The Data Chief

Five Best Practices to Succeed with Data and GenAI: Lessons from Leaders

25 snips
Nov 13, 2024
Discover the shift from a data-driven to a value-driven approach that empowers organizations. Learn how building data literacy can unlock collective intelligence and foster innovation. Explore the intersection of AI and data strategy, highlighting the importance of clean data. Understand the crucial role of responsible AI in healthcare and the need for ethical governance. This discussion features thought leaders emphasizing collaboration and the human aspects of technology in achieving impactful results.
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ADVICE

Focus on Value Creation

  • Start by understanding how your organization creates value and its key metrics.
  • Focus on value-driven initiatives, not just data-driven ones.
ANECDOTE

Activating Collective Genius

  • Merck activated their organizational muscle by giving teams tools and letting them experiment.
  • This approach allowed teams to identify high-opportunity areas and request specific resources.
ADVICE

Data Literacy as a Mindset

  • To foster data literacy, focus on mindset, language, and skills.
  • Consider if individuals are open, curious, and willing to engage with data.
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