It requires exceptional executives and an exceptional executive data scientist today, no doubt. Though, based on my experience it is possible given mutual due respect. Executives are domain experts, and I’m a business economist-statistician / econometrician. We work together to pool our understanding given our vantage points and differing abilities, skills and knowledge. By working together, and applying the right skills to important situations, it’s possible to avoid a lot of conformation bias it would be difficult to avoid otherwise (and the result is growth and smooth operation). ie- through analysis, it’s possible gain alignment & prevent all kinds of erroneous assumptions (resulting in increased growth).
I’ve been performing it informally for many years and more formally for the last year and a half as Zapier’s Principal Data Scientist. I really enjoy combining my advanced technology, business, economic and statistical skills with large scale business opportunities to produce innovation for people and earnings for the company.
My goal is ensuring executives are making decisions using the best information possible. It’s highly collaborative to maximize the amount of pooled information (because executives are deep experts, too). Based on how it’s gone so far, I think it’s innovative and has a strong beneficial affect on the quality of decisions (and output as you’d expect). ie- applying more technology & skills improves output volume and quality.
