2X Founder & CEO @ Tensor Planet | Transforming Waste Management | MIT SMR Columnist | TEDx Speaker
How should you pick the best #DataScience initiatives? How will this impact your organization's data maturity journey? In this week's video, I share a framework that has consistently helped our clients at Gramener get the best ROI from #data. Here, data science initiative could mean a business-impacting project, a process revamp, or a people initiative like upskilling. Which quadrant do most of your projects fall into? #data #analytics #business (Link to last week's video post in the comments)
I really like this - a very effective way to engage leadership and stakeholders in determining and prioritizing which projects to pursue and the resultant benefits/returns. Very valuable process especially where resources are in short supply.
It was very useful!!!
Brilliant video, Ganes???? I agree, at an org/project management level, an amalgamation of both short wins+long term strategic decisions will add value and impact, however, one has to clearly set the expectations (the quadrant approach you shared explains it). From a marketer perspective, 40% efforts aligned to pipeline gen/performance marketing and 60% efforts into branding is what I would say wins.
Ganes - this is good ?? It’s important to keep only few projects in High urgency, High impact quadrant. Show success and build momentum on DS across the organization & use for branding exercise as well. At times, I have seen a tendency to classify most project ideas as highly urgent and high impact. In such cases where we are unable to drive consensus in cutting down the list, few second level criteria to consider for prioritizing further could be 1) scalability 2) replicability potential 3) Project mix (variety of themes) 4) Competitive risk (what’s the extent of damage if we postpone the project?)
Thanks for sharing .Your way of teaching is awesome.
Last week’s whiteboarding video on data science stagnation: https://bit.ly/3jxJO6c
Ex-Microsoft Data Scientist | Building Super AI Data Agents: Your On-Premise Co-Pilot that reuses your Power BI & Tableau Dashboards to perform human-like Data Analysis | Foundational Deterministic Model for Data
4 年Ganes Kesari I’m secretly strengthening my business knowledge arsenal of facts & desires theory. This story is such a perfect fit. Beautifully explained. ??