Insights on generating actual business value from analytics from international expert David Stephenson
David Stephenson is a Big Data and Data Analytics expert who’s writing I recently came across. I found a blog post of his on LinkedIn that was so good it made me look up what else he had written. Here are three articles that I think are particularly good and a couple of my thoughts about them. Follow him at www.dsianalytics.com and see the rest of his work.
150 Data Scientists and Still no Business Value – This is a commentary David wrote in response to a Harvard Business Review article about data science projects failing to yield results (HBR – Why you are not getting value from data science). His insights regarding reasons why these projects fail and tips to get value are spot on. The final recommendation regards finding someone to lead the projects who, “understands business goals and analytic possibilities.” These people are quite difficult to find, which is why he wrote…
Recruiting a Chief Data Scientist – This piece shows exactly why it is so hard to recruit a good chief data scientist. They need to possess three unrelated skill sets; strong technical, business, and communication skills are required. Finding someone who has all three of those is difficult which leads to, “the high premium that this role commands in the job market these days.” Looking at this makes it attractive to develop new skills that can make you marketable for such a role.
Useful Big Data: The Fastest Way – This article is cool for anyone who builds or tracks websites. He talks about website analytics, and how some tools he developed years ago are now available to the public in the Google Analytics suite. It may be a bit difficult to follow if you do not know about how websites track users, but it is a very cool story about how common ideas start. In this case, an idea he had is now a product used by millions of people around the world. How cool is that?