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From Data Projects to Data Products: Essential Skills for AI Leaders

Data Analytics Chat · 2026-02-04 · 42 min

0:00--:--

Key moments - from our scoring

Substance score

51 / 100

Five dimensions, 20 points each

Insight Density10 / 20
Originality9 / 20
Guest Caliber15 / 20
Specificity & Evidence11 / 20
Conversational Craft6 / 20

Elena Ali Karanina, four-time Chief AI and Data Officer at Fortune 500 companies including Johnson & Johnson, Nestlé, and Danone, explains why data leaders must shift from viewing data as a technical enabler to treating it as a product with customer-centric design at its core. The episode challenges the industry's obsession with federated architecture and technical implementation details, arguing that 90% of data product success depends on organizational alignment and understanding customer needs - not infrastructure. Elena's experience across publishing (Dow Jones), healthcare, food and beverage, and telecommunications reveals a critical gap: only 10% of data professionals can clearly articulate customer problems, with many defaulting to generic solutions like "customer segmentation" without understanding business impact. For data leaders, engineers, and analytics professionals, this discussion reframes essential career skills around product thinking, domain knowledge, and stakeholder communication rather than pure technical depth. The conversation emphasizes why AI's "acceleration loop" requires closing the feedback cycle between systems and human knowledge, a capability that defines product-minded versus project-minded data teams.

Key takeaways

  • →Data scientists and AI professionals must directly experience business processes (visiting factories, stores, customers) before building models or solutions, rather than treating data work as purely technical exercises.
  • →Only about 10% of professionals can clearly formulate customer problems; most confuse technical outputs (like customer segmentation) with actual business outcomes, missing the 'why' behind their work.
  • →The shift to data products requires a product mindset focused on customer needs, feature prioritization, and organizational alignment - not just technical architecture decisions from hyperscalers like Databricks or Snowflake.
  • →Data and AI leaders must develop business acumen, storytelling ability, and domain knowledge to complement technical skills, as pure technical skills are insufficient in the AI era.
  • →AI creates 'acceleration loops' that improve business processes without requiring proportional resource increases, but these loops require closing feedback mechanisms that incorporate human knowledge back into systems.

In this episode

  1. 1Elena's Career Background and Experience as Chief AI Officer
  2. 2The Importance of Understanding Business Context Before Building Models
  3. 3Customer Problem Definition and the Skills Gap in Data Teams
  4. 4The Shift from Data Projects to Data Products
  5. 5Product Mindset Over Technical Architecture in Data Products
  6. 6How AI Creates Acceleration Loops and Requires Closing the Knowledge Loop

Mentioned

Ben ParkerElena (Ena)DatabricksMicrosoft FabricSnowflakeDow JonesJohnson & JohnsonNestléDanonData Analytics Chat

Guests

Elena Ali Ka

Topics in this episode

Predictive maintenanceDatabricksFortune 500 companiesProduct mindsetcustomer segmentationJohnson & JohnsonMicrosoft FabricData products vs data projectsFederated architectureBusiness problem definition

Questions this episode answers

Why do most data scientists fail at identifying real business problems?

Elena observes that only about 10% of data professionals can clearly formulate customer problems. Most sit in offices building models without understanding the actual business context - for example, approaching predictive maintenance as a pure data exercise rather than first understanding how factory machines are connected and where failures occur. They focus on outputs like "customer segmentation" without explaining what changed for the business as a result.

What should data leaders do before building AI models or data solutions?

Elena recommends going directly to customers, factories, and retail stores to observe the real work before implementing any technology. She visits manufacturing floors to understand machine connections and failure points, and retail stores to see how customers interact with products. This observation-first approach helps identify genuine pain points rather than presumed technical needs.

What is the difference between data projects and data products?

Data products require a product mindset focused on identifying customer needs, segmenting customers, and prioritizing features - not just technical architecture decisions. While hyperscalers like Databricks and Snowflake emphasize federated architecture, Elena stresses that 90% of data product success is about how teams work around customer needs (internal or external), not the technical implementation.

Why does Elena say analytics professionals need to reskill beyond technical abilities?

With AI tools now handling heavy technical lifting, data professionals who rely only on technical skills will become obsolete. Elena warns that business domain knowledge, strategic thinking, and the ability to understand and communicate business impact - not coding ability - are now the differentiators for career growth.

What is an 'AI acceleration loop' and why is closing it important?

An AI acceleration loop helps businesses scale without proportionally adding resources - using AI for faster product building, better manufacturing, and improved customer service. The critical missing piece is closing the loop with human knowledge: currently, people extract answers from AI systems but store them in Excel rather than feeding insights back into the system to improve it over time.

What our scoring noted

Our reviewer’s read on each dimension, with quotes from the episode.

Insight Density

10 / 20

There are genuine observations scattered throughout - the 10% stat on problem formulation, the critique that data product discourse is 90% architectural navel-gazing, the 'AI loop' as an acceleration mechanism - but these are diluted by heavy repetition, 'wake up' mantras, and substantial airtime consumed by the host's filler commentary. Insight-per-minute is low.

only maybe 10% of the people are able to clearly formulate the customer problem
federated architecture 90% of success is not technical. It's actually about how we work

Originality

9 / 20

A few genuinely contrarian framings appear - technology as 'new way of doing business' rather than mere enabler, and extending the dysfunctions-of-teams trust model to include trust in data/AI - but the dominant thesis (data people need business acumen and soft skills) is well-worn territory delivered without a truly fresh mechanism or framework.

technology is not an enabler anymore. Technology is a new way of doing the business
the trust is between people... but now data and technology is a part of this

Guest Caliber

15 / 20

Four Fortune 500 Chief Data/AI Officer roles across genuinely complex, global enterprises (Dow Jones, J&J, Nestlé, Danone) with additional M&A and international scope gives Elena real practitioner authority at scale; this is not a thought-leader-for-hire but someone who has repeatedly held accountability for enterprise outcomes.

Definitely have been fortunate enough to work for, as you mentioned, for four fortune 500 companies
I probably interviewed over a thousand people in my career for different type of roles

Specificity & Evidence

11 / 20

The episode names real companies, specific roles, and offers some concrete numbers (500K analytics graduates, 10% problem-formulation rate, six-month rotations at J&J), and the pharma sales-trip and Dow Jones P&L anecdotes are grounded. However, most figures are hedged approximations and the 'AI loop' and product-mindset claims are never supported with measured outcomes.

the last five years colleges graduated over a million. Students in computer science and analytics only analytics alone it's almost like 500,000 people across the US
this type of realization is gonna convert to p and l and this one is not gonna convert... She was like, oh my God, Juliana, you changed my mind

Conversational Craft

6 / 20

The host consistently validates rather than challenges, contributes extended filler that eats airtime without advancing the conversation, and poses predictable open-ended questions; there is zero pushback on any claim, and the host frequently restates the guest's point back as his own observation.

Yeah, no, definitely. I think it's gonna be, I think as AI matures, it's gonna get deeper and deeper, isn't it?
Yeah, and I think I mean with that data, product hires and it's, it is I guess it's more challenging for businesses now

Conversation analysis

Computed from the transcript - who did the talking, and the words that came up most.

Most-used words

data62product48customer31technology29technical27skills26elena25parker25understand22type21first20side16career15value14knowledge14analytics13

Episode notes

In this episode of Data Analytics Chat, we welcome Elena Alikhachkina, a four-time Chief AI and Data Officer with Fortune 500 companies, and a board advisor. Elena shares her journey in data analytics and AI spanning over 25 years, covering key transitions in her career and the importance of blending business acumen with technical expertise. The discussion focuses on the critical shift from data projects to data products, highlighting the need for product skills in the age of AI. Elena emphasises the importance of understanding the business, building customer-centric solutions, and investing in both technical and soft skills for AI leaders. Her insights provide a roadmap for anyone looking to excel in data and AI roles in today's dynamic business environment.

Full transcript

42 min

Transcribed and scored by The B2B Podcast Index.

1 - > elena: So you need to see the process at the factory, how all 2 - > machines are connected where the break potentially could be 3 - > happening. 4 - > And unfortunately, many data s scientists don't do it so they 5 - > sit in the office, they get the data, and they start building 6 - > the model. 7 - > And I would honestly say only maybe 10% of the people are able 8 - > to clearly formulate the customer problem, right? 9 - > Because they can say, oh, I did customer segmentation.

10 - > I'm sorry, this is not the problem. 11 - > So we still give out ourself an excuse saying that. 12 - > Technology is enabler, right? 13 - > So technology is not an enabler anymore.

14 - > Technology is a new way of doing the business 15 - > ben parker: Data and AI careers are no longer built just around 16 - > projects. 17 - > They're built around products, outcomes, and long-term own 18 - > ownership. 19 - > In today's episode of Data Analytics Chat, I'm joined by 20 - > Ena Ali Ka Keena four times Chief AI and data officer with 21 - > Fortune 500 companies and a board advisor, and we're 22 - > exploring how the shift from data projects to data products 23 - > is reshaped.

24 - > PIN careers for data analytics leaders in the age of AI and why 25 - > product skills are becoming essential. 26 - > Ena, welcome to the show. 27 - > elena: Thank you so much, Ben. 28 - > I'm so happy to be here.

29 - > ben parker: Me too. 30 - > It is gonna be obviously a fascinating question. 31 - > What, I guess before we dive in though, what do you wanna give 32 - > listeners a quick introduction to who you are and the types of 33 - > work you've been leading? 34 - > elena: Absolutely.

35 - > So I'm in data analytics and AI for over 25 years. 36 - > I had an international career, which was quite of lucky. 37 - > I have been. 38 - > Crossing the borders, working for companies, the global 39 - > companies across the globe started as as many of us from 40 - > engineering education.

41 - > But I did get my additional education, which have been more 42 - > like on the business side. 43 - > Definitely have been fortunate enough to work for, as you 44 - > mentioned, for four fortune 500 companies. 45 - > Started in publishing for Dow Jones Youth Corporation. 46 - > Moved into healthcare companies like Johnson, one of the most 47 - > admired companies in the globe.

48 - > So then Nestle Danon. 49 - > And most recently its connectivity. 50 - > ben parker: So you obviously work with some of the Yeah. 51 - > Large, complex organizations there.

52 - > elena: Yes, always have been working with large complex 53 - > metrics organizations where you have multiple businesses, 54 - > multiple franchises. 55 - > We constantly have been growing by. 56 - > Acquiring new companies or diversifying companies, right? 57 - > So you can think about that.

58 - > I'm not just traditional like chief data and ai. 59 - > I did also a lot of nor and acquisitions and a lot of 60 - > diversity of the companies, which adds additional work to 61 - > the data space as well. 62 - > ben parker: Yeah, so you obviously you've got a good 63 - > blend then of business and data skills, which is obviously, I 64 - > think, key today. 65 - > 'cause obviously you've got, you do have leaders where they come 66 - > from all the business side and others that come from all the 67 - > data side.

68 - > So you've got the bl, the nice, the glue in the middle. 69 - > elena: Yes, def definitely in the middle. 70 - > And I think this was one of the, my, like a defining moment of my 71 - > career because when I educated with my engineering degree the 72 - > last year of our, my co college education and engineering we got 73 - > really unusual subject, which was marketing. 74 - > And this was marketing how to sell the technology.

75 - > And I got so much excited. 76 - > The professor was absolutely amazing, professor. 77 - > So that she basically convinced me after I got my engineering 78 - > degree, join joining the PhD program. 79 - > So I got my PhD in marketing and economics, which is really 80 - > unusual combination, right?

81 - > So engineering and marketing economics. 82 - > But I think this type of skill is actually helping me because. 83 - > You need to sell the technology to people, you need to explain 84 - > technology to people, right? 85 - > So you have to be a marketer and communicator.

86 - > So this was one of the most defining moments in my career, I 87 - > would say. 88 - > ben parker: Fascinating. 89 - > Yeah, no, definitely. 90 - > I think storytelling easier, obviously, especially in today, 91 - > like you need to be able to communicate across all levels, 92 - > business, tech, data.

93 - > So then do you, is there been an experience that sort of most 94 - > shaped how you approach leading AI initiatives? 95 - > elena: So I always think about what is starting the first step 96 - > is what is really, we need to do for the business, right? 97 - > You're gonna hear a lot like define the business problem. 98 - > I think it's not good enough defining the business problem.

99 - > You need to understand this, how the business is working, right? 100 - > So where are the biggest pools are happening in the business, 101 - > right? 102 - > So if you and manufacturing company actually that how the 103 - > product gets designed, right? 104 - > Because if there is no product designed.

105 - > There is no company, right? 106 - > So then you think about how the product gets actually 107 - > manufactured, right? 108 - > So how the product is moving to the customer, right? 109 - > So you need to to really experience all this all these 110 - > moments, right?

111 - > And as a leader, what I usually start my journey always I go 112 - > directly to customers. 113 - > I go directly to the factory. 114 - > I talk to people who are doing the business every single day, 115 - > and I'm not asking them is what technology you need, right? 116 - > So I'm observing how the process is happening.

117 - > What is possible to do, right? 118 - > So the conversation is about them. 119 - > It's not about me. 120 - > What technology I can implement, right?

121 - > So I'll give you one example is like in manufacturing, one of 122 - > the biggest use case, it's predictive maintenance, right? 123 - > It's maintenance like a, the factory, it's super expensive, 124 - > right? 125 - > So if you stop the factory line you're gonna lose millions of 126 - > dollars or maybe even hundreds of millions of dollars, right? 127 - > You need to have a kind of prediction when you should stop 128 - > it, right?

129 - > And when you look at this task. 130 - > Purely as a data exercise it's not gonna work, right? 131 - > So you need to see the process at the factory, how all machines 132 - > are connected where the break potentially could be happening. 133 - > And unfortunately, many data s scientists don't do it so they 134 - > sit in the office, they get the data, and they start building 135 - > the model.

136 - > So we do need people to experience the real work before 137 - > they actually build in any technology and models. 138 - > So this always have been my approach. 139 - > Or if I'm in retailer environment like for example, 140 - > working for Johnson Consumer Business. 141 - > I have been traveling all, all countries all around the globe.

142 - > So when I come to Singapore or I come to China the first what I'm 143 - > doing, I'm going to the store and I see. 144 - > How people buy my product. 145 - > Where is my product in the store? 146 - > How they can find it, right?

147 - > What is the next product sent into my product? 148 - > So seeing all of this is helping me to better understand how I 149 - > can help the business. 150 - > ben parker: Yeah. 151 - > And I like that.

152 - > 'cause you are, it's more you're thinking outside the box. 153 - > You're not in your role. 154 - > You're thinking as a, a. 155 - > overall picture, aren't you?

156 - > As opposed to just sitting, seeing through your what you 157 - > currently see, you need to, obviously you've got a lot to 158 - > take on, haven't you? 159 - > elena: You need to take a lot but also you need to ask deeper 160 - > questions, right? 161 - > So what I'm observing is that we stopped early on questions, 162 - > right? 163 - > So even.

164 - > Let's say data scientist is gonna come to the factory, and 165 - > first of all, what I'm observing, they're gonna start 166 - > asking really technical questions and people like, 167 - > confused, like what you are asking me, right? 168 - > But they don't go deeper to understand where the break is 169 - > happening, what expectations from the factory, what 170 - > challenges factory having right. 171 - > So listening to customer should be significantly increased, 172 - > right?

173 - > And even when I interview people for different type of jobs and I 174 - > probably interviewed over a thousand people in my career for 175 - > different type of roles. 176 - > And I would honestly say only maybe 10% of the people are able 177 - > to clearly formulate the customer problem, right? 178 - > Because they can say, oh, I did customer segmentation. 179 - > I'm sorry, this is not the problem.

180 - > So you need to understand why you have been doing the customer 181 - > segmentation. 182 - > What exactly changed for the business by you doing the 183 - > customer segmentation. 184 - > ben parker: Yeah, and I think nowadays data roles are going 185 - > that way as well. 186 - > And we've got the tools can do the heavy lifting, especially 187 - > like the data scientists now.

188 - > It's, if you can understand the business problems, that's where 189 - > you are getting the value. 190 - > 'cause you can add so much more knowledge and expertise in that 191 - > domain. 192 - > And again, like obviously, like we used to hire data scientists 193 - > say a couple years ago, and that's more so techie focused. 194 - > But now like obviously the game's completely changed and 195 - > now businesses are looking for that strategic thinking creative 196 - > thinking business domain knowledge.

197 - > elena: Absolutely a hundred percent. 198 - > So it's so this is the the danger, which I'm warning in my 199 - > people through my newsletter like record, because I do. 200 - > Believe that analytics people have to record the career they 201 - > have right now. 202 - > Is that you should not be sitting still.

203 - > Because the, your technical skills, I'm not gonna, I'm not 204 - > gonna serve you. 205 - > They already not serving you, right? 206 - > So you do need to get additional, maybe additional 207 - > education, right? 208 - > So you need to get additional understanding of the business.

209 - > You need to invest in yourself to understand the business, 210 - > right? 211 - > Because it's interesting that AI is challenging the people who 212 - > are front line of ai, right? 213 - > So data analytics, AI people are forced. 214 - > Challenge right now in in the career because they do need to 215 - > have different skills.

216 - > ben parker: Yeah. 217 - > So then obviously there's the shift from data projects to data 218 - > products Now. 219 - > So in your view, what does that shift really mean for data 220 - > analytics teams on the ground? 221 - > elena: Yes, it's really interesting.

222 - > So if you are gonna go now to social media and you're gonna 223 - > start reading a lot of posts about what is data product, 224 - > you're gonna see so many conversations, right? 225 - > What is interesting is 90% of these conversations are gonna be 226 - > arguing about technicality of the term, right? 227 - > So is this architectural decision is this a certain 228 - > container or having the like an agreement with your consumer, 229 - > whatever it is, right? 230 - > So 90% of conversation is gonna be about the technical side, how 231 - > architecturally you do it, right?

232 - > And I think this is what our community is doing completely 233 - > wrong because the product is coming from the customer. 234 - > Understand the first step is spend time with the customer, 235 - > understand how the data is changing the business. 236 - > And designing around the customer, right? 237 - > So what I see is that like a massive implementation of the 238 - > data product architecture started and it's actually driven 239 - > by major hyperscalers like Databricks, Microsoft Fabric 240 - > snowflake, right?

241 - > They all come with concept that you need to have a refrigerated 242 - > architecture, right? 243 - > So technically this is absolutely correct. 244 - > But what nobody's saying that federated architecture 90% of 245 - > success is not technical. 246 - > It's actually about how we work, right?

247 - > And how we work. 248 - > We have to work around the customer need, right? 249 - > So this could be internal customer, right? 250 - > If we serving sales organization, marketing 251 - > organization we serving for example, manufacturing, right?

252 - > Or this could be around external customer. 253 - > If we build in the product, which we actually sell to to the 254 - > market, to external, right? 255 - > This is really unfortunate side when I'm seeing the data product 256 - > I actually mean the product mindset, right? 257 - > So many enterprises included myself when I was working in 258 - > Johnson, actually one of the few, and I would say most 259 - > innovative companies started thinking about this product 260 - > mindset for all technical teams, right?

261 - > We invested massively in training people. 262 - > In a product mindset. 263 - > So we did not train them in a technical architecture, right? 264 - > We trained actually how you identify the customer need, how 265 - > you segment your customers how you prioritize what you, how you 266 - > decide what features worth building, what features you, you 267 - > should not be building, right?

268 - > So this is the thing I'm seeing right? 269 - > So why I believe that the product mindset is absolutely 270 - > must have for ai, right? 271 - > So this is how I explain to to business executives, right? 272 - > So what AI is doing for the business.

273 - > Without ai we always have been growing like like a linear 274 - > business, right? 275 - > So you design your product, manufacture product, shipped to 276 - > customer, serve your customer, right? 277 - > So this is the line. 278 - > Every single time we want to get more product shipped, we want to 279 - > get more customers.

280 - > We add more resources, right? 281 - > So we create, we like buy another factory. 282 - > We create another call center for customers, right? 283 - > So what AI is doing, AI is helping to create.

284 - > I call it like acceleration loop in each cycle, right? 285 - > So basically instead of eating additional resources, building 286 - > the product, AI can actually help me to build the product 287 - > faster, right? 288 - > So then AI can help me, like with predictive man maintenance, 289 - > quality control to do better manufacturing. 290 - > So I can actually do more, by creating this kind of, AI loop, 291 - > right?

292 - > But what people are missing is that AI loop has a, like a four, 293 - > four dimensions, four definitions, and you really have 294 - > to close the loop, right? 295 - > What is the most important closing this loop is actually 296 - > including the people knowledge closing the loop, right? 297 - > Because what is happening in many AI applications right now 298 - > is that people get an answer. 299 - > They just store this answer on, in Excel file.

300 - > This is the reality, right? 301 - > So like what you do when you get an answer from GPT, oh, I just 302 - > copied to Excel, right? 303 - > So that the knowledge is not going back to the system, right? 304 - > The product skill is exactly this loop.

305 - > How you build the knowledge, how you build the knowledge around 306 - > the customer, how you build the knowledge around around the 307 - > process, right? 308 - > We massively need this type of skill with all technical data, 309 - > AI type of organizations, right? 310 - > So AI cannot be project, it's not the project because, because 311 - > you cannot create the loop if you're in the project, right? 312 - > So you need to constantly learn constantly.

313 - > ben parker: Yeah, and I think I mean with that data, product 314 - > hires and it's, it is I guess it's more challenging for 315 - > businesses now'cause you have got to, obviously, depending on 316 - > your team, if you've got, if it's a sort of first, if you've 317 - > got, lacked that knowledge in say like we did one placed 318 - > someone a couple years ago in insurance, they need that 319 - > actuary knowledge. 320 - > That's another component to the skillset that you need.

321 - > Don't you need the data science skills, the actuary knowledge, 322 - > and then the techie stuff. 323 - > And again, like I say, if you like for Johnson, you need that 324 - > pharma knowledge'cause that's where you're gonna get the 325 - > value, isn't it? 326 - > So it's gonna be interesting to see how. 327 - > Because obviously you've got people that jump different 328 - > industries, haven't you?

329 - > So whether it's gonna get more further, say five, 10 years down 330 - > the line, whether you're gonna need to be like an expert in 331 - > say, pharma insurance, financial services. 332 - > It's gonna be fascinating to see how that plays out because the 333 - > tech skills. 334 - > Yeah. 335 - > Let's say you've got all these tools now that can help you do 336 - > the coding.

337 - > It's now gonna become, how can you add value to your strategic 338 - > creative knowledge? 339 - > elena: Abs. 340 - > Absolutely. 341 - > So te tech skill is not differentiator anymore, right?

342 - > But what is also interesting, because my experience is with 343 - > traditional enterprises, right? 344 - > So traditional enterprises is like healthcare, banking, 345 - > manufacturing, right? 346 - > So these are traditional enterprises and there is a 347 - > completely different world, which is actually. 348 - > Google Meta, Amazon, right?

349 - > In these type of companies, they adopted the product mindset from 350 - > the day one, right? 351 - > So this is why they're so successful. 352 - > By building the product, building like personalization in 353 - > Amazon or the way how meta is operates and right. 354 - > So I have been hiring people actually.

355 - > From this type of Es in my teams just to help to build the skill. 356 - > But what I also is finding quite of really different, and some, 357 - > sometimes it is upsetting, right? 358 - > Because if you go to internet you're gonna see enormous amount 359 - > of communities. 360 - > There are meta community, there is Amazon community, there is a 361 - > product sense community.

362 - > There is a product we can community, right? 363 - > All of this. 364 - > Places where people are loaning from each other, right? 365 - > What is interesting is if you look to traditional enterprises, 366 - > people who are working, healthcare and other kind of 367 - > industries, right?

368 - > They're not talking to each other. 369 - > They're really silent. 370 - > And they're not taking the step to learn the new skill. 371 - > What I'm seeing with Amazon type of people, they are so 372 - > proactive.

373 - > They go ahead and take a new skill. 374 - > They take a product class, right? 375 - > And in enterprise, we almost have to force people to take 376 - > this step, right? 377 - > And and unfortunately.

378 - > They actually gonna sacrifice career if they're not gonna do 379 - > it, right? 380 - > So what I have been doing lately, like in my this record 381 - > post I was trying to wake up people saying, wake up. 382 - > You have to speak up. 383 - > You have to go to, to talk to your customer.

384 - > You have to present yourself. 385 - > You cannot be silent, go outside of your comfort zone, right? 386 - > So this is what like must have, and I'm trying to promote as 387 - > much as possible. 388 - > ben parker: Yeah, no, definitely.

389 - > 'Cause even like now obviously data scientists is an example, 390 - > all like machine learning engineers, like they can be 391 - > heavily technical and Yeah, you, they might be able to like, 392 - > yeah, create these like amazing technical features, but if it 393 - > don't like align with the business products is. 394 - > Not gonna be as value driven as like the techie would expect. 395 - > So I think you've gotta, this is where, yeah, like you said, 396 - > you've gotta adopt this product mindset now just to like how 397 - > actually can I add value to the business as opposed to making 398 - > this product maybe technical flat, technically flesh.

399 - > But it's gonna be interesting to see how, obviously leaders adapt 400 - > this way, new way of working. 401 - > elena: And it is needed at all levels. 402 - > So because I have been talking to chief Information officers 403 - > who actually. 404 - > Argue with me in saying there is no difference between product 405 - > and project.

406 - > I was like, there is a big difference actually being a 407 - > product organization and project organization, right? 408 - > So there are education needed at the highest level of technology 409 - > leadership. 410 - > But also if we go to the colleges, right? 411 - > I mean my son is in a college right now, so he's a second year 412 - > computer science and he has a minor in business as well.

413 - > And I do have a lot of friends whose kids like the same age and 414 - > the going through the colleges, right? 415 - > So what is happening right now is the last five years colleges 416 - > graduated over a million. 417 - > Students in computer science and analytics only analytics alone 418 - > it's almost like 500,000 people across the US right? 419 - > And what these people are coming to the market except with a lot 420 - > of money, they still have to pay back to the college, right?

421 - > They come in with some technical skills. 422 - > And even these technical skills are quite of outdated because 423 - > most of the colleges are still teach in R Power bi. 424 - > They're not even explaining how you can use the AI tools, right? 425 - > But but they also, colleges do not teach the data strategy.

426 - > Colleges do not teach the any product management skills. 427 - > There are no classes about the soft skills. 428 - > And it's interesting, so when I'm interviewing students 429 - > coming, like for internships, right? 430 - > You can see amazing cv with a lot of projects and you are 431 - > asking how you did this project, right?

432 - > So that usually the answer is. 433 - > Or I just got the data set, or I signed up for platform, 434 - > something like VIN Analytics and which is a great platform by the 435 - > way, right? 436 - > But it's actually, I stayed silent in my room and I have 437 - > been doing, the stuff my own right. 438 - > So what I usually send to students, it's including my son.

439 - > It's go outside of your dorm, go, knock the door of the small 440 - > business, go to nonprofit organization and say What I can 441 - > do for you, let me understand what exactly I can do on the 442 - > ground. 443 - > So you cannot put in your CV enormous amount of technically 444 - > correct. 445 - > But not, nonsense customer type of projects, right? 446 - > So this a new skill and majority of tech people, data people, 447 - > they feel really uncomfortable going this outside of, this kind 448 - > of, zone, right?

449 - > Teaching my own son and his response is, mom, this actually 450 - > works. 451 - > I was like, yes, I told you. 452 - > Go outside of your car zone. 453 - > Talk to people.

454 - > And he was like, you know what? 455 - > I'm amazed people are responding. 456 - > I'm, I was like, of course they need help, right? 457 - > So be more proactive and and this is the way how you can get 458 - > your first job.

459 - > ben parker: Yeah, no, I definitely think it's also if 460 - > you go to the business side, you understand their problems. 461 - > You can then obviously you've got the technical background, 462 - > you can then add so much more value. 463 - > And that's, it's that collaboration bit. 464 - > It's obviously data teams and business teams are getting 465 - > closer and closer.

466 - > Not quite close enough yet, but I think that's the way the 467 - > future's gonna be. 468 - > And that's where the businesses that do that is gonna have that 469 - > success. 470 - > So then we, I guess with the organizations that I guess are 471 - > moving towards like this more product thinking. 472 - > do you feel leaders struggle to adapt their ways of working?

473 - > elena: So we still give out ourself an excuse saying that. 474 - > Technology is enabler, right? 475 - > So technology is not an enabler anymore. 476 - > Technology is a new way of doing the business, right?

477 - > So technology is creating this business loops, right? 478 - > So that business can actually run really differently, right? 479 - > So this is definitely the lack of literacy, what I'm saying, 480 - > right? 481 - > So we do need to have a massive literacy on both and business 482 - > and the technical side.

483 - > Because technical teams, when they. 484 - > Let's say build data products using Databricks. 485 - > Most of the teams are given excuse to business saying oh, 486 - > it's okay. 487 - > We can play the data product role.

488 - > You don't need to come, which is gonna technically build it up. 489 - > Never works. 490 - > We tried it multiple times celebrate it. 491 - > Multiple successes.

492 - > Year later everything goes back to, to the same kind of 493 - > behavioral, right? 494 - > So behavioral means that the literacy doesn't stick to 495 - > organization, right? 496 - > So we do need to change step by step, right? 497 - > So for for leaders who really need to drive this change, 498 - > right?

499 - > So from the technology side and business side, my advice is go 500 - > back to education. 501 - > Go back to education. 502 - > But don't take, if you are technical leader you don't need 503 - > to take another AI class. 504 - > It's good enough if you watch some YouTube, me videos, educate 505 - > you on the technology.

506 - > But what classes you need to get, you need to get into 507 - > communication. 508 - > You need to get into collaboration, you need to 509 - > actually negotiation, right? 510 - > So how negotiate benefits with the business, right? 511 - > So we do need the massive reeducation of technology and 512 - > data people.

513 - > At the same time, we do need to embed more let's say like a data 514 - > and AI education into business curriculum like all major 515 - > business schools. 516 - > Are not even teaching data strategy, which is shocking, 517 - > right? 518 - > So there's no classes on data strategy. 519 - > So how you can be the leader of the future if you don't even 520 - > know what role data is playing in organization.

521 - > ben parker: Yeah. 522 - > And also because also, businesses are struggling to 523 - > hire like data scientists, data engineers. 524 - > 'cause it's that again, the mindset is having that business 525 - > knowledge is like the role has changed and it's, there's not 526 - > many people that have adapted their ways. 527 - > So do you think businesses.

528 - > Should start investing more in this I guess like executive 529 - > training at an earlier age. 530 - > Because I've had guests one guest on here before and she had 531 - > got executive coaching at her like an early age or not? 532 - > No, sorry. 533 - > Like in early in her career.

534 - > And then that's ramped her up and now she's Chief data another 535 - > company. 536 - > So I think is it more being, just trying to get into that 537 - > mindset of being more proactive, learning these skills that. 538 - > Are gonna be helpful five, 10 years ahead. 539 - > elena: A absolutely right.

540 - > And I would love actually to provide like an analogy, right? 541 - > Because there are a lot of leadership development 542 - > frameworks, right? 543 - > You might know some of them. 544 - > There are like a strength finder.

545 - > There are working ingenious. 546 - > So there is a framework called disc, right? 547 - > All of this framework is actually look at the people 548 - > behaviorals, right? 549 - > And looking for example, who is actually excelling what, right?

550 - > So some, somebody, people are really great in making 551 - > connections. 552 - > Some people are really great in making deep dive research and 553 - > kind of understanding all facts and everything, right? 554 - > But all of these methodologies, old methodologies, they, they do 555 - > not talk about. 556 - > What is changing when technology is around?

557 - > I recently have been presenting at a manufacturing leadership 558 - > council which is like a really large organization in North 559 - > America covering almost all manufacturing organizations, 560 - > right? 561 - > And my topic was about what is the leader of the future, right? 562 - > So I did ask my audience, which majority of executive officers, 563 - > chief and transformation officers, I said, what is. 564 - > The one dysfunction of the team, right?

565 - > And everybody know from the old old leadership development the 566 - > number one dysfunction is trust. 567 - > And, but in all methodology, the trust is between people, right? 568 - > Between your manager, between leadership and the employees of 569 - > the company, right? 570 - > So this is the old version, but now data and technology is a 571 - > part of this, right?

572 - > So it's do we trust data? 573 - > Do we trust technology to make decisions for us? 574 - > And when we had this conversation in this big room of 575 - > senior executives. 576 - > The reaction was like, oh my God, this is absolutely right.

577 - > We cannot do the old way our leadership development because 578 - > we do need to include technology as a part of leadership 579 - > development and show how trust is changing, how partnership 580 - > between teams are changing how roles are changing in 581 - > organizations. 582 - > So when I speak about data ai literacy programs. 583 - > This is not about training tools. 584 - > Most programs you're gonna see, not most all of them, you're 585 - > going to see actually about how we train people to understand 586 - > data.

587 - > No, it's not about understanding data. 588 - > It's about this, how we can make people actually trust in data, 589 - > how they can identify when you should be trusting on not 590 - > trusting data, right? 591 - > And how you should be working together so you can actually 592 - > trust the data, right? 593 - > So really different center.

594 - > ben parker: So what then would you say like the for the 595 - > listeners, what skills that are becoming essential? 596 - > That people should maybe focus more. 597 - > 'cause obviously it's changed now. 598 - > Obviously there's so much, there's so much to learn, isn't 599 - > there?

600 - > With generative ai, it's all constantly evolved. 601 - > But is there any other key skills that people should pay 602 - > attention to for this? 603 - > Like I guess more of a product driven environment. 604 - > elena: This all comes into soft skills, right?

605 - > So this is your cultural agility. 606 - > This is your curiosity. 607 - > This is the skill to partner. 608 - > Because mainly tech people have a tendency to focus on doing 609 - > technical work versus partnering with somebody else who might be 610 - > doing this technical work, right?

611 - > Collaboration, up and down, listening to customer 612 - > negotiation. 613 - > So these are the skills which absolutely needed for the 614 - > future, right? 615 - > So I'm currently recommending again. 616 - > I'm speaking up for people on traditional enterprises, right?

617 - > We have to wake up, we have to invest in ourselves into our 618 - > leadership skills which is, I said collaboration, 619 - > communication, listening to customer partnership, being 620 - > curious, right? 621 - > So being a agile. 622 - > So these are type of skills are much needed for the future. 623 - > ben parker: And I guess this is gonna be.

624 - > A massive step for a lot of people in the tech world. 625 - > 'cause obviously traditionally they're really technically 626 - > gifted. 627 - > And this is gonna be coming outta their shell, isn't it 628 - > really to get these soft skills? 629 - > 'cause this is a completely new thing for them because 630 - > traditionally like tech people just love to sit in a room and 631 - > code like it is really now you need to, you've gotta be that.

632 - > Yeah. 633 - > Like focused on your soft skills and I guess understanding 634 - > problems now. 635 - > elena: Yeah, no, ab absolutely right. 636 - > I think we are just in the beginning of.

637 - > Like a major changes in a career pass, right? 638 - > So it's not gonna be like a linear career pass anymore, 639 - > right? 640 - > So it's gonna be more matrix career pass. 641 - > It's not gonna be differentiation or technical 642 - > people.

643 - > And this are business people, right? 644 - > So it's gonna be the new cohort of people. 645 - > Which actually understand both sides, the business and the 646 - > technical sides, and can actually run the business more 647 - > technically. 648 - > We already have great examples.

649 - > I'm just going back to me, at the Amazon, right? 650 - > So these are the new generation of leaders who grew up. 651 - > Running the technology type of business, right? 652 - > But now this technology type of business are coming to 653 - > healthcare, come into banking, came into like manufacturing and 654 - > all other insurances, all other industries, right?

655 - > We are gonna see the massive, massive change. 656 - > So this technical people, we said, right? 657 - > But business people also have a gap, right? 658 - > So this is an example.

659 - > A guy now. 660 - > It's going so crazy. 661 - > I'm talking to development teams and they have so many requests 662 - > from business leaders to develop all kind of agents, right? 663 - > But when we talk to business people and I say, okay, how are 664 - > you gonna evaluate your digital employee?

665 - > So it's interesting response because it's like, what do you 666 - > mean digital employee? 667 - > I was like, this agent is actually gonna make your sales 668 - > now. 669 - > You are accountable, right? 670 - > And you can see the reaction and the business person business 671 - > person reaction because they were like, what do you mean this 672 - > is like a CIO job?

673 - > I was like no. 674 - > This is your job because this is your digital employee, right? 675 - > So we also need different type of skills on a, on the business 676 - > side to understand how you manage technology as your new 677 - > employees. 678 - > ben parker: So would you say, obviously the rise of ai, is it 679 - > accelerating or complicating the move towards more product 680 - > centric roles?

681 - > elena: It is accelerate. 682 - > It's accelerate a hundred percent. 683 - > Ben as I'm saying, is people wake up. 684 - > It's like you, you have to invest in yourself and get this 685 - > type of skills right?

686 - > Start from, reading internet, watch YouTube videos, buy some 687 - > books. 688 - > I. 689 - > You can see probably behind me, I have quite a lot of books 690 - > actually about the product management because I personally 691 - > have been investing in my own skills the last like 12 years, I 692 - > would say, right? 693 - > You have to invest in your education.

694 - > It's gonna be like, must have for the future. 695 - > This is the way for you to to actually, stand up around the 696 - > crowd and get your leadership spot. 697 - > ben parker: Yeah, so I guess for like leaders who I guess grew up 698 - > in a more traditional analytics or engineering path, what's the 699 - > best way for them to start building like true product 700 - > capability? 701 - > elena: So the first step, what I would recommend is.

702 - > People is asking I want to, be in like a product. 703 - > It's like you, you have some management skill. 704 - > Skill, right? 705 - > So people are always saying yes, I want to be a manager, okay?

706 - > Before you want to be manager, be the leader first, right? 707 - > So what does it mean? 708 - > Be the leader first. 709 - > Nobody's pre preventing you to be the leader, right?

710 - > Do the first exercise. 711 - > This is my recommendation. 712 - > Go to your customer. 713 - > And not just to make a, the call of saying what dashboard I can 714 - > build for you or what, whatever model I can build for you.

715 - > But go into discovery process. 716 - > For example, ask your customer to take you to the sales call, 717 - > right? 718 - > Or to the sales trip, or go to the factory. 719 - > So start understanding better the customer and the business, 720 - > right?

721 - > So this is doable. 722 - > You can do it, right? 723 - > So if customer's gonna say no, I'm not interested to take you, 724 - > you can still do it, right? 725 - > So go to the store, see how the business is working right?

726 - > Find a way to learn more about the need of your business. 727 - > ben parker: Yeah, no, definitely. 728 - > I think it's. 729 - > elena: First step.

730 - > Yes. 731 - > ben parker: Yeah, no, I think if if you know the business, the 732 - > if, like even if you're a top leader, if you know the 733 - > business, if you can actually like say in a co say if you 734 - > worked in a co leader in a coffee shop, like you went and 735 - > worked actually on the coffee floor, understand the business 736 - > problems, you're gonna be able to apply that knowledge So much 737 - > more value, aren't you? 738 - > elena: Absolutely no ab, absolutely.

739 - > So definitely be more curious, right? 740 - > But do not. 741 - > So what I see is technical people, they, they all including 742 - > myself, right? 743 - > So we all excited about solutions.

744 - > We are solutions people, right? 745 - > So we see the first answer and we immediately like, oh, I know 746 - > how to solve it. 747 - > No. 748 - > Stop here.

749 - > So you have to ask at least a hundred questions. 750 - > Hold yourself on any solution, hold yourself, forget about 751 - > solution, right? 752 - > Hand have more deeper conversation, right? 753 - > So so you can actually understand what is the real 754 - > problem, because the first sentence you might hear.

755 - > It's not gonna be the real problem. 756 - > And maybe the fifth sentence you're gonna hear, it's not 757 - > gonna be real problem. 758 - > We have to have deeper conversations and maybe more, 759 - > informal conversations, right? 760 - > So I'll give you in my examples when I was, going on a sales 761 - > trip, like in in the pharma for example, right?

762 - > We visit some doctors, right? 763 - > And I can absorb how the sales conversation is happening, 764 - > right? 765 - > So then we, we live in the office and salesperson is 766 - > actually supposed to enter information about the visa to 767 - > the system, right? 768 - > And I'm seeing how this person is struggling to do this because 769 - > there is no internet connection, right?

770 - > So if I don't, don't see it, right? 771 - > So I might not, I don't understand why we have missing 772 - > fields. 773 - > We have missing fields because people simply didn't have 774 - > internet connection in the location. 775 - > So this gives me the thinking is okay, if they don't internet 776 - > connection, what I do about it, you know how I can help them, 777 - > right?

778 - > So you. 779 - > ben parker: So obviously you've mentioned a couple of companies 780 - > like Meta and about obviously getting it right. 781 - > So when companies are getting product thinking right in data 782 - > ai, what kind of business value shows up first? 783 - > elena: So I think first what the business, first of all, you can 784 - > definitely see much better agility and and efficiency, 785 - > right?

786 - > So you are gonna be able to de, to deliver the value much 787 - > quicker, right? 788 - > Because the product mindset means that you develop, you deve 789 - > you you develop the value in incremental steps. 790 - > So it's like you almost because it's a like Iranian cycle, 791 - > right? 792 - > So this is not the project, oh wait, several months and this is 793 - > your answer, right?

794 - > You are constantly gonna be able to work with your customer and 795 - > create incremental value, right? 796 - > So this is the first benefit, right? 797 - > So the value is gonna start showing right away. 798 - > Yours is, then you wait four months to finish your project 799 - > and then your customer gonna look at the project and say, oh 800 - > my God, this is not what I wanted.

801 - > It's not gonna work in my environment. 802 - > So this is the first benefit you're gonna see. 803 - > ben parker: Okay, so do you feel, obviously these, with 804 - > businesses, building teams, do you think. 805 - > Obviously I've called you the glue.

806 - > Should they be hiring more people that can act as a glue 807 - > within a business? 808 - > So then they bring the business and tech closer together. 809 - > elena: Y Yes. 810 - > Abso absolutely.

811 - > We are already seeing right now that like having the business 812 - > partnership is a requirement for all leadership type of roles, 813 - > right? 814 - > So do you want to be the technology director? 815 - > Do you want to be the chief data officer? 816 - > The first skill is.

817 - > That you actually have to be able to build the business case. 818 - > You have to be the partner, you have to understand the business, 819 - > right? 820 - > So these are the skills which are always, gonna be the skills 821 - > for the senior leaders. 822 - > Also I tell like a middle.

823 - > Me, middle level man managers. 824 - > This is a big cohort of people who come to me for career 825 - > advice. 826 - > I'm saying for you to grow up you're not gonna grow by IT and 827 - > more tools, right? 828 - > So you're gonna grow by it and leadership skills, better 829 - > understanding of the business, right?

830 - > So this is absolute requirement for you to grow. 831 - > ben parker: Yeah, no, definitely. 832 - > And I think it's gonna be, I think as AI matures, it's gonna 833 - > get deeper and deeper, isn't it? 834 - > Into every area of the business.

835 - > It's, and that's just the way it's gonna get. 836 - > So if you've got that, the knack. 837 - > like you said to keep asking questions why? 838 - > Getting deeper into the problem, you are gonna be in a better 839 - > position to add value to the company.

840 - > elena: Yeah, no, a abs absolutely, you go, you're gonna 841 - > be like in a better position. 842 - > And plus again, understanding how the business is working, 843 - > right? 844 - > So I think I'm, maybe I, I feel I'm lucky in my career, right? 845 - > Because one of the major role when, when I actually, came to 846 - > United States back in like in 2000.

847 - > So I was hired by the Wall Street Journal, Dow Jones to 848 - > establish basically data and analytics practice, right? 849 - > Which didn't exist for digital. 850 - > And I had the chance to work in a digital publishing. 851 - > Before even digital transformation started, right?

852 - > So this gave me opportunity to better understand how to work in 853 - > this product model, right? 854 - > So we did not call it the product model, right? 855 - > But this almost an Amazon type of requirement, right? 856 - > I remember one of the program I was driving is personalization, 857 - > right?

858 - > So like everybody. 859 - > Have this theory that if you personalize customer experience, 860 - > you are going get better better customer retention, you're going 861 - > to get better subscription, right? 862 - > So you're going to get longer time value, right? 863 - > So this is like a hypothesis, right?

864 - > There are two ways to look into this, right? 865 - > So one way is like how we technically prove it, right? 866 - > Can we actually prove that personalization is driving more 867 - > usage, right? 868 - > But then the business side comes is this gonna convert to p and 869 - > l?

870 - > And here you can hear a completely different story 871 - > because I remember when I was, presenting to senior executives 872 - > at at Dow Jones, and basically I said, you know what, here is my 873 - > finding. 874 - > So this type of realization is gonna convert to p and l and 875 - > this one is not gonna convert. 876 - > And you are gonna see the room of people like really senior 877 - > chief product officer. 878 - > She was like, oh my God, Juliana, you changed my mind.

879 - > I did not even think this way. 880 - > That this presentation is not gonna convert to p and l, which 881 - > means that we don't want to invest, right? 882 - > So technically you can think, oh yeah, let's do everything gonna 883 - > be personalized, right? 884 - > But if it's not gonna convert to your pro profit, basically, or 885 - > your additional customer growth, then it does make sense to do.

886 - > And I would tell you. 887 - > It's rarely. 888 - > You can see the people especially like a mid-level, who 889 - > are crunching all these numbers are thinking this way. 890 - > So they need to start more about how the business is made.

891 - > What is, what is our profit, what is our loss, what is 892 - > operational efficiency? 893 - > To better connect all the science projects to real 894 - > business. 895 - > ben parker: Yeah, it's interesting to say that'cause 896 - > I've had a lot of people on the podcast honestly speak to people 897 - > where they've, it's. 898 - > Got to point in their career and they've done like a sideways 899 - > move to more into the business.

900 - > And then further on in their career, it's really benefited 901 - > them. 902 - > So I think it's, there's a lot of different ways you can go in 903 - > the future, especially for leaders. 904 - > You could see. 905 - > Aside, obviously I know everyone probably wants progression, but 906 - > sometimes if you do a sideways move or even a step down just to 907 - > understand the business, it's gonna benefit you in say, five 908 - > years time.

909 - > You're gonna just add being a bit of, I guess all more for all 910 - > rounded type of individual, you understand business and 911 - > obviously you have the tech side to your skillset. 912 - > elena: A hundred percent. 913 - > And actually some companies are doing this type of rotation. 914 - > So for example, Johnson, actually we did quite of 915 - > rotations, right?

916 - > So like somebody from my team, like a business analyst. 917 - > We sent her to the marketing organization for six months, 918 - > right? 919 - > And and she didn't like it. 920 - > She was like, I don't want to be in marketing.

921 - > No, go and learn what marketing is doing, right? 922 - > Because, we working a lot with brands. 923 - > You need to understand the brand structure, right? 924 - > So this, these are like you, you basically need to give this type 925 - > of skills to rat, rotate people.

926 - > And the same. 927 - > Take somebody from the business team and put them into 928 - > technology organization. 929 - > So for me is actually just maybe, how I came to to my role 930 - > as a chief data ai. 931 - > I started from the business, right?

932 - > So when I was working in a publishing, I was in a product 933 - > organization working directly with the business. 934 - > And my, my fewest technical role, it's actually happened to 935 - > be. 936 - > When I joined Johnson, right? 937 - > And this is where I started more being on the technical side, 938 - > right?

939 - > So I'm coming from the business to technical side, and this is 940 - > actually helping me because I am helping the business people, the 941 - > technical people to give more business focus, right? 942 - > And we need both ways. 943 - > We need people actually both ways to take this type of steps 944 - > because there are a lot of really. 945 - > Super smart and the people who are really understand the future 946 - > of technology on the business side.

947 - > But they feel that going back work for technology, it's almost 948 - > like a step back. 949 - > No, it's not the step back. 950 - > You can be one of the best technical leaders, right? 951 - > So if you come from the business to the technology.

952 - > ben parker: Yeah. 953 - > No, definitely. 954 - > Brilliant. 955 - > Okay, brilliant.

956 - > I really appreciate your insights Anna, I guess any I 957 - > love your passion, by the way. 958 - > Any, any final words you'd like to leave with the listeners? 959 - > elena: So I think my final word is is definitely I think I 960 - > already said enough, is, wake up people. 961 - > So unfortunately that AI is is gonna be, yeah, it's gonna put 962 - > pressure on us.

963 - > It's putting pressure on people who build ai. 964 - > Gonna feel it first, right? 965 - > Wake up invest in yourself. 966 - > Nobody's gonna help you unless you help yourself, right?

967 - > So there are so many resources available. 968 - > As I mentioned, there are wonderful communities. 969 - > There is a YouTube, there is a substack, right? 970 - > But take care of yourself.

971 - > So this is gonna be my last message because I love you so 972 - > much. 973 - > I want everybody in data analytics side to be successful, 974 - > but please wake up. 975 - > ben parker: Brilliant. 976 - > Thank you for your conversation.

977 - > elena: Thank you so much, Ben. 978 - > ben parker: And I guess for thank you for listeners for 979 - > listening. 980 - > If you want more conversations with data experts, please make 981 - > sure you follow or subscribe to Data Analytics Chat. 982 - > And so don't miss future episodes and we'll see you next 983 - > time.

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