We’re witnessing an explosion of demand for the data scientist — “the sexiest [and most hyped] job of the 21st century”. Colleges are quickly creating data science programs. Students are rushing to enroll. Executives — constantly hearing about how data science is transforming business — suffer acute FOMO.
And amid the explosion lies the damage of dashed dreams of teams adrift without any plans for success. This is how to do it right from the start. “Be quick but don’t hurry.” — John Wooden. Just hoping that your new data scientists will unlock insights out of your treasure trove of data is unrealistic. The odds of failure are shockingly high — industry experts believe that only 1 of 6 big data projects will succeed. Some reasons are generic — lack of leadership, teamwork, support, and communication.
Author: Raj Dev