4 ms·
I think the whole "data-driven" ideology is getting worn out. It's especially bad on a lot of data science teams because there can be a lack of serious managem
by tryitnow 7y ago
I think the whole "data-driven" ideology is getting worn out.
It's especially bad on a lot of data science teams because there can be a lack of serious management experience and know-how if the team has a background mostly in academia. Academia is full of extremely dysfunctional behavior, even moreso than corporations, which is shockingly hard to pull off!
Everything described in this article is old hat for experienced, knowledgeable executives, people in the know have been talking about these ideas for at least half a century (dating back to Drucker, Deming and others).
While I agree with the authors' recommendations, I disagree about their diagnosis. I think Wells Fargo's main problem was a lack of internal controls, which is a boring, but necessary part of any large business.