This presentation is created during Data Analytics Internship under Prof. Sameer Mathur, IIM Lucknow.

1. Analysis Of
“Stop
Searching
For That
Elusive Data
Scientist“

2. Insights
INSIGHTS AND RELEVANCE TO
MANAGERS

3. For many organizations, a
mediocre data scientist may
be worse than none at all

5. Stop hunting for
that data science
unicorn and/or
silver bulletGIVE UP

6. Chances are slim that
your organization would
even be able to take full
advantage of their talent

7. But the opportunities for
data-science-enabled
efficiencies and
innovation are too
important to defer or
deny
Data science

8. Seed-fund and
empower small
cross-functional
data-oriented
teams explicitly
charged with
delivering tangible
and measurable
data-driven
benefits in
relatively short
periods of time
What to do smartly?

9. What has to be noticed?
The emphasis is on
building greater data
capability than better
digital infrastructures

10.  The goal is to make all
of the organization — not
just the geeks and quants
— more conversant in
how to align probability,
statistics, technology and
business value creation
 What they want? They
want data science to be a
cultural value, not just a
functional expertise

11. Small team is an
imperative to
generate
insights that
could get the
organization
doing
something
interestingly
valuable really
fast

12. The typical
team was
collectively less
skilled and
competent than
a typical data
scientist
Sad isn’t it?

13. But that collective
team learned from
each other and sent a
message to the rest of
the organization
Good to hear isn’t it?

14. Even baby steps in
analytics could
yield large strides
in outcome
Limited ambition
did a better job
attracting
credibility and
support than
BHAGs

15. So are these
teams
ultimately a
short-term fix
rather than a
more
sustainable
solution to the
data scientist
shortage? Yes.

16. The concurrent rise
in Big Data and
analytic
opportunities
means that smart
organizations
would be foolish to
outsource this away
from the very
people who need to
be more data-
driven.
You want to
cultivate internal
capability, not just
hire it.
What to do smartly?

17. “Buying time” the right way
can be a terrific investment
Thank You
ByDheepika C
Connectwith me @ LinkedIn