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DataScience Show Podcast
Mirko Peters
17 episodes
2 weeks ago
Welcome to The DataScience Show, hosted by Mirko Peters — your daily source for everything data! Every weekday, Mirko delivers fresh insights into the exciting world of data science, artificial intelligence (AI), machine learning (ML), big data, and advanced analytics. Whether you’re new to the field or an experienced data professional, you’ll get expert interviews, real-world case studies, AI breakthroughs, tech trends, and practical career tips to keep you ahead of the curve. Mirko explores how data is reshaping industries like finance, healthcare, marketing, and technology, providing actionable knowledge you can use right away. Stay updated on the latest tools, methods, and career opportunities in the rapidly growing world of data science. If you’re passionate about data-driven innovation, AI-powered solutions, and unlocking the future of technology, The DataScience Show is your essential daily listen. Subscribe now and join Mirko Peters every weekday as he navigates the data revolution! Keywords: Daily Data Science Podcast, Machine Learning, Artificial Intelligence, Big Data, AI Trends, Data Analytics, Data Careers, Business Intelligence, Tech Podcast, Data Insights.

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All content for DataScience Show Podcast is the property of Mirko Peters and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to The DataScience Show, hosted by Mirko Peters — your daily source for everything data! Every weekday, Mirko delivers fresh insights into the exciting world of data science, artificial intelligence (AI), machine learning (ML), big data, and advanced analytics. Whether you’re new to the field or an experienced data professional, you’ll get expert interviews, real-world case studies, AI breakthroughs, tech trends, and practical career tips to keep you ahead of the curve. Mirko explores how data is reshaping industries like finance, healthcare, marketing, and technology, providing actionable knowledge you can use right away. Stay updated on the latest tools, methods, and career opportunities in the rapidly growing world of data science. If you’re passionate about data-driven innovation, AI-powered solutions, and unlocking the future of technology, The DataScience Show is your essential daily listen. Subscribe now and join Mirko Peters every weekday as he navigates the data revolution! Keywords: Daily Data Science Podcast, Machine Learning, Artificial Intelligence, Big Data, AI Trends, Data Analytics, Data Careers, Business Intelligence, Tech Podcast, Data Insights.

datascience.show

Become a supporter of this podcast: https://www.spreaker.com/podcast/datascience-show-podcast--6817783/support.
Show more...
How To
Education,
Technology,
News,
Tech News
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Dashboards vs. Data Stories - Choose Wisely!
DataScience Show Podcast
1 hour 29 minutes
8 months ago
Dashboards vs. Data Stories - Choose Wisely!
Have you ever poured your heart into a dazzling dashboard, only to find it gathering dust in a corner of the executive suite? I have—and it sparked my curiosity about what makes data truly compelling for decision-makers. This realization kicked off my quest to bridge the gap between numbers and narratives, ensuring that data serves its ultimate purpose: driving decisions. In this post, we will explore how to communicate data effectively to resonate with executives and other stakeholders, focusing on leveraging both dashboards and storytelling.DataScience Show is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.The Dashboard Dilemma: Why Executives Often Ignore ThemHave you ever wondered why so many executive dashboards go unused? It’s a staggering statistic: 78% of executive dashboards see less than monthly usage. This raises an important question. What’s going wrong? Is it the complexity of the dashboards, or perhaps the way the data is presented?Cognitive Overload: A Major BarrierIn today’s fast-paced corporate environments, executives are often bombarded with information. This constant influx of data can lead to cognitive overload, a state where one's brain simply can't process all the details. A study highlights this issue, suggesting that cognitive overload significantly hinders effective decision-making. It’s like trying to drink from a fire hose; the sheer volume of data makes it difficult to focus on what truly matters.Imagine being an executive with a hundred metrics flashing on your screen. You don’t need more numbers; you need to understand the story behind them. This is where the disconnect lies. Too many dashboards present extensive data without context. They may answer “what” is happening, but they often fail to clarify “why” it matters or “so what” action should be taken. In high-pressure situations, executives crave simplicity and clarity.Concise Summaries Over Complex MetricsWhen I think about the preferences of executives, it’s clear they lean towards concise summaries. They want the big picture, not an overwhelming array of metrics. Instead of complex graphs and intricate charts, a straightforward, clear narrative can empower decision-makers. After all, as an expert wisely stated,“Data is only as valuable as the insights it provides to decision-makers.”This brings us to an important point: understanding executive preferences is key to dashboard design. A well-designed dashboard should present critical insights at a glance, allowing leaders to grasp the essentials quickly. Think of it like reading a book summary instead of the entire novel. The summary gives you the essence without drowning you in details.The Cost of Ignoring These InsightsLet’s consider the cost of ignoring this issue. A Fortune 500 company invested $1.2 million in a dashboard that ultimately went unused. Imagine that. That is a staggering amount spent on a tool that failed to meet the needs of its intended users. It’s a classic case of misalignment between the tools provided and the insights required.* $1.2 million* 78%So, what can we do to bridge this gap? Organizations need to ask the right questions about their data presentation. It’s not only about having dashboards but rather about creating actionable insights tailored to executive needs. The goal should be to turn complex data into digestible stories that provoke action.Conclusion: Bridging the GapIn summary, we need to rethink how we design dashboards for executives. They shouldn’t feel overwhelmed by data; they should feel empowered by it. As we move forward, let’s focus on creating clear narratives around data and fostering an environment where decision-makers can thrive. After all, success in the corporate world often hinges on the ability to comprehend and act upon insights swiftly.What are your thoughts on this dashboard dilemma? Have you experienced similar challenges in your organization? Let’s keep the...
DataScience Show Podcast
Welcome to The DataScience Show, hosted by Mirko Peters — your daily source for everything data! Every weekday, Mirko delivers fresh insights into the exciting world of data science, artificial intelligence (AI), machine learning (ML), big data, and advanced analytics. Whether you’re new to the field or an experienced data professional, you’ll get expert interviews, real-world case studies, AI breakthroughs, tech trends, and practical career tips to keep you ahead of the curve. Mirko explores how data is reshaping industries like finance, healthcare, marketing, and technology, providing actionable knowledge you can use right away. Stay updated on the latest tools, methods, and career opportunities in the rapidly growing world of data science. If you’re passionate about data-driven innovation, AI-powered solutions, and unlocking the future of technology, The DataScience Show is your essential daily listen. Subscribe now and join Mirko Peters every weekday as he navigates the data revolution! Keywords: Daily Data Science Podcast, Machine Learning, Artificial Intelligence, Big Data, AI Trends, Data Analytics, Data Careers, Business Intelligence, Tech Podcast, Data Insights.

datascience.show

Become a supporter of this podcast: https://www.spreaker.com/podcast/datascience-show-podcast--6817783/support.