The Amateur Orchestra, Part 1: Why Most Data Initiatives Fail
·2115 words·10 mins
The famous beer-and-diapers data mining story? Never happened. Most ‘data-driven’ companies are just data-decorated, exploring dashboards without hypotheses or action plans. Netflix, UPS, and Capital One succeeded because they started with clear hypotheses about what drives outcomes, then collected data to test them. You don’t explore a violin to see what noises it makes - you decide what piece to play. Are you playing instruments or making music?