Presentation on a case study of an article on Stop Searching For That Elusive Data Scientist by Michael Schrage

2. by Michael Schrage

4. Stop hunting for that
data science
unicorn and/or
silver bullet.

5. The odds are poor that
you’ll be able to find and
hire really good data
scientists.

6. Surveys say
there simply
aren’t enough
people with the
unusual blend
of software
skills and
statistical savvy
to go around

7. Unfortunately, there’s no
shortage of individuals with
just enough statistical and
software knowledge to be
data-dangerous. For many
organizations, a mediocre
data scientist may be worse
than none at all.

8. Seed-fund
and empower
small cross-
functional
data-oriented
teams

9. 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

10. Baby Steps in
Analytics
could yield
large strides
in outcome.

11. Small teams not addressing big
problems or grand challenges
but an imperative to generate
insights that could get the
organization doing something
interestingly valuable really fast.

12. One team, did something as simple as comparing
a certain class of tweets from their best customers
with their competitor’s customer’s tweets. The
overlaps and differences immediately suggested
ways to better target and take-away rivals’
customers beyond social media.

13. An industrial products company
started monitoring blogs, boards,
and other social media platforms
around maintenance and service
complaints and then mapping
that data to internal client
maintenance data. The resulting
insights completely changed the
internal dialogues between sales,
customer support, maintenance
engineering.

14. The typical team was collectively less
skilled and competent than a typical data
scientist. But that collective team learned
from each other

16. Cultivate internal capability,
not just hire it.

17. Understand and appreciate
key principles and practices
of data science.

18. Marketing
Professor, IIM
Lucknow
Created by Dibya Maheswari,
Accenture Solutions Private
Limited during an internship under
Professor Sameer Mathur, IIM
Lucknow
Dibya Maheswari,
Accenture Soln. Pvt Ltd.
Sameer Mathur