The Ethics of Being Data-Driven

Randy talks about what it means to be truly data-driven, growth in the industry, and the ethics around collecting and using data.
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ABOUT THE GUEST

Randy Bean is CEO and Founder of NewVantage Partners, 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”.

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.

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

Thanks to our friends

Truth Be Known is brought to you by Talend, a leader in data integration and data integrity, enabling every company to find clarity amidst the chaos. Talend Data Fabric brings together in a single platform all the necessary capabilities that ensure enterprise data is complete, clean, compliant, and readily available to everyone who needs it throughout the organization. Learn more at Talend.com

 

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