Unlock the secrets of data science's transformative role in business with our guest expert, Dr. Hisham Talukder. In this episode, we dissect how data science has evolved from the ivory tower to the tech trenches, where statistical acumen and coding chops reign supreme. We're untangling executive misunderstandings and advocating for the strategic deployment of data science—not as a panacea, but as an essential precision tool aligning with organizational ambitions.
Prepare to navigate the captivating tides of generative AI and its disruptive potential across various sectors, especially the game-changing ad tech landscape. We're spotlighting the importance of thoughtful adoption and incremental project launches to ensure congruence with corporate visions and to unlock the transformative power of this technology. Tune in to sharpen your foresight and join the conversation at the intersection of data science innovation and business acumen.
In this episode you'll learn the following:
1. Understanding that data science is a tool that needs to be used appropriately and strategically.
2. Importance of interweaving data-driven approaches with established business frameworks.
3. The role of data in decision-making and problem-solving.
CONNECT WITH HISHAM:
https://www.linkedin.com/in/hisham-talukder-b20b6647/
This episode is sponsored by LucidPoint
Are you struggling to take your IT organization to the next level?
We help our customers do so with confidence. Turn your vision into reality, call LucidPoint today!
https://www.lucidpoint.io/
CONNECT WITH SUSIE:
https://www.linkedin.com/in/susietomenchok/
CONNECT WITH JAMES:
https://www.linkedin.com/in/capps/
1 00:00:03
Speaker 1: Welcome to the Quick Take podcast, the show where you
00:00:06
get targeted advice and coaching for executives by
00:00:10
executives.
00:00:10
I'm Suzy Tomlinchuck.
00:00:12
Speaker 2: I'm James Capps.
00:00:13
Give us 15 minutes and we'll give you three secrets to
00:00:15
address the complex topic of issues that are challenging
00:00:18
executives like you today.
00:00:23
Speaker 1: Hey, welcome to Quick Take.
00:00:24
I'm your host, suzy Tomlinchuck , along with James Capps.
00:00:27
How are you, james?
00:00:28
Speaker 2: I'm proud to be here.
00:00:31
Speaker 1: I am super excited too, because you brought a
00:00:33
friend along.
00:00:34
You brought a friend.
00:00:37
Speaker 2: I brought a friend along.
00:00:38
It's like he's my chaperone but , yeah, very excited, we've got
00:00:44
a good friend of mine, dr Hitchin Tolerctor, here today
00:00:48
who has got a great background in data science, super sharp
00:00:55
individual I've learned a lot from in this space.
00:00:59
We thought today would be a great opportunity for us to talk
00:01:01
a little bit about data science , talk about the history and the
00:01:04
evolution of that space.
00:01:06
Gosh, so much is going on there , so many of our guests and our
00:01:11
listeners are asking questions about that.
00:01:13
We thought we'd bring Hitchinman to talk a little bit
00:01:17
about that.
00:01:19
Speaker 1: Dr, this is a person that knows what he's talking
00:01:22
about.
00:01:22
I'm in awe.
00:01:24
Thank you for bringing him.
00:01:25
Yes, yes, I have a new friend too.
00:01:28
Speaker 2: There you go, Hitchin .
00:01:30
Why don't you just set the stage for us on this ecosystem?
00:01:34
Speaker 3: Yeah sure, James, Suzy.
00:01:36
Great to be here, James.
00:01:37
We're officially friends.
00:01:38
I have it on video now so you can deny it from my friend.
00:01:43
I think my experience in data science is very unique because
00:01:47
I've seen the evolution of data science.
00:01:50
I've been in this data science field for about 10 years now.
00:01:53
I come from a PhD in applied statistics.
00:01:55
I remember my first job out of grad school it was like I was
00:02:00
only working with PhDs, so it was a team of four to five data
00:02:03
scientists, all PhDs, Two.
00:02:05
If you look at the data science field now, hey, if you know how
00:02:09
to code, if you know statistics, if you know math and you know
00:02:14
how to code really, really well, you can be a data scientist.
00:02:17
And that's not to say that the skill set has gotten down.
00:02:21
It's really around the evolution of technology, the
00:02:25
evolution of computers, that have seen that change.
00:02:28
And I've worked on data science teams where you're in the back
00:02:33
room all you're doing is coding, and I've worked with data
00:02:36
science teams where you're working with the most senior
00:02:39
leader in an org or a company to try to understand problems that
00:02:43
you could potentially solve with data science and any
00:02:46
spectrum in between, and obviously you need different
00:02:48
skill sets to tackle all of these different problems.
00:02:53
Speaker 1: Yeah, and I was thinking when you were talking
00:02:55
about that is such a different place than I am.
00:02:58
I am not a technologist and so I would never be in those rooms.
00:03:03
And I actually was just meeting with a friend of mine who's a C
00:03:05
level person and she said I feel a lot of pressure to know
00:03:09
more than I do and it makes me really nervous, and so I really
00:03:13
would like us to really unpack that.
00:03:16
What do you see at those high levels about what their
00:03:20
assumptions are?
00:03:21
Speaker 3: Yeah, I think one of the biggest things that I've
00:03:23
seen consistently is this data science being treated as a
00:03:29
silver bullet, a black box.
00:03:30
You give me a problem, data science will solve it.
00:03:34
And there's always this discussion, whenever I join a
00:03:36
company, whenever I join a new team or even an existing team
00:03:40
that's been there for a couple of years, of talking to
00:03:44
leadership and trying to explain to them what data science is.
00:03:47
Data science, like any other role, like any other field, it's
00:03:51
sort of building a house, right ?
00:03:52
Like you need to first build a foundation, you need to build on
00:03:56
top of it, you need to start with the easy problems.
00:03:58
And then one other thing is data science always needs to
00:04:02
match the business that it's trying to help.
00:04:05
Not all businesses need Gen AI, not all businesses need this
00:04:10
complicated solution, right.
00:04:12
So it's like really working with leaders, not as a way of
00:04:16
educating them, but almost partnering with them, to say,
00:04:19
like, here's what data science is, here's what data science is
00:04:22
not.
00:04:22
Now, how can I help your business in the most effective
00:04:27
way?
00:04:28
Speaker 1: I think also, what you're saying is don't be afraid
00:04:31
to ask the questions like how does this fit together?
00:04:33
Because to me, from a person that is, I was in the business
00:04:37
piece of it, when I'm working with somebody that really has an
00:04:41
expertise around data and technology, to really just be
00:04:46
like how do we make this work?
00:04:47
Speaker 3: Yeah.
00:04:49
Speaker 1: Like to your point about the baseline.
00:04:50
How do we work best together?
00:04:52
Speaker 3: I think that's a really good point.
00:04:53
It's not just at a human level how to work with partners but
00:04:57
also at a technology level.
00:04:59
Where I have seen in my experience data science be the
00:05:03
most successful is when it becomes a part of the overall
00:05:08
system.
00:05:09
For example, I worked in an ad tech company where we wanted to
00:05:15
make sure we're showing the ads that is most relevant to our end
00:05:18
user.
00:05:20
If you think about that system of showing that ad people come
00:05:23
into a website.
00:05:24
It fires over requests, ads get sent, people click it, then
00:05:28
they go and may or may not purchase it.
00:05:30
That's the system.
00:05:31
What you don't want to do is come in and say, hey, let me do
00:05:34
an analysis and let me tell you build a PowerPoint slide of
00:05:37
what's going on.
00:05:38
You want to make sure you build a solution that you could
00:05:41
almost insert into a system.
00:05:42
Now the system becomes people come into a website, they
00:05:46
request an ad.
00:05:47
The ad goes to my data science system, gets the scores out, it
00:05:52
tells it what ad to show, then it goes back and continues it.
00:05:55
It's not only just building a partnership of togetherness at a
00:06:00
human level, of making sure you have the right partners and
00:06:02
you're working together, but also at a technology level, and
00:06:05
making sure everything is working together and talking to
00:06:08
each other.
00:06:08
Wow.
00:06:12
Speaker 2: I really see the need to decompose that mystery.
00:06:15
Really.
00:06:17
Take from hey, we've got this new thing I saw on the InFlight
00:06:20
Magazine and I want my company to implement it to hey, let's
00:06:24
take a look at what we're trying to solve, for what are the
00:06:27
problems we have and how do we articulate them?
00:06:30
I love that jump from magic bullet to individual problem
00:06:36
solving.
00:06:37
I think that's something that so many leaders lose track of
00:06:40
and expect.
00:06:42
Maybe my data sciences will just solve my problem.
00:06:46
Speaker 3: I think where that is the most successful is, once
00:06:51
again, when it's a partnership and you're working together.
00:06:53
I always tell my business partners you know the business a
00:06:57
lot better than I do.
00:06:58
What you don't want to do is come to take lessons from me of
00:07:03
here's a business problem you should be solving.
00:07:04
You should be bringing up a business problem.
00:07:08
We should have a discussion, and I know the technology, you
00:07:11
know the business.
00:07:12
That's where we make the best partnership.
00:07:14
It's not a one way street.
00:07:16
It's not them telling us or us telling them.
00:07:18
It's really working together.
00:07:20
And I do think that evolves as you gain more and more trust
00:07:23
with your partners.
00:07:24
As you gain more and more trust , sort of the opportunity start
00:07:28
to open up.
00:07:29
Right Now we can take some big bets that they might not be
00:07:32
thinking about because they have that trust that, hey, we've
00:07:35
been able to build certain things.
00:07:37
That's become ROI positive.
00:07:40
Speaker 2: So what I'm hearing you say, if the first real you
00:07:43
know the nugget we want to talk about, is really realize that
00:07:45
it's not a silver bullet the second thing I'm hearing you say
00:07:48
, though, is you've got to create that trust and you've got
00:07:50
to create that dialogue, and to do that, you really need to
00:07:53
start small, and is that really the best way you've seen people?
00:07:58
Speaker 3: work together.
00:07:58
That's right.
00:07:59
I think you need to start small and you also need to, going
00:08:04
back to that house analogy, build the foundation and sort of
00:08:08
a vision of how that will evolve, right?
00:08:12
So it's like, hey, for example not surprising to anyone data
00:08:16
science needs data.
00:08:17
Data needs to be part of that foundation, right?
00:08:21
Many times I've been in sort of the final presentation of a data
00:08:26
science model where they will bring up issues, but it's not
00:08:31
really issues around the model, it's issues on the data, right.
00:08:33
And it's like hey, like yes, but we've assumed that we have
00:08:39
issues with the data, right, you need to assume certain things
00:08:42
about the data to move further, because what you can do, also on
00:08:46
the other side, is wait for perfect data, right?
00:08:49
So, like, you need a foundation of data, you need a culture of
00:08:53
data.
00:08:53
The culture of data means, hey, data science not all the time
00:08:58
will work.
00:08:59
You need that ability to fail.
00:09:01
You need that ability to learn from your failures.
00:09:03
You need the ability to experiment.
00:09:05
So I think, like, If you pair up data, if you pair up the
00:09:10
right culture and the right buy-in from the senior
00:09:13
leadership, that's where you start to evolve this culture of
00:09:18
data science.
00:09:19
You can put a vision forward that is not just project to
00:09:22
project but more around business challenges to business
00:09:26
challenges.
00:09:27
Speaker 2: Yeah, I think that it's so fascinating how so many
00:09:30
of our implementations, our journeys, our changes are really
00:09:34
foundational on culture.
00:09:35
You can do a lot of things.
00:09:37
You can bring in consultants, you can bring in new tools,
00:09:41
technology.
00:09:41
At the end of the day, you've got to have a conversation
00:09:45
around culture because, as I always say, the technology is
00:09:51
the easy part, the people is the hard part.
00:09:53
That culture has got to be part of the conversation.
00:09:56
One thing around.
00:09:58
Speaker 3: That is, that culture doesn't just stop.
00:10:01
You don't need investing in that.
00:10:04
Culture doesn't just stop.
00:10:05
I've worked with the most technology savvy company to
00:10:12
startups that are just getting into technology Both of those
00:10:16
sides.
00:10:17
You need to continuously invest in the culture.
00:10:19
You need to make sure the culture is there, but also you
00:10:24
need to make sure culture is evolving.
00:10:26
The culture that might have worked when your company was 10
00:10:29
people with one data scientist is probably not going to work
00:10:33
when it's 100 people with 2 data scientists.
00:10:38
Speaker 1: Especially at the top in leadership, because you can
00:10:42
assume that everybody has the same mindset as you and, as
00:10:45
things are growing, that everybody is on board and
00:10:50
energetic.
00:10:50
It is really important.
00:10:52
I love what you said about the relationship piece and that
00:10:56
trust, re-evaluating that and re-syncing around making sure
00:11:02
everybody understands the parameters, if you will, around
00:11:05
each of the business challenges.
00:11:07
Speaker 3: Absolutely.
00:11:07
I always told the story to friends.
00:11:09
I always realized I made it in.
00:11:12
A job is when I have a senior person that's not from the
00:11:16
technology side, either the business or product side just
00:11:20
calling me out of the blue and saying hey, I just want to
00:11:22
brainstorm something with you.
00:11:25
That's when you know, as a technologist, you've made it in
00:11:28
that room.
00:11:29
It's not just a technology thing, it's like, hey, I just
00:11:32
want to brainstorm something with you that might start at the
00:11:35
high level.
00:11:35
There's definitely a data science element to it and we're
00:11:37
going to get to that.
00:11:38
That happens to me at every job .
00:11:42
That's when I'm in my head I'm like all right, I've made it,
00:11:44
I've arrived.
00:11:45
I think I've made it in this job.
00:11:47
It's a great feeling because it goes both ways.
00:11:50
You've shown the product and business leader that there's
00:11:54
value you can bring, and also they see the value in a
00:11:59
technologist's leader.
00:12:00
They see the value in a data science leader.
00:12:05
Speaker 1: It makes me think.
00:12:06
As a salesperson, I was resentful of the engineers, the
00:12:12
technology people, even the finance people.
00:12:14
Speaker 2: Wait a minute.
00:12:14
Why ask me all?
00:12:15
Speaker 1: these questions.
00:12:16
Speaker 2: Wait, do you not resentful me?
00:12:17
You love me, I know I was like just get out of here.
00:12:23
Speaker 1: I'm going to tell you when I need you.
00:12:25
You're right that influence is so important.
00:12:29
One characteristic of influence is when you get that call.
00:12:32
People depend on you.
00:12:33
I didn't expect this conversation to go to
00:12:37
relationships and culture, but it really is great to know that
00:12:42
both are so important to the success of this kind of project.
00:12:47
Speaker 3: I think you learn it with experience, because I'm
00:12:51
sure there are people that I work with in the sales
00:12:53
department early in my career that would agree with you, Suzy.
00:12:56
Speaker 2: It's like hey, I hate to work with that guy at shop.
00:12:59
Speaker 3: He thought he knew everything.
00:13:00
But then you kind of evolve, and that's where I meant of just
00:13:04
building that partnership I think is honestly one of the key
00:13:08
factors of data science success .
00:13:09
You need to make sure you have partners that you could rely on,
00:13:13
that you know you could work with to ultimately solve the
00:13:17
problem.
00:13:18
Speaker 2: Yeah, it's, you know it's always about the people.
00:13:21
We say that so often on the show, but and I do think this is
00:13:24
a unique space you know there's so many technologies that are
00:13:27
that are people adjacent or people use, but this is problem.
00:13:30
This is looking at problems and addressing issues that are very
00:13:33
complex and are not simply just an implementation of a piece of
00:13:36
hardware or a new plant or some code that's, you know, doing
00:13:40
additional information security.
00:13:42
Speaker 3: This has the opportunity to really bridge a
00:13:44
lot of areas that I think you're you're highlighting a really
00:13:47
unique part of this, of this emerging space that I think we
00:13:52
need, we need to take into consideration and and the space
00:13:56
Continuously evolved right, like , if you think about once again
00:14:00
going back to sort of my journey , when I came in like
00:14:03
statistical models, like that was data science, right, and
00:14:07
then it went machine learning.
00:14:08
That became sort of a big, big, sexy word in data science.
00:14:11
Then it went artificial intelligence, ai that now you're
00:14:15
seeing a lot of buzz around gen AI and a lot of times what
00:14:19
happens is Something gets introduced huge buzz and then
00:14:23
people start to go, okay, how can I really use this Right?
00:14:27
What can I leverage this for?
00:14:29
Like, in this gen AI space?
00:14:30
I think a lot of companies now are starting to think about okay
00:14:34
, what do I use this for?
00:14:37
Right, and it's not.
00:14:38
It's not something you use for every solution, but there's
00:14:42
clear use cases of it.
00:14:43
You know, I was just looking at a demo the other day of like
00:14:46
basically talking to a computer where it makes videos for you or
00:14:50
it makes images for you right, that's fantastic.
00:14:53
If you're in the ad tech space, you can create ads without any
00:14:56
resources.
00:14:57
That's huge right.
00:14:59
So if you're an ad tech company , you should be investing in gen
00:15:02
AI, you should be Doing that research right.
00:15:05
But not, you know, not if you're any companies I think
00:15:08
like no matter what that technology is within data
00:15:11
science, what I've seen is it applies to different companies
00:15:15
in different sectors in in very different ways.
00:15:18
Wow, all right, why.
00:15:20
Speaker 2: That's just a great insights, hisha, I'm let me let
00:15:23
me kind of wrap up here and see if I can take, you know, some
00:15:27
some three takeaways from for our listeners.
00:15:28
You know, I think the first one that I heard which is so great
00:15:31
is remember this isn't a magic bullet.
00:15:32
It doesn't solve all problems.
00:15:34
And have a realistic perspective on on what this is.
00:15:39
Second, you know, start with small, start with those little
00:15:42
initiatives so you can start to grow and understand where it
00:15:45
works for you.
00:15:45
Should we be doing this for our company?
00:15:48
Are we aligned with this?
00:15:49
That is the technology.
00:15:50
Really, where do we want to see it applied?
00:15:54
And then, third, it's really about the culture, and you've
00:15:57
got to have a data focused culture and your firm has got to
00:16:00
understand and embrace that there is a culture shift if
00:16:03
you're really going to take advantage of technology in this
00:16:06
space.
00:16:06
You equally have to shift the way that you think about data.
00:16:10
How'd I do there?
00:16:11
Is that a good summary?
00:16:13
Speaker 1: No, I thought that was good.
00:16:14
I think that I learned a lot.
00:16:15
That there is the collaboration is really important to your
00:16:19
last point of being there.
00:16:21
Wow, I think we've brought it up a level having a doctor here.
00:16:25
Thank you so much, ishim, for being here today and
00:16:32
enlightening all of the quicksters out there, so we
00:16:35
appreciate you, thanks.
00:16:36
Speaker 3: Absolutely.
00:16:37
This was really fun.
00:16:41
Speaker 2: Hey Susie, I was wondering if we were to have a
00:16:44
mascot for our podcast.
00:16:47
What animal, fictional or real, character or not?
00:16:51
Fictional means not real.
00:16:53
Which would you choose?
00:16:55
And Regis Philbin is chosen.
00:17:01
Speaker 1: Okay, so my mind went all through the zoo just
00:17:05
because it just allowed me.
00:17:06
I have to like kind of do that, and so what came to mind is a
00:17:11
mountain lion, a mountain lion, and fantastic and and you that
00:17:17
obviously I have to explain why well, there's a bit of like
00:17:21
they're.
00:17:21
They're a beautiful animal and so they're interesting to kind
00:17:27
of observe and they're unexpected, like they're what
00:17:33
they do is unexpected and they're also kind of feared
00:17:39
Because you don't know where they are.
00:17:41
And so I like the the a bit of Intrigue and surprise about them
00:17:47
and their strength, like I just think they're so cool, like I
00:17:50
love to watch them walk and just see that, that I do that very
00:17:55
often, but I always feel like when I'm on trail some one of
00:17:59
them was watching and just making a choice like easy, easy,
00:18:03
no way.
00:18:04
We're just gonna leave her alone .
00:18:05
We'll wait till there's somebody that's challenging,
00:18:07
that goes by, but I I just think there's something that's really
00:18:11
captivating About them and interesting and that would make
00:18:16
a good mascot for us, because they are clearly captivating,
00:18:20
intelligent and Powerful yeah, and I think it would draw
00:18:25
attention.
00:18:25
I don't think that's a.
00:18:26
I think that that it's a good one.
00:18:28
It just reminded me of us.
00:18:30
We hope that we're being intriguing and people want to be
00:18:34
a part of it, what we're giving them a strength.
00:18:37
Thanks for listening to this week's episode of quick take,
00:18:42
where we talk about the questions that are on the mind
00:18:44
of executives everywhere.
00:18:45
Connect with us and share what's on your mind.
00:18:49
Speaker 2: You can find us on LinkedIn, youtube or whatever
00:18:51
nerdy place on the internet.
00:18:52
You find your podcasts.
00:18:53
Our links to the show are in the show notes.
00:18:57
Speaker 1: We appreciate you.

