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- Herausgeber: Business Book Summaries
- Kategorie: Fachliteratur
- Sprache: Englisch
The must-read summary of Vivek Ranadive and Kevin Maney's book: "The Two-Second Advantage: How We Succeed by Anticipating the Future".
This complete summary of the ideas from Vivek Ranadive and Kevin Maney's book "The Two-Second Advantage" shows that the challenge of the future is to become better at predictive analysis. This summary highlights that if you can combine the right information at the right time and in the right context just far enough ahead, you have all the ingredients for success.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "The Two-Second Advantage" and become better at predictive analysis through a blend of talented brains and talented systems.
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Seitenzahl: 38
Veröffentlichungsjahr: 2014
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Book Presentation The Two-Second Advantage by Vivek Ranadive and Kevin Maney
Book Abstract
About the Author
Important Note About This Ebook
Summary of The Two-Second Advantage (Vivek Ranadive and Kevin Maney)
Book Presentation The Two-Second Advantage by Vivek Ranadive and Kevin Maney
Book Abstract
MAIN IDEA
Hockey legend Wayne Gretzky famously said he doesn’t skate to where the puck is now – he skates to where it’s going to be in the future and waits for it there. Commentators noted it was as if Wayne Gretzky was two seconds ahead of everyone else and that was enough of an advantage for Gretzky to become an ice hockey superstar and for him to lead the Edmonton Oilers to four Stanley Cup Championships. Like Gretzky, the most successful people in every field make high quality and accurate predictions just a little bit faster than everyone else. They anticipate what’s going to happen and act accordingly.
As it turns out, neuroscience and technology are today combining to make it possible for more accurate predictions to be made in many fields. The science of predictive analysis is becoming better established and applied. When these enhanced capabilities are combined with RFID sensors and reams of data which get generated by information technology, businesses are starting to have access to two-second-advantage technology.
Forget about trying to build a computer that thinks like the human brain. That’s yesterday’s news. Instead, the challenge of the future is to become better at predictive analysis through a blend of talented brains and talented systems. If you can combine the right information at the right time and in the right context just far enough ahead, you have all the ingredients for success.
“Two-second-advantage technology is arriving. These event-driven systems can form models by analyzing massive amounts of data, but they don’t rely on accessing all that data all the time. Borrowing from the way the human brain works, these systems are predictive – they take in real-time events, predict what’s about to happen, and take action or send a notification without human interaction. They operate on the idea that a little bit of the right information ahead of time is more valuable than piles of information too late. The trend toward talented systems will continue and gain strength – because it has to.”
– Vivek Ranadive and Kevin Maney
About the Author
VIVEK RANADIVE is founder and CEO of TIBCO Software Inc., a company developing software which enables organizations to become event-driven. He is also the co-owner and vice chairman of the Golden State Warriors NBA franchise. Mr. Ranadive is the author of The Power of Now and The Power to Predict. He is a graduate of MIT and Harvard Business School.
KEVIN MANEY is editorial director at VSA Partners, a branding company. He has been a contributor to Fortune, Fast Company and The Atlantic and was a technology writer at USA Today for more than twenty years. He is the author of Trade-Off and The Maverick and His Machine and co-author of Making the World Work Better. Mr. Maney is a graduate of Rutgers University.
The Web site for this book is at www.thetwosecondadvantage.com.
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
Summary of The Two-Second Advantage (Vivek Ranadive and Kevin Maney)
1. Talented Brains
The human brain is a predictive machine par excellence. Most highly successful people are really good at making extremely accurate predictions about what will happen next and use this to their advantage. Enterprises need to do something similar – develop real-time systems which can spot a series of unfolding events, anticipate what’s about to happen next and then initiate action on that basis. It’s time to build Gretzky’s brain into technology.
Business have tried in various ways to use data to be predictive for quite some time now. For example:
Statistical analysis is now used to forecast when equipment components are likely to fail and need to be replaced.Marketers have used zip codes for quite some time to predict the likelihood people within a given geographical area will respond favorably to an offer.Many companies use analytics to uncover trends from historical data. Airlines all use analytics to predict demand so their planes fly as close to 100% percent full as possible.
