Use systems thinking to analyze complex problems
- Gather data from multiple points to gain insights into complex problems. You may use big software to analyze voluminous amounts of information and further understand the problem.
- Ask the right questions. Ask questions such as: Are we defining the right problem? Do we have the right data? What are the assumptions behind the algorithm the data gets fed into?
- Use data to gain insights, but also use intuition. Data helps gain insights, but people with a wide-ranging curiosity and whose innovation is guided by their own experience are equally important.
- Be aware of the limitations of big data. Be aware that the mathematical models embodied in big data are just simplifications; those who place too much confidence in their results can be fooled. Make sure to exercise caution when using data and try to find other legitimate sources rather than relying on the data alone.
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