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This career has been dubbed the “sexiest job of the 21st century”

Leading the industry of this rapidly growing career, Eric Haller gives us invaluable insight into what sets this profession apart, what exactly they do, and the skills necessary to excel in this career.

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Bringing sexy back

Move out of the way librarians, data scientist has recently been named the most popular job of 2016 and the “sexiest job of the 21st century.” But — what is a data scientist, what do they do, and is this something you should be getting in on?

Experian’s DataLabs EVP, Eric Haller, has the low down. Leading the industry of this rapidly growing career, Eric can offer invaluable insight into what sets this profession apart, what exactly a data scientists does, and what skills are necessary in order to excel in this profession.

In his own words below, Eric gives us the juicy details:

Going boldly where no man has gone before

For decades, Star Trek illuminated the television screens of homes across America. Spoken at the beginning of each episode and film were these words: “Space: The final frontier; These are the voyages of the Starship, Enterprise; Its 5 year mission; To explore strange new worlds; To seek out new life and new civilizations; To boldly go where no man has gone before.” Today, there is a new group going “boldly where no man has gone before” – data scientists.

In its short life, the data scientist profession has already been named “the sexiest job of the 21st century” by the Harvard Business Review and Glassdoor’s most popular job of 2016. And rightly so. The profession has come out of the woodwork with immense popularity. However, the term still might be foreign to most.

So, what exactly is a data scientist? And what do they do?

Explorers, problem solvers, and wizards

The role of the data scientist emerged as a result of the vast amount of data companies are acquiring. The problem: most of this data is jumbled, indistinct information. How, then, can a company use this for their own benefit? It was obvious there needed to be someone companies could rely on to take this data, build connections and correlations, and assemble insights useful for the growth of the company. The result: the rise of data scientists.

Individuals in this profession are innate explorers. They are always reinventing the wheel; coming up with new approaches to old challenges; finding solutions to vexing problems. And they do so by listening to hard data. Couple this with their analytical background and one can see what makes data scientists so attractive to the business world.

Data scientists are the wizards making seemingly unattainable ideas and goals a possibility for companies – companies who need risk assessments; companies who strive to better optimize their marketing towards key consumers; companies who could use improvements to their digital consumer user experience.

The realm of possibilities is seemingly endless for data science. Take for example these ongoing ventures. Data scientists are helping policy makers and disaster relief specialists on global security issues, like terrorism, and responding to humanitarian crises more effectively. They’re also helping companies optimize online experiences for consumers. And as these examples show, data scientists aren’t just working to grow corporations. They respond to situations in which they can use data for good.

Could you be a sexy wizard?

So, what are the skills necessary to excel in the profession?

Some include the ability to write code, develop algorithms and glean actionable insights.

Perhaps the most important skill necessary to succeed as a data scientist is effective communication and advocacy for a position. Data science is a brainy, technical field. While scientists working in the field understand the complexity of the information they study, it is highly unlikely that their client does.

Data scientists must therefore be able to think and communicate like business people – to bring the conversation down to a level anyone can understand. It is the only way they are able to successfully deliver and implement their findings.

Every day, from every corner of the world, Experian is working to attract this talent and utilize them to help a host of companies, from financial institutions to healthcare organizations, make strategic decisions towards sustainable growth. No matter the project or task, data scientists are constantly examining problems and discovering solutions that are good for businesses, consumers and society.

The need for data scientists will only continue to grow in the future. A report came out a couple years ago that estimated by 2020 the amount of data globally will grow ten-fold from today. That’s a tremendous amount of data. Raw data. Untapped potential. This alone puts the importance of data science as a profession into perspective. Data scientists are the pioneers going “where no man has gone before” for the good of our future.

#SexyWizard

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Jenna keeps the machine well-oiled as the Operations Coordinator at The American Genius and The Real Daily. She earned her degree in Spanish at the University of North Texas and when she isn't crossing things off her to-do list, she is finding her center in the clean and spacious aisles of Target or rereading Harry Potter for the billionth time.

Business News

The sad truths you missed about the US Women’s Soccer Team lawsuit

(NEWS) The US Women’s Soccer team dominated headlines by suing for equal pay, but there was so much more to the lawsuit that could have a ripple effect in the business world.

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womens soccer lawsuit

Recently, on International Women’s Day, the United States Women’s Soccer Team (USWNT) filed a lawsuit against the US Soccer Federation. The timing of the suit is not only a sign of the team continuing their decades long fight against the organization (only three months before they are set to defend their World Cup title in France), but a recognition of the symbol that they have become in the larger battle that women and other minorities are waging in order to be given the same resources as the men leading in their fields.

It should go without saying that the women’s soccer team is unparalleled in its athletic success: over the past twenty years they have won three World Cup titles and four Olympic gold medals. These players, as ESPN acknowledges, are among the most accomplished and best known women athletes in the world.

Their counterpart, the Men’s National Soccer Team, leaves much to be desired (they failed to qualify for last year’s World Cup, for example) yet they consistently receive much more support from the US Soccer Federation.

Although the pay disparity between the USWNT and the male soccer team is certainly stark, the “gains” that the women athletes are fighting for go beyond monetary compensation.

According to Mashable, “This [suit] includes how women frequently play on a dangerous artificial surfaces when the men do not, fly commercial when the men travel by more convenient, comfortable charter flights, and the alleged allocation of fewer resources to promote women’s games compared to men’s.”

As if being the best players in your sport in the world and having to share hotel rooms after getting torn apart by the seams astroturf and receiving less-than-world-class medical care wouldn’t be infuriating enough, it’s truly this final point that highlights the glaring mistreatment of the USWNT.

Without support from the US Soccer Federation, not only in the form of payment but in promotion of their games and general good-will toward their players, the USWNT will not be able to grow their following so that they can establish a consistent revenue near what the men’s team attracts. This “lack” of revenue continues to create the chicken/egg excuse that the Federation has for not propping up the USWNT like they deserve.

It’s simply the opposite of “sportsmanship” for the US Soccer Federation to use these players’ love of playing the game (that, again, they are the best in the world at) and their country as a way to gaslight them into playing for less.

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Business News

Think about automating tasks instead of replacing workers

(BUSINESS) Automation is great, unless you obsess over it and try to cut down on payroll – there’s a smarter approach that successful businesses take.

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automating tasks not people

The concept of automating your workflow is a tempting one — especially as payroll continues to be one of the evergreen highest costs of business. However, in contemplating how to streamline your workflow, you may do better to step back from the idea of “replacing workers” and instead think about you can optimize your existing employees by strategically tweaking their workflow.

As Ravin Jesuthasan and John Boudreau write in The Harvard Business Review, if the goal of automating is to ensure that your company is operating at its most cost effective and efficient levels, then chances are you’d still need knowledgeable employees to help you scale and capitalize.

Where automation can truly help your business is by transforming the ability of your organization to focus on the tasks that truly require a human touch or deep knowledge. For example, automation will not help your employees perform complex, interactive, or creative work like collaborating with clients to come up with solutions or designs.

However, it can help the process of brainstorming or co-designing these solutions easier by replacing some of the mechanical tasks that aid this high-level workflow.

For example, it may be helpful to automate basic research tasks for your designers. If your designers must create a client profile to help them launch their projects — basic information must surely exist at some other point in the process before this point. Maybe your firm has an intake form or contracts where a basic description of the goal of the contracted service has been created. By automating the sharing of that data between departments, perhaps in a content management system, you’d be able to free up time that the designers might spend on basic data collection so that they could instead use it for their more complex, empathetic work.

Jesuthasan and Boudreau offer up other advice for thinking about which specific tasks within your company’s workflow are the best candidates for automation.

Is a task simple? Routine? Does it require collaboration?

These kinds of inquiry are not only useful when thinking about your organizational processes, but they are good refreshers for thinking about the individual value and skills that your organization and its workers offer clients.

So instead of looking at how to cut down on payroll, consider automation as an option to improve the value you’re getting from your team, and freeing them from mind-numbing tasks that have nothing to do with their expertise. Win-win!

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Business News

Megabrand, Amazon failing to support their working parent employees

(BUSINESS NEWS) Policies are changing at American companies to be up to par in supporting parents, but Amazon, despite being one of the most profitable companies in history, is not one of the evolving brands.

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working mothers amazon

Households in which both parents work is so much the norm in this country that we rarely ask new mothers if they’ll go back to work knowing it’s only a matter of when they’ll go back to work.

And once new mothers re-enter the workplace, the expectation of their time rarely changes to account for their new status as working mothers. Schedules change and so do childcare needs.

However, some progressive companies are changing their policies to accommodate their employees’ need for childcare, but Amazon isn’t one of them. Yet.

Dubbing themselves the Momazonians, a group of working mothers at Amazon is demanding that the online retail giant provide a back-up childcare benefit.

Back-up child care, for the uninitiated, is a perk that offers workers access to subsidized care for the times when school is closed, reliable childcare is temporarily unavailable, or in the event of sickness or emergency.

Why is this important? For starters, women who return to work shortly after giving birth are often left feeling unsupported and burdened by their choice to continue their careers instead of feeling empowered to enter into the next chapter or phase of their career.

Some companies believe that babies just aren’t good for business and once a woman makes the choice to expand her family, she’s often passed over for promotions or thought to no longer prioritize her career. Of course, these companies are wrong and that’s why it’s important for working mom’s to feel empowered to make their voices heard.

Will the Momazonians make any headway in getting the help they deserve? Time will tell.

They’ll be meeting in the next few weeks in an attempt to make a deal. However, whether or not Amazon complies with their demands, it’s worth thinking about for companies pondering parental policies in the future. As more and more millennials are marrying and having children later in life and thus further along in their careers, it would behoove companies to offer more flexible benefits to families. While it may seem cheaper to hire entry-level employees, in the long run, it’s more cost effective to hold onto experienced workers.

What’s more, while it’s incredibly difficult, if not impossible, to have it all, companies could make it easier to at least manage work-life balance better. When you offer mothers and fathers flex-time and work-from-home benefits, or even subsidized care, you are purchasing peace of mind and a peace-filled mind is a productive one.

Any woman who has gone back to work knows the hardest part of their day is dropping off their new little one in someone else’s care so why not make these transitions easier if it means holding on to experience? In the long term, it leads to employee retention. Children aren’t children forever and if they’re parents are offered support, those parents will probably perform better.

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