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Creating a ML strategy
Big Data Expo 2022
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Who are we?
Paulien Out Sven Stringer
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What value do you hope to achieve?
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"Not everything that
can be counted
counts, and not
everything that counts
can be counted."
- Albert Einstein
Measuring value
Relevant
KPIs
Aligned
metrics
Realistic
objectives
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Types of data products
Report
Software
product
Machine
learning
Descriptive
analytics
e.g. Customer
satisfaction dashboard
e.g. Price forecasting system
e.g. Customer segmentation
e.g. Profit/Loss
report
Data maturity
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“Mechanistic thinking
focuses on “what,”
and holistic thinking
digs into “why.”
― Pearl Zhu
What could possibly go wrong?
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Five pillars of ML strategy
Organisation Process Technology Data
ML Strategy
Value
People
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People
Organisation Process Technology Data
ML Strategy
Value
People
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Strong competition for talent
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Best practices
Career
development
Train
internally
Hire
expertise
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Organisation
People Organisation Process Technology Data
ML Strategy
Value
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Data-driven ambitions
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Best practices
Divide and connect Mixed teams Share
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Process
People Organisation Process Technology Data
ML Strategy
Value
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Insufficient alignment
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Best practices
Design products
not models
Align on
metrics
Use case life
cycle
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Technology
People Organisation Process Technology Data
ML Strategy
Value
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Too many technological options
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Best practices
Align to maturity
level
Develop strategic
products in house
Self-service
solutions
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Data as an asset
People Organisation Process Technology Data
ML Strategy
Value
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Data mess
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Best practices
Use case focus
vs data focus
Monitor data
quality
Centralize data
governance policy
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What does this mean for you?
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Next step: filling in the blanks
People Organisation Process Technology Data
ML Strategy
Value
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"The essence of
strategy is choosing
what not to do." —
Michael E. Porter
Coloring the strategic pillars
Identify key
questions and
options
Choose
strategic
initiatives
Inform and listen
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“Plans are worthless,
but planning is
everything.”
- Dwight D. Eisenhower
Execute your strategy
Organize cross-
functional
workshops
Identify planning
requirements
Try, evaluate,
and repeat
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“Intelligence is the
ability to adapt to
change.” – Stephen
Hawking
Take home message
Holistic strategy
Step-by-step
change
management
Value over
technology
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“Intelligence is the
ability to adapt to
change.” – Stephen
Hawking
Want to have a chat?
Visit us at stand 53
for a good cup of coffee
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Phone +31 (0)168 479294 Email [email protected] Coltbaan 4C, 3439 NG Nieuwegein, The Netherlands
Address