SlideShare a Scribd company logo
by Michael Schrage
Stop hunting for that
data science
unicorn and/or
silver bullet.
The odds are poor that
you’ll be able to find and
hire really good data
scientists.
Surveys say
there simply
aren’t enough
people with the
unusual blend
of software
skills and
statistical savvy
to go around
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.
Seed-fund
and empower
small cross-
functional
data-oriented
teams
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
Baby Steps in
Analytics
could yield
large strides
in outcome.
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.
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.
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.
The typical team was collectively less
skilled and competent than a typical data
scientist. But that collective team learned
from each other
Cultivate internal capability,
not just hire it.
Understand and appreciate
key principles and practices
of data science.
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

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Stop searching for that elusive data scientist

  • 1.
  • 3.
  • 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.
  • 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
  • 15.
  • 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