ABOUT THE GUEST
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.
“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.”
*[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
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