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Predictive Analytics Essential Training for Executives (2020)

Predictive Analytics Essential Training for Executives (2020)

1h 20mIntermediate2020-02-25

Authors

Keith McCormick

Keith McCormick

Data Miner, Trainer, Speaker, Author

Course details

Organizations in nearly every industry are seeking and hiring data scientists, but many of these professionals don’t remain at their posts for long. Even though data analytics skills are highly valued, individuals with this skill set can't make an impact unless middle and senior management know how to leverage analytics for the long-term benefit of their organization. The challenge is that most of the people overseeing advanced analytics don’t have backgrounds in data science themselves.

In this course, Keith McCormick shows executives who aren't fluent in data analytics how to hire data science professionals, manage data science teams, and transform their business with effectively deployed advanced analytics. Keith details how to hire a well-rounded team, including how to identify top-performing data scientists. Plus, he shares how to navigate the different analytics and machine learning software options on the market, fit data science into your organizational structure, and more.

Topics include:
- Define propensity scoring and describe its use.
- Characterize typical analytics projects.
- Describe methods for finding and hiring talented data scientists.
- List characteristics, traits, and roles of top-performing data scientists.
- Explain why data preparation is such a large part of any analytics project.
- Describe general features of analytics software.
- Describe how analytics projects, programs, and portfolios should be managed.

Skills covered

ggplotKNIMEData ModelingRPersonaData ScienceOpen Source

Concepts

0. Introduction

  • 01 - Speak the language of data scientists

1. Getting Serious about Analytics

  • 02 - Analytics is about making decisions
  • 03 - Propensity scores and business problems
  • 04 - The unintended consequences of proof of concept projects
  • 05 - Why deployment, not insight, is the primary goal
  • 06 - Analytics as a profit center

2. Hiring for Analytics

  • 07 - Data science job requirements and problems they can create
  • 08 - Growing a data science team organically
  • 09 - Data scientists both with and without vertical industry experience
  • 10 - The importance of subject matter expertise to modeling
  • 11 - CRISP-DM - Established process of producing predictive models
  • 12 - Traits of top performing data scientists

3. What to Consider before Buying Software

  • 13 - Analytics and machine learning software options
  • 14 - Specific data prep for each project
  • 15 - Citizen data scientists and self service analytics
  • 16 - AutoML and self-service analytics - Emerging technologies
  • 17 - Explainable AI and interpretable machine learning

4. Organizational Structure

  • 18 - Analytics project management
  • 19 - The career path of the data scientist
  • 20 - Who data scientists should report to
  • 21 - The CAO - Organizational structure from a senior executive POV

Conclusion

  • 22 - Next steps

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