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Building a Data-Driven Culture
Exploring the importance of creating a data-driven culture within an organization and the impact of a boss's behavior on cultural change.
We are all guilty of getting excited about shiny new toys in whatever guise they present themselves to us. For many of us, lots of the recent shiny new toys have been ways of utilizing AI to update and iterate on the ways that we work. Leadership teams have been looking for ways that their organizations can incorporate AI solutions into their products, regardless of whether they might be the most valuable use of the company's time. A company that fails to incorporate new tools and technology will stagnate and fail altogether right? A failure to adapt to the new state of play will surely stop the company from becoming a high performer? Or will it? What sets apart high-performing organizations from their non high-performing counterparts?
It’s not shiny new toys. It’s culture. Counter to conventional wisdom, the norms and beliefs of an organization, and not the technology and tools it uses, is what drives its performance.
Andrew McAfee is a Principal Research Scientist at the MIT Sloan School of Management, co-founder and co-director of MIT’s Initiative on the Digital Economy, and the inaugural Visiting Fellow at the Technology and Society organization at Google. He studies how technological progress changes the world. His book, The Geek Way, reveals a new way to get big things done. His previous books include More from Less and, with Erik Brynjolfsson, The Second Machine Age.
McAfee has written for publications including Foreign Affairs, Harvard Business Review, The Economist, The Wall Street Journal, and The New York Times. He's talked about his work on CNN and 60 Minutes, at the World Economic Forum, TED, and the Aspen Ideas Festival, with Tom Friedman and Fareed Zakaria, and in front of many international and domestic audiences. He’s also advised many of the world’s largest corporations and organizations ranging from the IMF to the Boston Red Sox to the US Intelligence Community.
Throughout the episode, Adel and Andrew explore the four cultural norms of the Geek way, the evolutionary biological underpinnings of the traits high performing organizations exhibit, case studies in adapting organizational culture, the role of data in driving high performance teams, useful frameworks leaders can adopt to build high performing organizations, and a lot more.
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