The Importance of Data Literacy feat. Bill Franks

18/04/2022 55 min Episodio 125
The Importance of Data Literacy feat. Bill Franks

Listen "The Importance of Data Literacy feat. Bill Franks"

Episode Synopsis

Data literacy is now a baseline benchmark for being an intelligent manager.​​Bill Franks is the Director of the Center for Statistics and Analytical Research within the School of Data Science and Analytics at Kennesaw State University. In this role, he helps companies and governmental agencies pair with faculty and student resources to further research in the area of analytics and data science. He is also Chief Analytics Officer for ​The International Institute For Analytics (IIA) and serves on the advisory board of ActiveGraf, Aspirent, DataPrime, DataSeers, and Kavi Global.​Franks is also the author of the books: Winning The Room, 97 Things About Ethics Everyone In Data Science Should Know, Taming The Big Data Tidal Wave, and The Analytics Revolution. Greg and Bill explore in this episode data literacy, AI tools in the data space, and why you might want to hire a Chief Data Officer. Episode Quotes: What “bias” really meansPeople think of bias always being about, it has to be race or economic. It can just be bias towards factors that are important from a business perspective that no one else would care about. But if it's biased towards, I'm going to have more errors in my large size than my small size, that could be a problem if my large size has a cost model that's much higher than my small size. I either want no bias or, or I want a bias that biases towards more errors on the small side.Data officers are important nowI think the cool thing today in many companies, we actually have analytics, data science oriented people at that table now. And that's what I think this whole trend of the Chief Analytics, Chief Data Officer represents. It’s recognizing that it deserves a seat at the table.Data ethics & biasesThat's where the ethics has to become proactive where you're not only thinking of it on the frontend, but you're also doing diagnostics on the backend to make sure is there a bias inherent in this on the backend that we could not have predicted? Or is it working in a way that appears correct and is wrong?Show Links:Guest Profile:Professional Profile at O’Reilly PublicationsBill Frank’s WebsiteBill Franks on LinkedinBill Franks in TwitterBill Franks on YoutubeHis Work:Blog Posts on International Institute for AnalyticsWinning The Room: Creating and Delivering an Effective Data-Driven Presentation97 Things About Ethics Everyone in Data Science Should Know: Collective Wisdom from the ExpertsTaming The Big Data Tidal Wave: Finding Opportunities in Huge Data Streams with Advanced AnalyticsThe Analytics Revolution: How to Improve Your Business By Making Analytics Operational In The Big Data EraI Need to Tell You Something: Life lessons from a father for his teenage children Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More episodes of the podcast unSILOed with Greg LaBlanc