Soylent Mean Data Science is Made of People Kim Stedman @KimSted Cameran Hetrick @CameranHetrick.

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Transcript of Soylent Mean Data Science is Made of People Kim Stedman @KimSted Cameran Hetrick @CameranHetrick.

Soylent MeanData Science

is Made of People

Kim Stedman @KimStedCameran Hetrick @CameranHetrick

Data Science is of the people,by the people, for the people

Use data to discover truthsthat cause changesthat improve the stuff we make.

The Goal of All This

The Three Futures of Data

#1

#2

Nope

Still Don’t Know

#3

90%

Of the world’s data has been created in the last two years

Source: IBM

30% of companies have invested

in big data technology

Source: Gartner’s 2013 Big Data Survey

8% of companies

have deployed big data solutions

Diffusion of Innovation

Innovators Early

AdoptersEarly

MajorityLate

MajorityLaggards

2.5% 13.5% 34% 34% 16%

WE ARE HERE

Source: Gartner’s 2013 Big Data Survey

Top Challenges of Big Data

80% of USA lives within 20 miles of a Starbucks

That’

That’s Not Data Science

That’s Just DATA

Gartner Hype Cycle: Big Data

2011

2012

2013

What’s Broken

What’s Broken

We’ve got 99 problemsand our tools ain’t one

Use data • We can’t find data scientists to hire• Nobody has the right training yet

To discover truths• There’s too much data & we don’t know where to start.• We can’t get the $$ for headcount or tools.

That cause change• Standalone data studies are rarely actionable.• Our KPIs make people act the opposite of what we

wanted.

That improves the stuff we make• Our results take on horrible lives of their own

Use data • We can’t find data scientists to hire• Nobody has the right training yet

To discover truths• There’s too much data & we don’t know where to start.• We can’t get the $$ for headcount or tools.

That cause change• Standalone data studies are rarely actionable.• Our KPIs make people act the opposite of what we

wanted.

That improves the stuff we make• Our results take on horrible lives of their own

Use data • We can’t find data scientists to hire• Nobody has the right training yet

To discover truths• There’s too much data & we don’t know where to start.• We can’t get the $$ for headcount or tools.

That cause change• Standalone data studies are rarely actionable.• Our KPIs make people act the opposite of what we

wanted.

That improves the stuff we make• Our results take on horrible lives of their own

Use data • We can’t find data scientists to hire• Nobody has the right training yet

To discover truths• There’s too much data & we don’t know where to start.• We can’t get the $$ for headcount or tools.

That cause change• Standalone data studies are rarely actionable.• Our KPIs make people act the opposite of what we

wanted.

That improves the stuff we make• Our results take on horrible lives of their own

We are smrt.

We should solve the things.

Use data• We can’t find data scientists to hire• Nobody has the right training yet

Hacking Skills

Statistics / Mathematics

Business Knowledge

Good Luck

Hacking Skills

Statistics / Mathematics

Domain Expertise

Good Fucking Luck

Visualization

Human Computer Interaction

Stat

istic

s / M

ath

Visualization Tools

Co

mm

un

ication

Sto

rytelling

Data M

anip

ulatio

n

Business Strategy

Big Data Software

Business Knowledge

Machine Learning

Data Warehousing Natural Curio

sity

Problem Solving

Data

Lead

ersh

ip

”Will you be my unicorn?”

no

Not every future data scientist

is a former computer scientist

or statistician

• We can’t find data scientists to hire

• We can’t find data scientists to hire

Hire people from diverse backgrounds into complimentary roles within your data team.

“By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical

skills as well as 1.5 million managers and analytics with the

know-how to use the analysis of big data to make effective decisions”

McKinsey & Company: Big Data: The next frontier for competition

Analytic Rigor is a Thing

Why isn’t everyone

talking aboutthis book

• Nobody has the right training yet

• Nobody has the right training yet

So train people.

- Train soft skills people in tech tools.

- Train hard skills people in research methods and social analysis.

- Train organizations in data use.

Use data

To discover truths• It’s too much data. We don’t know where to start.• We can’t get the $$ for headcount or tools.

That cause changes• Standalone data studies are rarely actionable.• Our KPIs incent people to act in useless ways.

Use data

To discover truths• It’s too much data. We don’t know

where to start.• We can’t get the $$ for headcount or

tools.

Revenue – Cost ____________________________

Profit

1. Increase customers

2. Increase frequency

3. Sell more products

4. Increase price

REVENUE DRIVERS

Process1. Translate each driver into a KPI

2. Understand what moves your KPIs

3. Teach your organization

4. Identify the focus

Goals Hypothesis Prioritize.

1. Potential Impact ($$$)

2. Actionability

3. Threshold for Action

Yes, Continue No, Return

• It’s too much data.We don’t know where to start.

• It’s too much data.We don’t know where to start.

Have goals.

Start with the studies that will have the biggest impact, that you can actually act on.

• We can’t get the $$ for headcount or tools.

• We can’t get the $$ for headcount or tools.

Track your value.

Data is about feedback loops. We are not exempt. Asses your team’s effectivenessat meeting your goal.

Use data

To discover truths

Use data

To discover truths

That cause changes• Our KPIs incent people to act in useless ways.• Standalone data studies are rarely actionable.

A B

A B

Numbers make people

act different

• Our KPIs incent people to act in useless ways.

• Our KPIs incent people to act in useless ways.

Start with how you want people to serve the business.

Then turn that into KPIs. Where you want two groups to act different from each other give them different KPIs.

Yes, Continue No, Return

Launch a test

Big data is a new phase in an ongoing

research tradition

Yes, Continue No, Return

Launch a test

Measure results

Did it meet the goal?

Yes, next improvement

No, iterate, reset or quit

• Standalone data studies are rarely actionable.

• Standalone data studies are rarely actionable.

Conduct studies within a larger business process.

Translate hypothesis into data questions and use the right tool for the job.

Use data

To discover truths

That cause changes

Use data

To discover truths

That cause changes

That improve the stuff we make.

• Our results take on horrible lives of their own

Exp

ertis

e

Exposure

DataTeam

DataPerson

DataPerson

DataPerson

• Our results take on horrible lives of their own

• Our results take on horrible lives of their own

Stay involved.

A data team is not just programmers & statisticians. We are a change agency. We must take responsibility for the changes we drive.

Use data

To discover truths

That cause changes

That improve the stuff we make.

1. We can’t find data scientists to hire2. Nobody has the right training yet

3. There’s too much data & we don’t know where to start.4. We can’t get the $$ for headcount or tools.

5. Our KPIs make people act the opposite than we want.6. Standalone data studies are rarely actionable.

7. Our results take on horrible lives of their own

1. Hire people with complimentary skill sets. 2. Train people at multiple levels.

3. Have goals. Use them to triage research. 4. Track your efficacy and your ROI.

5. Choose your KPIs by how you want people to act. 6. Use the right tool for the job. It’s not always quant.

7. Stay involved. Take responsibility for change.

Or

But wait. There’s more.

Stedman.Kimberly@gmail.com

@KimSted

cameranhetrick@gmail.com

@cameranhetrick