Book Image

Creators of Intelligence

By : Dr. Alex Antic
Book Image

Creators of Intelligence

By: Dr. Alex Antic

Overview of this book

A Gartner prediction in 2018 led to numerous articles stating that "85% of AI and machine learning projects fail to deliver.” Although it's unclear whether a mass extinction event occurred for AI implementations at the end of 2022, the question remains: how can I ensure that my project delivers value and doesn't become a statistic? The demand for data scientists has only grown since 2015, when they were dubbed the new “rock stars” of business. But how can you become a data science rock star? As a new senior data leader, how can you build and manage a productive team? And what is the path to becoming a chief data officer? Creators of Intelligence is a collection of in-depth, one-on-one interviews where Dr. Alex Antic, a recognized data science leader, explores the answers to these questions and more with some of the world's leading data science leaders and CDOs. Interviews with: Cortnie Abercrombie, Edward Santow, Kshira Saagar, Charles Martin, Petar Veličković, Kathleen Maley, Kirk Borne, Nikolaj Van Omme, Jason Tamara Widjaja, Jon Whittle, Althea Davis, Igor Halperin, Christina Stathopoulos, Angshuman Ghosh, Maria Milosavljevic, Dr. Meri Rosich, Dat Tran, and Stephane Doyen.
Table of Contents (23 chapters)
1
Chapter 1: Introducing the Creators of Intelligence

Developing an effective data strategy

A data strategy is integral to setting the data and analytics vision for an organization. It is typically developed, set, and advocated for by the CDO, and needs to be driven from the top down.

The data strategy needs to be one component of the broader organizational strategy – and there needs to be clear attachment points between each of the components, and into the broader organizational strategy. Organizational strategy is composed of four key sub-strategies:

  • Business strategy
  • Analytics strategy
  • Data strategy
  • Technology strategy

All these sub-strategies work together to achieve organizational goals.

It’s important to have relevant support and clarity for what’s within the scope of the data strategy and what is beyond it, so that everyone understands what the strategic outcomes are and the integral role they play in their accomplishment.