Tom Davenport Biography
Tom Davenport is an American scholar and writer with expertise in analytics, business process innovation, knowledge management, and artificial intelligence. He holds the position of President’s Distinguished Professor in Information Technology and Management at Babson College. Additionally, he serves as a Fellow of the MIT Initiative on the Digital Economy, Co-founder of the International Institute for Analytics, and a Senior Advisor to Deloitte Analytics.
Tom Davenport Age / Birthday
As of 2023, Davenport is 69 years old, he was born on October 17, 1954, in the United States of America. He celebrates his birthday on October 17 every year.
Tom Davenport Height / Measurements
Davenport is of average body stature and stands at an approximate height of 5 feet 8 inches tall.
Tom Davenport Partner / Wife
Davenport manages to keep information regarding whether he is married or not away from the public. However, we will update information about his spouse once it’s available.
Tom Davenport Kids / Children
Davenport manages to keep information regarding whether he has any kids away from the limelight. However, we will update this information about his children once it’s available.
Tom Davenport Family / Relatives
Davenport manages to keep information regarding his parents away from the limelight. Additionally, he shares no information regarding whether he has any siblings or not. We will update this information once it’s available.
Tom Davenport Education
Davenport’s educational background involves training as a sociologist. He earned a Bachelor of Arts degree in Sociology from Trinity University in 1976, followed by a Master’s degree in Sociology from Harvard in 1979, and ultimately, a Ph.D. in Sociology from Harvard in 1980.
Tom Davenport Career
After completing a Ph.D. in Sociology, Davenport ventured into academia and later transitioned to a research and consulting role at Index, under the guidance of James Champy. At Index, he assumed the position of Director of Research, focusing on the study of business process improvement. Davenport actively led a multiclient research initiative in collaboration with Hammer through PRISM – Partnership for Research in Information Systems Management, where he served as the program director.
In 1988, PRISM conducted interviews with 100 companies to explore the potential enhancements information technology could bring to cross-functional processes. This research laid the groundwork for the emergence of Business Process Re-engineering. Following his involvement with the CSC Index in business process engineering, Davenport expanded his contributions to knowledge management and the attention economy. He later shifted his focus to make significant contributions in the realms of data analytics and artificial intelligence.
Throughout his career, Davenport held diverse roles, including directing research centers for Accenture and Ernst & Young. Currently, he holds the position of President’s Distinguished Professor of Information Technology & Management at Babson College.
Tom Davenport Net Worth
Through Davenport’s career as an Author, he has been able to accumulate a net worth that ranges between $5 Million and $ 7 Million.
Tom Davenport Books
Davenport, a leading expert in business analytics and artificial intelligence, has written numerous books on these and related topics.
- Only Humans Need Apply: Winners and Losers in the Age of Smart Machines (2017): Examines the impact of AI on jobs and workforce dynamics.
- Competing on Analytics: The New Science of Winning (2007, updated in 2016): Explores how companies can leverage analytics for competitive advantage.
- Thinking for a Living: How to Get Better Performance and Results from Knowledge Workers (2005): Guides knowledge workers on optimizing their productivity and impact.
- The Attention Economy: Understanding the New Currency of Business (2001): Examines the shift from information overload to attention deficit as a key business challenge.
- Process Innovation: Reengineering Work Through Information Technology (1993): Pioneered the concept of using IT to optimize business processes.
- Judgment Calls: Twelve Stories of Big Decisions and the Teams That Got Them Right (2023): Case studies on effective decision-making in organizations.
- Advanced Introduction to Artificial Intelligence in Healthcare (2023): Concise overview of AI applications in healthcare.
Tom Davenport Analytics 3.0
In an article for the Harvard Business Review, Davenport outlines three levels of analytics maturity within organizations. Analytics 1.0 characterizes organizations where management relies on internal data for decision-making, moving beyond intuition. However, these organizations face inefficiencies in their systems and processes, leading to prolonged analysis timelines. Analytics 2.0 companies, on the other hand, integrate both internal and external data, enhancing predictive capabilities. This shift toward “big data” was primarily spearheaded by Internet firms proficient in handling substantial data volumes.
Davenport asserts that we are currently in the third analytics era, where companies across industries are increasingly engaged in “competing on analytics.” In Analytics 3.0, firms conduct various activities that generate data trails, enabling the collection and analysis of datasets. These datasets play a pivotal role in facilitating more accurate decision-making and, significantly, contribute to the creation of valuable products and services. Davenport emphasizes that analytical capabilities are now embedded into the products and services themselves in many instances.
Tom Davenport Twitter
Davenport is active on his social media accounts. He has about 12.2k followers on his Twitter account.