The panelists discussed the importance of investing in talent and creating a workplace where data scientists can thrive. They emphasized that data science is an analytical tool and a cultural transformation that needs to be supported from the top down. They suggested proactive steps such as what it takes to hire with so many people opting to work remotely, building trust in the organization, and aligning the business with its AI initiatives.
Talent Acquisition & Retention
The speakers agreed: Data science talent is hard to find. Recruiting and retaining data science talent can be a challenge. To ensure the best possible results, businesses should provide flexible working arrangements for their employees. This could allow teams to work remotely or from different locations when needed. By providing such flexibility, employers demonstrate that they value their people, which helps to foster loyalty and increase employee retention rates
You also have to create an environment that allows data scientists to experiment and be creative. They need to be able to explore, learn and push boundaries. Giving them the right tools and access to resources is also essential.
Align Business with AI Initiatives
Businesses must align their initiatives with their AI strategies. Without this alignment, companies may miss out on potential opportunities or, worst case, lose competitive advantage. The panelists suggested that data scientists be involved in setting goals and objectives and helping to ensure that all stakeholders are on the same page and understand each other's roles.
The panel concluded by emphasizing the importance of investing in talent and creating a workplace where data scientists can thrive, setting clear goals and objectives for AI initiatives, and building trust among teams and stakeholders.