STOP SEARCHING
FOR THAT ELUSIVE
DATA SCIENTIST
HELLO!
These Article is written by Michael Schrage.
Research Fellow, MIT Center for Digital Business
Center for Digital Business.
2
Insight #01
● Do not run for finding a Data Scientist
for your company. Because a Data
Scientist Cannot help your company as
much as a normal Logical Person with
creative ideas.
3
Insight #02
● Instead we have to find a person with
basic knowledge of data and make that
person work hard on the project you
assign.
4
Insight #03
● We have to Keep it Simple
● Simple Problem Statement can help to
think in new dimensions and hence
enhance the system efficiency.
● Adopt the research methodology through
analytics to find the relevant solution 5
The Person You appoint must have following skills:
▰ Basic Mathematical Skills
▰ Basic Programming Skills
▰ High on Logic
▰ Creative Mindset
▰ Problem Solving Approach
▰ Key Principles of Data Science
6
Relevant Insights
For A Manager In India
7
1. Start Small, Go Big.
▰ The goal is to make all of the organization--
not just the geeks and quants-- more
conversant in how to align probabilty,
statistics, technology and business value
creation,
8
2. People Are People
▰ Data Scientists either produce analytics for
machines or humans, but generally not both.
▰ The two types of analysis require different
skills.
9
3. GIve Up!
▰ Stop Hunting For that Data Scientist unicorn
and/or Silver Bullet
▰ Chances are slim that your organization
would even be able take full advantage of
teirtalent.
10
“Data Show that ’Buying Time’
Is the right way can be a terrific
investment.
1111
Presented By
Prince Barai
Data Analyst Intern at IIM, Lucknow
12

Relevant insights for a manager in India

  • 1.
    STOP SEARCHING FOR THATELUSIVE DATA SCIENTIST
  • 2.
    HELLO! These Article iswritten by Michael Schrage. Research Fellow, MIT Center for Digital Business Center for Digital Business. 2
  • 3.
    Insight #01 ● Donot run for finding a Data Scientist for your company. Because a Data Scientist Cannot help your company as much as a normal Logical Person with creative ideas. 3
  • 4.
    Insight #02 ● Insteadwe have to find a person with basic knowledge of data and make that person work hard on the project you assign. 4
  • 5.
    Insight #03 ● Wehave to Keep it Simple ● Simple Problem Statement can help to think in new dimensions and hence enhance the system efficiency. ● Adopt the research methodology through analytics to find the relevant solution 5
  • 6.
    The Person Youappoint must have following skills: ▰ Basic Mathematical Skills ▰ Basic Programming Skills ▰ High on Logic ▰ Creative Mindset ▰ Problem Solving Approach ▰ Key Principles of Data Science 6
  • 7.
    Relevant Insights For AManager In India 7
  • 8.
    1. Start Small,Go Big. ▰ The goal is to make all of the organization-- not just the geeks and quants-- more conversant in how to align probabilty, statistics, technology and business value creation, 8
  • 9.
    2. People ArePeople ▰ Data Scientists either produce analytics for machines or humans, but generally not both. ▰ The two types of analysis require different skills. 9
  • 10.
    3. GIve Up! ▰Stop Hunting For that Data Scientist unicorn and/or Silver Bullet ▰ Chances are slim that your organization would even be able take full advantage of teirtalent. 10
  • 11.
    “Data Show that’Buying Time’ Is the right way can be a terrific investment. 1111
  • 12.
    Presented By Prince Barai DataAnalyst Intern at IIM, Lucknow 12