, Big Data was outlined and explored based on an event delivered by Xconomy in Boston. 

A theme that I recognized during that event was that Big Data challenges require resources that are scarce in the marketplace.  From the ability to write the code required to deal with these huge data sets, to data scientists that will be charged with making sense of the data and helping to derive value from it, specialized professionals will need to work alongside business analysis, program and project managers to deliver value within standard business operating cycles (annual budgets, processes, etc.)

The McKinsey Global Institute, in a comprehensive paper from June 2011 Big data: The next frontier for innovation, competition, and productivity, put forth that a significant shortage of talent will constrain the derivation of value from big data: http://www.mckinsey.com/insights/mgi/research/technology_and_innovation/big_data_the_next_frontier_for_innovation

A recent WSJ blog post, Data Scientists Will Unlock Big Data’s Promise included some interesting info about one type of the specialized resources, data scientists, “Data scientists should have a hybrid set of skills: the IT skills that are necessary to deal with and analyze vast amounts of data; and the subject matter skills needed to know which valuable business insights can be extracted from the data, and how to best frame the questions and build the right model that will reveal these insights.

Focus on the science aspect regarding this burgeoning business objective highlights the scientific method we all remember learning in school.  Some of the key components include systematic observation, gathering information, and empirical testing or measurement. 

Also cited in this piece was What is data science?* by Mike Loukides of O’Reilly Media.  According to the experts interviewed for that article “the best data scientists tend to be physicists and other scientists” with some very logical and compelling reasoning (see the entire WSJ post that cites Loukides article)


The reason this, in particular, is compelling is that I’ve worked with some highly intelligent and capable people that were absolutely interdisciplinary and versatile in my 15 years of professional experience, but I’ve never work next to, or in the same building, as far as I know, as a physicist.  Now I know this is not a call to all physicists to abandon their pursuits to come solve big data challenges, but I don’t believe that business, in general, has embraced that classic scientific brains and methods are needed when attacking big data objectives and challenges.

Maybe the next personal development task I take on will be to enroll in a Physics 101 class.

Wednesday, September 12, 2012

Jazz, listening, and leading in our work lives


OK, so if you haven’t spotted an early theme, often times this blog offers perspective on someone else’s article because, frankly, reading something interesting gets me thinking.  Today is no different.  Recently, a specific headline caught my attention - What biz leaders can learn from jazz


The uniqueness of this article, in particular, started my mind running in several related, but somewhat different directions.  Please forgive me if this post is a bit scattered…

Everyone can’t be a leader
Most people don’t want to be identified as a “follower” for obvious reasons, so let’s take that as a given.  Yet if you step back from things, we are all followers in different aspects of our lives.  Even generals or CEOs, when they are at home, when they go to church, or at some point in their everyday lives need to follow. 

So, applying this professionally, almost everyone has to balance leading and following in their workplace.  The first part of this article was refreshing, because it makes an attempt to deal with the real world, practically, as opposed to espousing an unrealistic notion that ‘everyone can become a leader and here’s three easy steps how to do it.’ 

One quick aside:  I love the bit about the cult of superstar CEO leadership and how the media and society has been fawning over CEO superstars for the past 25 years or so.  I’ve been put off by the notion that shareholder value and meeting quarterly guidance is the only thing.  I’m encouraged that some attention is being paid to leading for long-term growth of late, based solely on my personal observations.  I can’t help but recall a time tested lesson that was imparted on me by my parents – everything in moderation - as good rule of thumb.

Let me shift to the idea of following.  Per the author “Jazz shows us followership can be not just satisfactory work but a noble calling.” I don’t want to spoil the original article so, again, please take a minute to read it


This notion and how it’s explained hits home for me and my place in Centric Consulting in a number of ways

Part of an ensemble
In Centric Boston we are still in the stages of establishing our brand, footprint, and differentiation in the market.  There are consultancies big and small, with comprehensive and specialty offerings, with which we are competing.  And while I know some important ways how we are different, these differentiators are subtle, underlying our overall purpose as a firm, but not overtly displayed in a snazzy tagline or sound bite.  So what hit me, as I read this article, is that we are absolutely working as a jazz ensemble as we ‘perform’ here in Boston.  We listen to each other, and that is part of what’s exciting for me as a member of the team. 

“There’s no clear road map that tells people how to act in order to coordinate with one another.”

Our way forward, in the context of providing consulting services in Boston, has led us to consistent progress (which includes some trial and error).  We’ve adapted based on external circumstances and internal resource aptitude.  We’ve capitalized on some opportunities and missed others (some we know about and some, I’m sure are still blind to us).  I didn’t know this when I joined the Boston office as an early employee, but I’ve come to learn that, room to breathe, improvisation, and being who you are as a consulting professional is accepted, if not explicitly encouraged.  So, based on experience, that’s a key differentiator. 

Generous listening is even better than active listening
Centric Boston may be newish, but we are operating in the context of a medium-sized, growing consulting firm.  Centric Consulting has 8 local offices and 2 national practices, with over 400 delivery consultants that have experienced wonderful success in business verticals, service offerings, and geographic marketplaces. 
And you know what? - I can say almost the same thing for at least half a dozen consulting firms in Boston alone, who knows how many nationally.  But, again, here’s what struck me from the article:

“But generous listening does mean being acutely aware of where the other is heading – of someone else’s sense of future possibilities.  There is a selfless suspension of ego in these moments when you make the other primary and seek to further his or her contributions.” 

Centric is a self-described flat organization.  Beyond that, the differentiator is that we work hard to collaborate across the firm.  Cross-company collaboration resulting in the sum of the parts being greater than the whole is often a nice idea but is very difficult to achieve.  What I’ve experienced at Centric is delivery on this promise.  It’s not perfect, because perfect information sharing and a lot of variables can get in the way, but effort is put in.  It is part of our culture to collaborate and assist, even if it’s for other offices or resources in our firm.  I can think of 4 examples off the top of my head from the past 6 months where this happened.  I won’t write them here for fear of losing your attention but ask me about this if we ever cross paths. 

Finally, the generous listening thing is pretty huge in the way we serve our clients.  I’ve seen it listed simply as we’re “easy to work with”.  But that means so much when you live it.  It means that we don’t steamroll into a consulting opportunity, business challenge, or project and leave a mess in our wake because ‘WE ARE THE EXPERTS’.  There’s no chest thumping or singular approach to success.  We bring expertise, are adaptable, and look to partner with our clients on solutions while maintaining accountability for the results. 

We try to stay “…acutely aware of where the other is heading – of someone else’s sense of future possibilities.” 

These differentiators may be subtle, but they are no small thing.  Don’t get me wrong, there is still tons of progress to be made and it’s taken me a while to feel these differentiators on my own but they’re there.  It’s fantastic and inspiring when something you come across helps to crystalize your own thoughts on a topic, which is what this article did for me. 

So to tie this up, I know jazz is not for everyone.  I happen to like it, well at least the classic jazz.  Like it or not, the next time you hear a jazz tune, try to hear how often times each artist gets his or her chance to solo or shine while the other players are supporting him or her.  It’s a nice way to think about how to approach your next work challenge.

Tuesday, July 31, 2012

Unlimited Vacation...We've got that!

I recently noticed an article on the Yahoo Finance Blog that does a great job of highlighting the benefit offered by some employers of unlimited vacation time.



Centric offers unlimited vacation time and, for my part, I do find it better than traditional policies that have pre-determined time that can be taken based on employee level and other factors. Ultimately, it's not because I take more time off than I used to, but more about not having to worry about vacation time tracking or planning, allowing me to focus on the balance of living my life.  

I don't get to the last month of the year and say "Ugh, I still have two weeks left to take or I lose the time." or "I'd love to take two weeks off to go to a once in a decade family reunion, but need to save a day for after Thanksgiving for clean-up".  As long as it works in the context of my clients' expectations and delivery schedule, it's just a matter of me managing my time effectively.

Having read the article, I became interested in my behavior and found that last year I didn't take any more time than I had at previous companies.  So for me, "unlimited" vacation policy is liberating.  It's nice to know it's there.  I'm sure one day I'll use more time, for some special circumstance, so I'm happy that our policy and my company supports me and provides this benefit.

What do you think?

Tuesday, June 19, 2012

In consulting the Fox and Hedgehog are pals

You may be familiar with the idea of the fox and the hedgehog adapted from the ancient Greek poet Archilochus.  Just in case you are unaware, the notion is the fox knows many things, but the hedgehog knows one big thing.  This concept has been applied, famously by Jim Collins in his book Good to Great, outlining the virtues of hedgehog.


Don't worry, I won't argue the logic of a best selling author but I will point out a recent blog post from Harvard Business Review that I noticed while on LinkedIn:

http://blogs.hbr.org/cs/2012/06/all_hail_the_generalist.html

What I took from the post was that while the hedgehog, or specialist, has been the dominant resource type in the knowledge economy, the author makes the case that the time of the fox, or generalist, may be coming.  I'll let you read the rest on the link provided above.  I'll be honest, I'm sure the main reason I was drawn in by this opinion is that I consider myself a generalist and at times I've struggled with this moniker.  I've struggled because I see real, meaningful value in the role of the generalist and not necessarily second chair value.  Generalist, utility player, jack of all trades are descriptions that minimize or water down the value of this type of person or resource.  That debate of specialist vs. generalist is probably best reserved for a night at a pub along with the debate on all time greatest hitter in baseball and best action movie.  The beauty of a balanced consulting firm is that there should be resource strength in both camps and that allows for successful teams to be formed to deliver based on client needs.  In some cases, clients' need strong utility players and some strong analysts to get stuff done quickly and accurately.  In other cases, clients' need deep expertise and pinpoint skills to provide an answer to a complex problem.  Finally, in many more cases, a client needs a solid mix of both.

A firm that can present those solutions and, more importantly, the resources to deliver the solutions may be well on it's way to being GREAT in Jim Collins view.

Friday, June 15, 2012

We don't think in bullets

As consultants, and business professionals, being concise is prized, if not outright demanded, and there's good reason for this.  Information is flying around, the day brings changes and challenges that need to be dealt with, so getting to the point makes sense.

That's why sometimes it's nice to take a moment and write out a thought or share an opinion long-hand if you will.  Sharing opinions and telling stories is a consistent communication outlet across all cultures.  The business world is no different.  Think of the best presentations you've seen or heard and odds are story telling was central to the presenter's approach.

I find it's also important to take a break from the slides we live by and read an article, column, blog, or op-ed once in a while.  For me, it provides a needed mental diversion but also gets me thinking, and in some cases, provides the jolt I need in attacking the rest of the day.  It also can provides the inspiration needed to deal with the next business challenge.

Hopefully, this blog will provide you a professional outlet or channel for you to take a break read and respond with some of your own thoughts.  Looking forward to reading them!

With that, I recently read an article from Fortune/CNN on an essay project, "Harvard's Portrait Project" started 10 years ago by an MBA student.

Take a look if you're so inclined:

http://management.fortune.cnn.com/2012/06/05/what-graduating-harvard-mbas-are-really-up-against/