the next #3: Data Culture, 3 Questions to Stefanie Babka, Data Culture Lead @ Merck, Research, Links and more.
Sebastian Heinz
Founder & CEO @ statworx | Co-Founder & CEO @ AI Hub Frankfurt | Board Member @ AI Frankfurt e.V. | Investor | Advisor | Speaker
Welcome to the next #3 ??
This edition of the next is dedicated to the important topic of Data Culture. As more companies are adopting data and AI technology in their business, the need for establishing a culture around data-driven decisions prominently emerged over the last years. In BARC s recent Data, BI and Analytics Trend Monitor 2022 data culture was featured within the top 3 trends in the analytics market - consecutively for the last three years.
Without a doubt, there is a significant human component to having success with data and AI in your company. This is underpinned by many studies such as the 2020 State of AI Study from 麦肯锡 or the 2021 Big Data and AI Executive Survey from NewVantage Partners | A Wavestone Company that states that "more than 92% [of respondents] attribute the principal challenge to becoming data-driven to people, business processes, and culture, with only 8% identifying technology limitations as the barrier."
These findings go hand in hand with what I observe in the market. While many companies started investing heavily in technology and infrastructure, only a few also identified people as a key component of their data and AI strategy. I am sure, that this is about to (and must) change as more companies are bringing their AI solutions into the business.
Bottom line: People matter in AI.
??? 3 Questions about Data Culture to Stefanie Babka, Data Culture Lead at Merck
Recently, I had the opportunity to work with Stefanie Babka , Data Culture Lead at Merck Group on their Data Culture initiative. She and her team are working at the intersection of Merck's Group Data Strategy and the important topic of Data Culture.
Me: "Stefanie, what does Data Culture mean to you?"
Stefanie: “Data Culture is what remains of the transformation when no one is watching. It is a skillset and mindset. Or to put it in another way: When data-driven thinking is so firmly anchored in corporate culture that?it has become a habit and is deeply embedded in our ways of working.”
Me: "What is Merck doing to foster its Data Culture?"
Stefanie: "Data Culture is not something you can just turn on - or buy into. It's a journey. We're fighting on three fronts:
Me: "What advice would you give to leaders that are just getting started on their Data Culture?"
Stefanie: "Form alliances. There are data culture warriors in every company. If you find and unite them, you can achieve a lot together. We deliberately attach ourselves to existing processes and initiatives to sneak our strategic data topics in. From the recruiting and onboarding process to transformation activities or existing formats for management training, we incorporate our data strategy everywhere we can."
Me: "Stefanie, thank you very much for your valuable input on this important topic. From what I have seen and learned about Merck’s Group Data Strategy and its work on Data Culture I can say that you are playing at the forefront of the industry!"
Stefanie: "Thank you! And one important other thing on capabilities: We have a Data & Analytics talent pool, so if anyone reads this who is interested to work in a vibrant Science & Technology company like Merck on data topics feel free to ping me on Linkedin ??"
?? Study of the week: “Culture, Change, Communication” by appliedAI
This interesting whitepaper by appliedAI Initiative GmbH about “Culture, Change, and Communication” illustrates how to successfully implement AI in your organization and create a data and AI-friendly culture. Below, I've collected some key takeaways for you.
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Build your AI application with the people in focus
Move from tech-centered to user-centered development, which ensures that AI programs do not feel like technology but behave and feel supportive and safe.
Empower your organization
This interesting and well-conducted research by appliedAI also illustrates why end-users mistrust AI solutions and features many references and insights from other studies. Furthermore, it includes practical guidance on how to empower your organization with AI.
?? Can. Do. Want. A quick intro to our take on Data Culture at statworx, by Janine Kerner , Manager AI Strategy
There's no question that creating a data culture is hard. It takes time, effort, and a lot of patience. But our experience shows that it's worth it.?
A data culture - respectively data-driven decisions and actual usage of data-based tools - is fundamental in enabling organizations to make better decisions, improve communication and collaboration, and increase profits.?
However, creating a data culture is not a one-time event. It's an ongoing process that requires continuous attention and investment. During our projects we identified three key aspects to focus on as you work to create a lasting data culture in your organization:?
All of the former three aspects need dedicated attention and programs to spark and guide the culture of a company in a data-driven direction. If you're interested to learn more, feel free to approach Janine or me here on LinkedIn.
?? 3 LinkedIn Gems
?? Events and announcements
This week, you can meet me at the Digital Festival in Zürich. Together with Stephan Müller and Fran Peric from our Swiss team, I will host a workshop on NLP and its business applications. Furthermore, I will be joining a panel on "Bias in AI" on Wednesday by Allen & Overy at the Jewish Museum in Frankfurt; Dr. Maria A. Boerner , thank you for the invitation! Lastly, I will be attending a Masterclass on Data-driven Commerce at DMEXCO - Digital Marketing Expo & Conference together with Dr. Benedikt Kasper and Dr. Oliver Bohl .
?? About
My name is Sebastian, I am the founder and CEO of?statworx , one of the leading companies for data science, machine learning and AI in the German-speaking region. I am a board member of?AI Frankfurt Rhein-Main e.V. ?and an active business angel for AI start-ups. In my spare time, I love to travel, cook and make music with my drum computer ??????
Get in touch:?If you want to connect, or you're looking for an exchange or in-depth discussion, feel free to contact me through LinkedIn. I am always there to help!
Co-Founder AI Hub Frankfurt
2 年Oliver Schwebel Oliver Pietsch Nico Baum Kai Beckmann Jochen Papenbrock Mario Mattera Bernd Beckert Fabian Ellwanger Dr. Florian Nielsen Carsten Knop Markus Miele Caroline Heide Bernd Leukert Thorsten G?bel ??
AI / IT / Data Privacy Consultant
2 年Perfectly succinct: “Data Culture is not something you can just turn on - or buy into. It's a journey.” Thanks for sharing your short but interesting perspectives Sebastian Heinz and Stefanie Babka
Thank you very much for having this important topic!
Empowering Marketing Teams with AI: Doubling Efficiency, Saving Time & Money| The Content AI King | Speaker | Author | Consultant
2 年Nice ! Thanks for sharing Sebastian Heinz