MODULE: The Big Data Revolution
DISCUSSION GUIDE
1. What is your definition of big data?
2. How do your company’s competitors use big data or analytics? How do companies in similar
industries use big data or analytics? How can these analytics create a competitive advantage?
3. How can big data or analytics help your company develop new revenue sources? How can big data
or analytics improve your products or services? Is this included in your company’s strategy?
4. How can big data or analytics help your company reduce costs in your company’s operations? Is this
included in your company’s strategy?
5. How can insights from big data be brought to committee or full-board meetings? How can these
insights be used internally to improve the effectiveness of board oversight and decision making?
6. What is the cost/risk tolerance for your company as it relates to the use of big data? How has that
been communicated to the organization? How do you know it has been followed and controlled?
7. What programs are in place regarding risk management, governance, and oversight of analytics and
information? Who is responsible for this? How is this risk qualified, quantified, reported, and
monitored? What level of risk information should make its way to the boardroom?
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