You have probably heard the buzzword “data-driven” so many times that it now gives you nausea.
“Data-driven” is a big thing these days. We want our people, across functions, to be data-driven.
That is touted as one of the drivers behind digital tools and technologies investments.
And it is true.
Only if we understand what exactly that means.
To highlight that they are building “data-driven” teams, many leaders force their teams to chase metrics and KPIs. The rationale is that if they can manage these KPIs, they are using a “data-driven” approach to run whatever they are running.
But are they?
Instead of understanding that building data-driven organizations is more about skill set development, we have put chasing KPIs at the core of it. This means that those being evaluated with these KPIs will find ways to “manage” these KPIs.
This is the challenge we will discuss in Episode 11 of “Think About It”.
Kumar Singh is the founder of Designed Analytics LLC, which is focused on helping organizations explore how to leverage data and analytics to effectively compete, thrive and innovate.
Kumar has over a decade of hands-on experience in supply chain and operations analytics. With over a decade of industry experience, he has worked across multiple industries, helping companies set up analytics centers of excellence.
Post his industry experience, Kumar also did a stint in external consulting as a data science consultant with Boston Consulting Group (BCG). Kumar holds an MSc. in AI from Liverpool John Moores University, a Masters in Supply Chain from The Ross School of Business at The University of Michigan, Ann Arbor, an MBA in Operations Management from IIT Roorkee, India, and an undergraduate degree in Electrical engineering.
Kumar is ASCM CPIM, CSCP, and CLTD certified and holds the PMP certification from PMI. He is also an AWS-certified Machine Learning Specialist and Microsoft certified in the Azure IoT developer specialty.
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