Everything in the world has a price, including improving and scaling your data and AI functions. That means that at some point someone will question the ROI of your projects, and often, these projects will be looked at under the lens of monetization. But how do you ensure that what you’re working on is not only providing value to the business but also creating financial gain? What conditions need to be met to prove your project's success and turn value into cash? Vin Vashishta is the author of ‘From Data to Profit’ (Wiley), the playbook for monetizing data and AI. He built V-Squared from client 1 to one of the oldest data and AI consulting firms. For the last eight years, he has been recognized as a data and AI thought leader. Vin is a LinkedIn Top Voice and Gartner Ambassador. His background spans over 25 years in strategy, leadership, software engineering, and applied machine learning. Dr. Tiffany Perkins-Munn is on a mission to bring research, analytics, and data science to life. She earned her Ph.D. in Social-Personality Psychology with an interdisciplinary focus on Advanced Quantitative Methods. Her insights are the subject of countless lectures on psychology, statistics, and their real-world applications. As the Head of Data and Analytics for the innovative CDAO organization at J.P. Morgan Chase, her knack involves unraveling complex business problems through operational enhancements, augmented financials, and intuitive recruiting. After over two decades in the industry, she consistently forges robust relationships across the corporate spectrum, becoming one of the Top 10 Finalists in the Merrill Lynch Global Markets Innovation Program. In the episode, Richie, Vin, and Tiffany explore the challenges of monetizing data and AI projects, including how technical, organizational, and strategic factors affect your input, the importance of aligning technical and business objectives to keep outputs focused on core business goals, how to assess your organization's data and AI maturity, examples of high data maturity businesses, data security and compliance, quick wins in data transformation and infrastructure, why long-term vision and strategy matter, and much more. Links Mentioned in the Show: Connect with Tiffany on LinkedinConnect with Vin on LinkedinVin’s Website[Course] Data Governance Concepts Related Episode: Scaling Enterprise Analytics with Libby Duane Adams, Chief Advocacy Officer and Co-Founder of Alteryx New to DataCamp? Learn on the go using the DataCamp mobile appEmpower your business with world-class data and AI skills with DataCamp for business
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Dr. Tiffany Perkins-Munn, MD
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You've just invested in licenses for your favorite analytics tool, but now what? In this session, Laura Gent Felker, GTM Analytics Lead at MongoDB, Tiffany Perkins-Munn, Managing Director & Head of Data & Analytics at JPMC and Omar Khawaja, CDAO & Global Head Data & Analytics at Givaudan will explore best practices when it comes to scaling analytics adoption within the wider organization. They will discuss how to approach change management when it comes to driving analytics adoption, the role of data leaders in driving a culture change around analytics tooling, and a lot more.
It's not easy being the head of data & analytics at a large organization. You must align a large team across multiple disciplines; you must deal with oodles of legacy systems and tools that hamper innovation; and you must deliver business value fast to keep executives at bay and your job intact. You also need to recruit dynamic managers who can push the envelope while meeting operational objectives. And when you falter--which you inevitably will-you have to rebound fast.
No one knows these lessons better than Tiffany Perkins-Munn. She currently runs a 275-person data & analytics team at JP Morgan Chase that consists of data engineers, data scientists, behavioral economists, and business intelligence experts. She thrives on versatility, having earned a Ph.D. in Social-Personality Psychology with an interdisciplinary focus on Advanced Quantitative Methods. Building on this foundation, she has accumulated vast experience in the art of managing data & analytics teams during her 23 years in technical and managerial roles in the financial services industry.
In this interview, you’ll learn:
- Tiffany’s secret for aligning a large data & analytics team and keep them from splitting into silos of specialization
- Her favorite techniques for recruiting the right people to her team.
- How to wade through the thicket of legacy systems and deliver innovative solutions quickly.
- The impact of GenAI on her operations and the financial services industry.
- How to advance your careers in data & analytics.
What's more sexy: analytics or innovation? What about combining them! That sounds great, and Thomas Davenport would be so proud if you pulled it off, but the reality is that the idea of innovation through analytics is one thing, while the reality of making it happen is another thing entirely. Dr. Tiffany Perkins-Munn, Head of Marketing Data & Analytics at JPMorgan Chase & Co., joined us for a discussion on the subject! For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.
In this episode, Jason talks to Dr. Tiffany Perkins-Munn, the Head of Marketing, Data, and Analytics for JP Morgan Chase. They discuss the role of critical thinking in data and analytics, how to use critical thinking to move from vision to outcome and if critical thinking is a skill that can be learned. Tiffany shares her brilliant experience and Ph.D. expertise, the importance of finding a balance between critical thinking and quick progression, and why being willing to question everything through critical thinking can open up to great new ideas and possibilities.