When hiring talented PhDs and Data engineers is not enough…

When hiring talented PhDs and Data engineers is not enough...

Yohan Albo - CEO DataToCapital Consulting LTD.

By Yohan Albo

I had an interesting discussion with the CEO of a large group yesterday…

We reviewed his company’s past data science and data-driven initiatives, most of which have failed reaching their initial strategic goals in his view, despite the relatively large investments made…

Profit Heat Map

One of the points we discussed was why Data Science and Predictive related projects are definitively not (only) about hiring smart PhD’s and talented data engineers…

The knowledge of data manipulation and number crunching are important skills, but could be worthless if you don’t fully understand what they mean to the specific business problem you are trying to address, and if you are unable at the end of the day to generate actionable insights that management will understand and trust…

The knowledge of data manipulation and number crunching are important skills, but could be worthless if you don’t fully understand what they mean to the specific business problem you are trying to address, and if you are unable at the end of the day to generate actionable insights that management will understand and trust…

To succeed, in most cases, a new role will need to be added to the act to support these initiatives:
The Data-driven business strategist!

On one side, the Data-driven business strategist works alongside the decision markers to define the business problem in detail, specify how the to-be-proposed solutions could be best formulated and visualized, and define the level of context information management will need to receive for the the results to be justified and trusted.

 

On the other side, this new player will work with the IT and analytics teams to plan, verify and frame the deliverables before reporting them to management.

Find out More

DataToCapital is a boutique management consulting firm that supports global tier-1 firms and start-up companies operating in Israel in their route to excellence and market dominance. Our core services, designed for CEOs, Executives (VP-level and above) and Entrepreneurs, can be divided into three areas: Market Intelligence, Corporate and Product Strategy, and Execution Support on top-down strategic initiatives.

The quality of the work we deliver in the three areas mentioned above is equivalent to what your company may already get from the top-3 consulting firms that operate in the Israeli market, BUT here’s the twist and why our tier-1 clients think we are superior.

We don’t only provide smart recommendations, we work closely with the management team and can also support driving the execution of their strategic initiatives behind the scenes or as a proxy.

We are at the strategic intersection of Business and Technology. Thanks to our rich background, we know how to connect the dots between the two worlds, and how to be very creative when it comes to disrupting business models or addressing sub-optimized processes with the help of advanced technological solutions (Machine Learning, Big Data, Data Visualization, Enterprise Software Solutions, and many other tools present in our toolbox).

This is a built-in feature. No account manager, no complex communication chain, etc... This is why our firm aims to dominate the management consulting market in Israel with no more than eight talents (...on steroids).

Our long-term vision is to become the trusted advisor to the most influential businesses and institutions operating in Israel, and help them become global leaders in their markets.

DataToCapital Consulting Is An Active Member Of The Israel Advanced Technology Industries (IATI) Association And Of The Israel's Directors Union

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