The ethics of being data-driven

This episode features an interview with Randy Bean, CEO of NewVantage Partners. In this episode, Randy talks about what it means to be truly data driven, growth in the industry, and the ethics around collecting and using data.

About the guest Randy Bean is CEO and Founder of NewVantagePartners, contributor to Forbes, MIT Sloan Management Review, Harvard Business Review, and The Wall Street Journal, and author of “Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI”.

Quotes

“Being data driven doesn’t mean being a robot where you just look at the data and thereby make decisions blindly. You have to bring to bear human judgment and experience. But you should look at the data. You owe it yourself. You owe it to your customers, you owe it to your colleagues, and you owe it to the industry to gather the best possible data, the most accurate, the most timely, the highest quality data you have. Look at it, review it, analyze it, synthesize it, digest it, and then make some decisions.”

Time stamps

[3:26] Introducing Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI
[5:59] Why is good data so important?
[10:55] Common issues in becoming data-driven
[12:46] How to start on the pathway to being data-driven
[15:19] Data in layman’s terms
[19:59] Using data to remain agile
[21:19] What does “data-driven” mean anyway?
[24:40] The beginning of the data revolution
[25:27] The good, the bad and the ugly data ethics
[35:13] Communicating the data message

Links

Check out Randy’s book, “Fail Fast, Learn Faster” | Connect with Randy on LinkedIn | Follow Randy on Twitter
Connect with Lauren on LinkedIn | Follow Lauren on Twitter

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