Outside Insight Navigating a World Drowning in Data

Outside Insight: Navigating a World Drowning in Data by Jorn Lyseggen, published by Portfolio Penguin in 2017, explores the transformative potential of external data in business decision-making. This edition, comprising 315 pages, delves into how companies can leverage the vast amounts of information available online—referred to as ‘digital breadcrumbs’—to gain insights that go beyond traditional internal data analysis. Lyseggen emphasizes the importance of integrating industry-wide external data to better understand opportunities and threats, positioning businesses to adapt in a rapidly changing environment.
Readers will find practical examples illustrating how leading brands like Apple and Facebook have successfully implemented data-driven strategies. The book focuses on the shift from relying solely on historical data to embracing real-time insights that can inform strategic planning and management. By outlining a detailed plan for incorporating Outside Insight thinking into corporate processes, Lyseggen provides a framework for business leaders aiming to enhance their decision-making capabilities in an era dominated by information overload. This insightful guide addresses key topics such as business ethics, marketing, and information management, making it a relevant resource for those navigating the complexities of modern business landscapes.
Official synopsis Publisher
Is your business looking out? The world today is drowning in data. There is a treasure trove of valuable and underutilized insights that can be gleaned from information companies and people leave behind on the internet – our ‘digital breadcrumbs’ – from job postings, to online news, social media, online ad spend, patent applications and more. As a result, we’re at the cusp of a major shift in the way businesses are managed and governed – moving from a focus solely on lagging, internal data, toward analyses that also encompass industry-wide, external data to paint a more complete picture of a brand’s opportunities and threats and uncover forward-looking insights, in real time. Tomorrow’s most successful brands are already embracing Outside Insight, benefitting from an information advantage while their competition is left behind. Drawing on practical examples of transformative, data-led decisions made by brands like Apple, Facebook, Barack Obama and many more, in Outside Insight, Meltwater CEO Jorn Lyseggen illustrates the future of corporate decision-making and offers a detailed plan for business leaders to implement Outside Insight thinking into their company mindset and processes.
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