Data-Driven Organisation

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Data Science and Data-Driven Organisation by Jaakko Särelä Data Scientist, @ReaktorNow

Transcript of Data-Driven Organisation

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Data Science and Data-Driven Organisation

by Jaakko SäreläData Scientist,

@ReaktorNow

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300 Design and Software Professionals

Software Engineering

UI and UX design

Organizational change and design

Analytics, big data, data science

Visual design

Concept Design

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Reaktor Data Science

•8 PhDs •hundreds of customer projects •scientifically renown •Data science based solutions: optimise the target using all available data

•Use cases: •Personalisation •Recommendation •Marketing impact analysis •Up-/cross-sell •Behaviour-based segmentation

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Agile Data Science Project Model

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Action

optimize decide deploy

Data

big, small, open local, web, meta, …

Information

report visualize

model

Bus

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challenge 1

challenge 2

challenge 3

challenge 4

challenge 5For example

• automated decisions; recommendation, targeting

• simulation

• prescriptive, predictive modelling

For example

• documentation on meaning of the data

• KPIs, profiles, segments, factors, DW dashboards

• descriptive, diagnostic, predictive modelling

For example

• source integrations

• Extract - Load - Transform

• metadata

• modelling for cleansing & consistency

modellingwhat are the actions what are the insights

wranglingwhat data means

testingwhat is the impact

Think & plan from deployment to data

Pick a challenge!

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Action Data Information

Bus

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challenge 1

start here!

challenge 3

challenge 4

challenge 5For example

• B: need optimising for customer retention

• M: we could start with special offer by SMS

• DS: we’ll set up test & control groups!

For example

• M: some past campaign results & execution…

• SE: Field ZPOR means revenue per unit and it is calculated based on …

• DB: Source X in DW is aggregated on monthly level

• DS: let’s have historical data on X and validate model

For example

• DB: we have X for 1M users for 1 yr fields a,b,c

• DS: field c seems suspicious, we’ll try to correct it

modellingwhat are the actions what are the insights

wranglingwhat data means

testingwhat is the impact

Data-Driven is inherently iterative and benefits from agility. Data and processes are often not like assumed.Be curious, keep backlog, inspect, adapt.

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Action Data Information

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challenge 1

challenge 2

challenge 3

challenge 4

challenge 5For example

• deploy campaign, collect responses

For example

• calibrate & apply model

For example

• get data for modelling

• store results

modellingwhat are the actions what are the insights

wranglingwhat data means

testingwhat is the impact

Execute based on model, collect data

results

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Action Data Information

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challenge 1

challenge 2

challenge 3

challenge 4

challenge 5Backlog example

• test & control group handling in marketing automation

• Involve N.N. to the process

Backlog example

• define new information source

• Look for a new data source for determining income on zip code areas

• correct documentation

• automation for the campaign modelling

Backlog example

• better system configuration & architecture

• automation for the campaign process…

• new data: record information on all campaigns

modellingwhat are the actions what are the insights

wranglingwhat data means

testingwhat is the impact

Information-path focused backlog

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Ideals of being Data-Driven• be curious (seek for evidence)

• be active (test, don’t just observe and analyse)

• be probabilistic (understand uncertainties)

• be courageous (act on the evidence)

• be agile (learn, fail fast… but not too fast: collect enough evidence)

• be transparent and helpful (show and share information, co-operate)

• be truthful and “non-political” (don’t abuse data, work across silos)

• be wise (when to be data-driven)

Culture eats strategy for breakfast

attributed to P. Drucker, popularised by M. Fields

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Thank you!