Talent Challenge in the Data Analytics Revolution

Eight senior executives with big data responsibilities (AIG, American Express, Samsung Mobile, Siemens Healthcare, TD Bank, and Wal-Mart Stores) met to discuss big data challenges at their companies. This McKinsey Report outlines their findings: one of them is talent. Couple of highlights in this respect:

        “A widespread observation among participants was that the usual sources of talent—elite universities and MBA programs—are falling short. Few are developing the courses needed to turn out people with these combinations of skills”. 

        “They need more “translators”—people whose talents bridge the disciplines of IT and data, analytics, and business decision making. These translators can drive the design and execution of the overall data-analytics strategy while linking IT, analytics, and business-unit teams. Without such employees, the impact of new data strategies, tools, and methodologies, no matter how advanced, is disappointing”.

Our upcoming NEU Master in Engineering in Big Data (focused on developing these competencies) will certainly help provide them with these professionals!