Shownotes
In Episode 11, of Season 4, of Driven by Data: The Podcast, Kyle Winterbottom is joined by Dr Raoul-Gabriel Urma, Executive Chairman of Cambridge Spark, where they discuss the role of education in Data & Analytics success, which includes;
- Creating a business out of a passion for education and technology
- Gaining a PhD in Computer Science at the University of Cambridge
- Becoming a published author
- The pace of technological change and transformation is becoming bigger and faster
- How CDOs/CIOs are constantly battling to adopt and embrace that change
- Creating a business out of a passion for education and technology
- Why there’s too much hype in the industry and the impact that has on expectations
- Why there needs to be more education around commercial use cases for business leaders
- What it will take for Data and AI to be a profit centre
- Why it’s always about people (staff and customers)
- The importance of being able to see the impact of your work
- The retention challenge; why Data and AI skills are in high demand
- Why you have to invest in people to keep pace with technological advances
- How education supports retention
- Why CDO tenure often disincentivises education and people investments
- How the role of the CDO is expected to deliver ROI like any other exec role
- The power of a strong HR business partner
- Getting the balance of delivering quick wins while also building for and investing in the future
- Educational use cases from some big brand names
- How apprenticeship programmes can create several £m in top-line
- How graduate boot camps are reducing time to ROI
- Why educated leaders understand how talent delivers profit
- Why people are the first to go when costs need to be cut
- Why most UK organisations don’t realise the apprenticeship levy is readily available for training existing staff
- How a lack of value realisation may become a blocker for investment in education
- How business leaders don’t view data and AI as something that will support revenue growth
- Why training is needed for business leaders to understand how a data strategy delivers value
- Why that is the job of the CDO and the importance of selling
- Why CDOs need to take more credit for what they do
- Understanding which educational avenue is best for your organisation
- The benefits of career changers and reskilling