Final answer:
Addressing big data involves management strategies, organizational skills and cultural readiness, and strong technological infrastructure, including cybersecurity to prevent data breaches.
Step-by-step explanation:
When a company decides to work with big data, several management, organization, and technology issues need to be addressed to ensure the process is successful. From a management perspective, there should be a clear strategy on how data will drive business decisions, including the establishment of appropriate data governance and quality controls. Organizational issues include ensuring that there is adequate staff with the necessary skills to handle big data analysis and that there is a culture that supports data-driven decision-making. Technologically, a company must have the infrastructure to support large volumes of data, which includes high-performance computing resources, data storage, and proper cybersecurity measures to prevent data breaches.
Furthermore, it's essential to consider the ethical implications of data use and ensure compliance with relevant data protection laws. Tackling these issues head-on can lead to a robust foundation upon which a company can build a successful big data strategy, turning data into actionable insights and competitive advantage.