Risk Mitigation

Strategy in the Era of

Big Data
Ministry of Finance
October 2020
Speaker Profile

✓ Senior Partner EY Consulting

✓ ASEAN CPA
✓ Institute of Indonesia Chartered Accountants
(IAI), National Council Member 2019 – 2024,
The Certification Board (2016-2018)
✓ ISACA Indonesia Chapter, President 2015 –
2019
✓ Media AKUTAHU Founder since 2016, Social
Venture to Bring Up Positive Journalism in
Indonesia, Founder
✓ Initiator of Pandemic Superheroes in
Indonesia
✓ University of Indonesia, Faculty of Economics
Isnaeni Achdiat and Business, Senior Lecturer
✓ PhD candidate for Information System, with
Research in Audit Innovation.

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 Risk Mitigation Strategy for Data-Driven Decision Making

Public Value Analytics Framework

Legitimacy
and
Support
Operational
Capacity
“
Decisions made by the government have potential to affect citizens significantly. Mitigating the risks will
enable the government to maintain the public’s trust in data-driven decision making in the era of big data.

Risk Perspective of Big Data Analytics Implementation for Data-Driven Decision Making
Big Data
Data-driven decision making

&

organizational learning
improved performance

BIASES PRIVACY

Improved operations
Analytics

Data analytics algorithm can mistakenly be programmed There is concern on how government leverage the
with biases (i.e. age, race, sex, etc.) which do not public’s data which may involves sensitive attributes
represent true causal factors for an outcome. about them without their knowledge or consent.
Strategic
Value Possible solution – Use not only government Possible solution – Provide clear regulation and
data, which sometimes can be incomplete, but guidelines for data use including data ownership,
also use third party data to complement the data quality and sharing, and privacy.
Value Source Value Type set.
❑ Strategic value of ❑ Environmental
improved operational ❑ Public Health
decision-making ❑ Social Inclusion
❑ Value of improved ❑ Public Safety TRANSPARENCY SKILLS
strategic decision- ❑ Efficient Use of
making Funds
Lack of ability to monitor everything for the public can Government may rely on outside contractors or off-the-
cause information gaps between the public and how shelf solutions for emerging technology adoption, and
In order for a public sector entity to create value the government is using predictive analytics. hence may not have the required skill sets
through big data and analytics, the application must
be both legitimized and operationally feasible for
Possible solution – Include transparency and Possible solution – Invest in technology capacities
the organization. accountability in design and documentation of for employees to adapt process, systems and
algorithms for the public to correct and contest practices to put technology to action.
Source: The Strategic Value of Public Sector Analytics by Brandt, T. decisions based on algorithms.
Big Data in Action for Government by World Bank Group
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EY Internal analysis
 Thank You

Now, Next, Beyond

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