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1 of 15
Stop Searching for That
Elusive Data Scientist
2
Based on the HBR Article
Stop Searching for That Elusive Data
Scientist
By Michael Schrage
“Without big data analytics,
companies are blind and deaf,
wandering out onto the web
like deer on a freeway
- Geoffrey Moore
33
2 keytakeaways
4
5
1Shortage of skilled data-
scientists shouldn’t be an
excuse to delay adoption
of Big Data
Big organizations can afford to hire big-budget
analytics boutiques.
More frugal and prudent ones seem to be
taking alternate approach
The smartest thing organizations are doing is by
seed funding and empowering data-oriented
teams explicitly charged with delivering data-
driven insights in short periods of time
By taking baby steps towards data driven
decision making, these organizations have
been able to evangelize a culture of business
value creation through an amalgamation of
Math, Technology, and Business
9
2
Organizations conversant in data
sciences can build upon the
existing infrastrucure by
collaborating with outside
advisors
It facilitates better conversations between
stakeholders and improves the analysis
outcome by taking into account the best of
both worlds
Cultivating internal capability first is a
temporary fix, but it is necessary to create the
cultural and organizational context for the
necessary hires to follow
Sometimes “buying time” the right way can be
a terrific investment
Sometimes “buying time” the right way can be
a terrific investment
Managers, especially in organizations where
data sciences is still in a nascent stage need
to take measures to build and evangelize
data driven decision making culture
THANKS!
Created by Raminder Singh, under an internship
by Prof. Mathur, IIM Lucknow

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Stop searching for that elusive data scientist

  • 1. Stop Searching for That Elusive Data Scientist
  • 2. 2 Based on the HBR Article Stop Searching for That Elusive Data Scientist By Michael Schrage
  • 3. “Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway - Geoffrey Moore 33
  • 5. 5 1Shortage of skilled data- scientists shouldn’t be an excuse to delay adoption of Big Data
  • 6. Big organizations can afford to hire big-budget analytics boutiques. More frugal and prudent ones seem to be taking alternate approach
  • 7. The smartest thing organizations are doing is by seed funding and empowering data-oriented teams explicitly charged with delivering data- driven insights in short periods of time
  • 8. By taking baby steps towards data driven decision making, these organizations have been able to evangelize a culture of business value creation through an amalgamation of Math, Technology, and Business
  • 9. 9 2 Organizations conversant in data sciences can build upon the existing infrastrucure by collaborating with outside advisors
  • 10. It facilitates better conversations between stakeholders and improves the analysis outcome by taking into account the best of both worlds
  • 11. Cultivating internal capability first is a temporary fix, but it is necessary to create the cultural and organizational context for the necessary hires to follow
  • 12. Sometimes “buying time” the right way can be a terrific investment
  • 13. Sometimes “buying time” the right way can be a terrific investment
  • 14. Managers, especially in organizations where data sciences is still in a nascent stage need to take measures to build and evangelize data driven decision making culture
  • 15. THANKS! Created by Raminder Singh, under an internship by Prof. Mathur, IIM Lucknow