55. What data scientists do and how to work with them

Big data and predictive analytics can help you make profits, sell clothes and strike oil. But, unless you know how to ask data scientists the right questions and then use their answers, data are just a collection of meaningless facts.

Listen to this episode to learn what data scientists do and how to work with them.

 

Learning notes from this episode:

• Every senior level professional today has to learn to speak tech: knowing the concepts of how digital products get made is now basic literacy.
• Working with data scientists can be broken down into three steps: 1) ask the right question, 2) get insight 3) take action based on the insight.
• Predictive analytics are based on past data, which does not make predictions future proof and does not take account of shocks to the system.

 

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