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Speakers

  • Jordan Goldmeier Headshot

    Jordan Goldmeier

    Consultant at Anarchy Data, Founder at The Money Making Machine Newsletter, Instructor at Full Stack Modeller

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Developing a Data Mindset: How to Think, Speak, and Understand Data

April 2023
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Summary

Developing a data mindset goes beyond mastering technical skills; it also entails comprehending how data analysts and scientists think and express themselves. In the swiftly changing digital environment, this mindset is vital for contemporary life and business. Jordan Goldmeier, a specialist in the field, stresses the significance of connecting data and business communication, advocating for an equilibrium of technical, business, and communication skills. He underscores the necessity to question correctly and contests the excessive dependence on data models, promoting skepticism and analytical thinking. Goldmeier also talks about his book "Becoming a Data Head," which intends to clarify data concepts and enhance communication in data projects. The discussion includes career guidance, endorsing cooperation and continual learning, and the requirement of synchronizing technical insights with business objectives.

Key Takeaways:

  • Developing a data mindset involves comprehending both technical skills and the manner in which data professionals think and communicate.
  • Effective data communication necessitates converting complex data concepts into business-relevant insights.
  • Analytical thinking and skepticism towards data models are vital; "All models are wrong" is a common mantra.
  • Asking the right questions is fundamental to successful data projects and necessitates separating assumptions from models.
  • Continual learning and collaboration with others are key for developing a comprehensive data skill set.

Deep Dives

Understanding the Data Mindset

A true data mindset goes beyond numbers; it is a ...
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method of thinking critically about the information and results presented. In "Becoming a Data Head," Jordan Goldmeier demonstrates how a data mindset involves questioning the assumptions behind data models and understanding the potential biases that can distort results. He cites an example of the Hubble Telescope to stress the importance of not solely depending on sophisticated equipment or data models but considering all available data, even from less advanced sources. "A data head looks at that and says, what does all the data tell me?" Goldmeier stresses the importance of skeptical inquiry and the need to understand the human assumptions that can lead to expensive errors.

Bridging the Communication Gap

Effective communication in data science involves converting complex data concepts into actionable business insights. Goldmeier discusses the challenges of expressing data analysis to non-technical stakeholders, a skill that requires balancing theoretical knowledge with practical results. He notes that business professionals often need a framework to understand data but may not require detailed theoretical explanations. "Business people like results, technical people like to discuss to me," he states, highlighting the need for communication that suits the audience. This involves understanding your audience and using language that resonates with them, making the information accessible and actionable.

The Importance of Asking Questions

Goldmeier highlights the value of asking the right questions to ensure successful data projects. He provides a set of questions designed to separate human assumptions from the data model, encouraging a thorough examination of the data's origins and potential biases. "The questions themselves are about separating your assumptions from the model," he explains. This approach helps to ensure that data-driven decisions are based on accurate interpretations rather than prejudiced notions or incomplete information. Goldmeier advocates for a culture of curiosity and continuous questioning within organizations to enhance data-driven decision-making.

Career Development in Data Science

For those pursuing a career in data science, Goldmeier advises focusing on a combination of math, coding, and project management skills. He emphasizes the importance of finding one's niche within the extensive field of data science, whether it's technical expertise or project management. He encourages aspiring data scientists to build portfolios showcasing their best work and to engage in continuous learning through online courses and collaboration with peers. "Identify what you're good at and what you like," Goldmeier advises, suggesting that aligning one's strengths with industry demands can lead to a successful career. He also highlights the need for data science project managers to guide and oversee technical projects, a role that often requires a blend of technical and managerial skills.


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