Businesses have been transformed one way or another by the disruption of Covid-19 and senior finance professionals will have had varying challenges and priorities to contend with over the last year, depending on the industry sector they operate in. But what is clear from our conversations with CFOs and FD’s across the board, is that they’ve had to reimagine financial plans and processes to steady operations in the near term (that many would argue remained unquestioned or unchanged prior to the Covid-19 crisis) and guide decision making for the future. Senior finance jobs in demand So, as finance teams re-set priorities amidst ongoing economic uncertainty in 2021 – what roles, expertise and skills do employers need and want from senior finance professionals this year? 1. Financial Modelling, and Financial Planning & Analysis Finance leaders continue to engage in scenario modelling and are building flexibility into their planning and forecasting cycles. Planning and review cycles at the peak of the pandemic in 2020 were sped up out of necessity and for many finance functions that pace has now become habit. Finance teams continue to shift toward quarterly (or more often, if needed) planning and review cycles. We have seen this imperative translated to increased demand for finance professionals with Financial Modelling, FP&A, Business Partnering, Financial Analysis and Reporting expertise. Financial modelling along with the accurate analysis and interpretation of business-wide internal, and macroeconomic external data, is essential for providing the foresight needed to inform strategic decision-making in these unprecedented times. As such, the improvement of performance reporting is an on-going focus for finance leaders as they seek to accelerate and help C-Suite decision-making. To this end, we have heard more talk of finance teams using ‘data rooms’. These cloud-based data analytics systems sit on an ERP and provide self-serve tools, for the analysis of internal and external data, to help inform strategic decision-making. As such, senior finance professionals with analytical and business partnering skills will remain in high demand throughout 2021. 1 2. Cost control & business case analysis Cashflow is of course vital for any organisation to be able to sustain itself however, where businesses have seen a significant decline in revenues cash isn’t just king - it’s critical for survival. Actions to preserve cash have included making redundancies, taking advantage of Government schemes, placing staff on furlough, introducing temporary hiring freezes, salary reductions and cuts on discretionary spending. As such, cashflow modelling, minimising old debt and cash preservation will remain priorities for finance teams as the world around us continues to evolve in 2021. Although cashflow modelling is still very much a key focus for many, others that have experienced growth throughout the pandemic (online retailers for example) have had to be careful not to overtrade or make bad investment decisions that may only result in short-term gains. As such, senior finance professionals with expertise in cost control, business case modelling and banking stakeholder management will continue to be highly sought after this year. 3. Digital transformation & process improvement There has been an increase in discussions within our senior finance network of project work being driven by the need and desire to adopt intelligent automation. Robotic Process Automation (RPA) has become increasingly prevalent in the Finance Transformation space as an effective way of optimising repetitive processes and enhancing finance functions by unlocking true ‘human value'. For example, using ‘bots’ on a finance system for invoice matching. As such, there will be less demand for transactional BAU finance roles and more for system implementation roles, project-based roles and business partners who can make the finance department more efficient and effective in the year ahead. Top 5 accountancy & finance jobs 2021 Here’s our list of the top five, in demand, senior accountancy and finance jobs for 2021:1. Financial Controller2. FP&A Manager3. Financial Modeller/Analyst4. Financial Reporting5. Finance Business Partner Who’s hiring permanent & interim finance professionals? Unsurprisingly, hiring intentions across all sectors are far more muted this year with the number of applications to every role advertised significantly on the rise. A result brought about by more candidates on the market and the removal of geographical/logistical limitations due to increased remote working. However, businesses that did well and experienced growth last year, such as online retailers and consulting firms, are continuing to hire permanent finance professionals in preparation for yet more growth. Employers are increasingly having to make hiring decisions and onboard talent 100% remotely. As such, they've been much more risk adverse and focused on securing outstanding references - although overall time to hire has actually reduced. We are now seeing the end-to-end recruitment process taking over a week less than it did in the first half of 2020 when the first impacts of the pandemic were felt. Additionally, interims already on assignment are increasingly being pulled into project work which often leads to contract extension - a trend likely to continue this year. Candidate expectations The exceptional senior finance candidates we speak to expect their safety, wellbeing and work-life balance to be taken seriously by prospective employers. Some candidates are not happy with how their employers have handled the Covid-19 crisis and don’t feel they’ve been supported in the right way. As such, many will only consider new roles where employers can offer job security and demonstrate that have been able to keep staff morale, engagement and productivity high in a remote working environment. Candidates are keen to understand how sensitive a prospective employer has been to their workforce throughout the pandemic and what the ‘getting back to the office’ message is. They expect flexible working, excellent virtual communication technology and good communication practices from senior leadership. We expect more movement in 2021 as senior finance professionals, who were biding their time throughout the initial uncertainty of the pandemic, once again look for new permanent opportunities to progress their careers. How can we help? If you are job searching in these difficult times, and potentially interviewing from home, there are lots of things we can help you with to prepare. We have plenty of career advice guides we can share with you. Everything from CV tips, to developing your personal online brand and video interviewing advice. If you would like any of our career advice guides, or want to discuss any of our current interim or permanent senior finance opportunities with a recruiting expert please do not hesitate to get in touch.
18 Jan 2021
Download your copy of our insight paperLaws and regulations governing privacy and the protection of data, particularly sensitive personal data, continue to proliferate across the globe. But why should CISOs care about data privacy and how should they manage regulatory transitions to ensure their information security program stands up to data privacy protection laws? To get ‘real’ insight into this topic, we hosted a virtual roundtable where we invited a small group of top CISOs, operating in highly regulated industry sectors in the US, to share their lived experiences. Our guest speaker Robert Ball, Chief Business Development Officer & General Counsel from Ionic, also shared insight into why the domain of the CISO has expanded in light of emerging data privacy and protection laws. Download our insight paper for the key takeaways from the event and to discover 10 technology tips for CISOs to effectively manage data privacy. Download
29 Oct 2020
In my last blog, I wrote about the necessary workforce competencies and the type of cultural mindset that is needed to make digital transformation a success in this new era. But what are the technical skills and areas of expertise that support digital transformation? Here are five areas where talent is in high demand right now:Talent in demand1. Strategy & TransformationIncreasingly organisations are looking to the future, modelling different crisis scenarios, investing in new technology and exploring new customer engagement models or partnerships. The question of who is thinking strategically, beyond the business proposition as it stands today and shaping how it may look in 3, 5- or 10-years’ time is paramount to an organisation’s survival and future growth. Many organisations are facing wholesale changes to their operating model which is a highly complex and often daunting piece of work. As such, there has been a proliferation of new roles in the areas of strategy, innovation and change management. ‘Directors of Strategy’, ‘Project or Programme Directors’ and ‘Change Managers’ have become common place across many different types and size of organisation. However, the unprecedented speed with which organisations have had to react to the Covid-19 pandemic, and its ensuing challenges, has triggered an acceleration of digital transformation projects and compounded the need for senior professionals who can facilitate transformative change, alongside the complexities of a remote working environment. 2. Cloud-based servicesUnsurprisingly, as we have transitioned to remote working, skills in cloud-based services such as AWS, Google Cloud and Azure, have and will continue to be of critical importance. The shift to cloud based technology will no doubt remain prevalent even when we all get back to the office without restrictions. Professionals that have the skills to deploy cloud-based services as needed will be required to ensure continuous and reliable connectivity to these systems to ensure business continuity and productivity. 3. Cyber securityRemote working increases the risk of cyberattacks as hackers target people’s increased use of and dependence on digital tools, data sharing and communication. As such, organisations must enable secure remote working using a virtual private network (VPN) to create an encrypted connection from the user's computer to their company IT system. However, even businesses with a quality VPN may need to improve the server capacity and network security to enable their entire workforce to use it at once and work remotely, securely. This means that top cyber security talent, already in high demand, will remain indispensable for employers as agile working practices continue for the foreseeable future. 4. Data analytics As organisations race to adapt to different ways of working and evolve best practice across their systems, people and processes, Data Scientists and Analysts continue to be in high demand. Modelling the impact of the Covid-19 crisis and understanding evolving customer behaviour is vital to the strategic decision-making process of any organisation right now. Data analysts who can provide the accurate analysis and interpretation of data, to the right people at the right time, will provide much needed foresight in these unprecedented times. 5. Automation & AITo help reduce administrative tasks and enhance process efficiencies, within and between different systems and departments, most organisations have invested in automation technology and artificial intelligence (AI) to some degree. The specific artificial intelligence or automation technology, its application and tools available (such as Robotics Process Automation, Chatbots or CRM) varies across industry and profession. Professionals who have demonstrable experience of either developing, implementing or integrating this technology within and between business functions and adapting it to the new virtual world of work, will be highly prized. As well as investing in technology and talent, organisations must look at their people from top to bottom and involve individuals who can provide ideas, or champion and lead transformative change. Those that believe it will all be driven from the boardroom and do not engage a diverse group in tackling change may well struggle. Understanding individual challenges in remote project delivery requires diverse perspectives and agile leadership that utilises the capabilities of individuals from every corner of the business. In an increasingly geographically agnostic business world, leaders have to understand how they can embrace technology, help their people to bring about better customer experiences and deliver lasting change that enables them to remain relevant. After all, how can you compete if you don’t evolve your operating model in today’s rapidly changing world?Those that can win both the hearts and minds of their workforce will successfully deliver the most complex of technical change with the highest levels of engagement. It’s strange how even the most baffling of technical puzzles always falls back to people! Download our insight paperFor more on this topic, download a full version of our insight paper 'Digital Transformation: What does it take to succeed?,' where we explore what constitutes the right mindset needed for change and share the technical skills and talent in demand right now. Download Share your insights If you need help finding talent with the necessary competencies to transform your business please get in touch. We’d also love to hear from leaders on how you are progressing your digital transformation projects in these challenging times.
18 Sep 2020
Download your copy of our insight paperIn these times of great technological change, unlocking the power of Business Intelligence (BI) is vital to the strategic decision-making process of any organisation. Download our latest insight paper which features top tips on increasing your BI capability along with case studies from leading Business Intelligence experts operating in different sectors. Download
04 Sep 2020
Increasing Business Intelligence capabilityIn these times of great technological change and ongoing economic uncertainty, unlocking the power of Business Intelligence (BI) is vital to the strategic decision-making process of any organisation. But despite countless ways to collect information and connect people, the world has become more fragmented than ever before, and it’s holding businesses back.Data analytics provides accurate analysis and interpretation of business-wide internal, and macroeconomic external data, to the right people at the right time, equipping leaders with much needed foresight in these unprecedented times.As such, organisations, both large and small, are increasingly preoccupied with growing their overall BI capability. They are investing in talent with these skills, enabling employees to use self-serve data analysis tools and seeking ways to improve the accessibility of data to help a greater proportion of the workforce.Moving to the cloudTraditionally, business intelligence is delivered by Business Analysts using on-premises data warehouse solutions. This process can be slow with some Analysts spending the majority of their time extracting, moving and combining data instead of conducting analysis.That’s why many organisations are now creating data analytics platforms in the cloud, with accessible tools that can be used by people across different business functions across the entire organisation, instead of just a select few.Another endeavour which seeks to increase the overall BI capability of an organisation is the creation of a Business Intelligence Centre of Excellence (CoE).Establishing a Business Intelligence Centre of ExcellenceEstablishing a Business Intelligence CoE is a proven approach to achieving a strategic, cohesive, enterprise-wide BI environment. The CoE is an internal group that provides services and oversight to the various departments within an organisation and guides BI initiatives to achieve common strategic objectives i.e. service improvement, efficiency gains, cost savings, revenue growth etc. The overriding goal is to increase the BI maturity level of the organisation as a whole, to derive more value, more quickly from data insights and enable strategic decision-making at the highest level.Business Intelligence maturity levels according to GartnerIn 2015, Gartner published their much-sited maturity model giving leaders a yardstick to understand how effectively a BI or data function is supporting enterprise level goals. The model asserts that there are five BI maturity levels:Maturity level 1: UnawareAccording to Gartner at this level the company has no information infrastructure and there is only ad hoc BI. Departments have not developed formal processes or practices and workers try to gather information with the random applications they happen to have at their disposal, predominately spreadsheets in Excel. Maturity level 2: OpportunisticAt this level there are BI and analytics projects in the organisation, but business units carry them out individually to optimise a process of their own or to make unit-specific decisions. Employees use data integration tools, databases and analytics platforms. They disseminate information via reports, ad hoc queries and dashboards.Maturity level 3: StandardsAt the third level there is coordination between people, processes and technologies across the organisation. A champion for BI and analytics emerges and there are process and IT managers who oversee projects across multiple business processes (instead of one process) that need to share analysis and decisions. Technology standards start to emerge, including standards for information infrastructure, data warehouses and BI platforms.Gartner proposes that at this level most organisations implement a BI Competency Center (BICC) or BI Center of excellence (CoE) consisting of business users, IT professionals and analysts to share expertise and improve consistency for specific applications or uses of information. Maturity level 4: EnterpriseAt the fourth level, BI is sponsored by the senior management. A second feature is that the organisation has linked multiple processes to its revenue and other goals and defined a framework of performance metrics through which processes and action towards those goals are evaluated. Gartner says that these metrics guide the implementation of enterprise strategy. Thirdly, BI applications support cross-functional or enterprise-wide decision-making processes meaning they are not limited to individual functions or processes. Gartner says that at this level, everyone from analysts to managers and senior executives, uses the same BI and analytics systems. Maturity level 5: TransformativeAt this fifth maturity level, BI and analytics are run by business and IT functions together and are supported and governed at the highest level of the organisation. The CEO sponsors the BI program or if not, the position of Chief Analytics or Data Officer has been established.Information, analytics and the whole BI system are regarded as vital for implementing the enterprise strategy. BI is used actively to increase sales, productivity and customer satisfaction and to decrease costs. The performance metrics framework is now complete and covers also partners and customers. The organisation uses decision processes like decision simulations which incorporate best practices in decision-making and optimisation technologies. Top tips for establishing a BI Centre of ExcellenceSo, when it comes to establishing a Business Intelligence CoE, to increase the BI maturity level of an organisation, what are the key considerations and actions? We spoke with a range of Directors and ‘Heads of’ Business Intelligence who have implemented a BI Centre of Excellence across a variety of companies, industries, and global remits. It was relatively clear to spot the patterns in what they believed, joint with human elements of creating a technical solution, would be the ‘key tips’ to think about – these can be grouped into three headings:Talent Planning Change Management Interestingly, and perhaps unsurprisingly, the key challenges were all about people and changing behaviours. Every leader that we spoke with was clear that if you get the talent right, the tech can look after itself, it’s then about how you make it part of the company’s DNA. Once consolidated, the top tips for building an effective BI CoE were:Talent:1. Deeply evaluate the skills of the BI team to focus training and hiring activities. A high performing, highly skilled team is essential. Find and balance the technical skills, project discipline and ability to evangelise within the business. 2. Do not underestimate how time to hire can derail a programme. A clear people roadmap will prevent long delays.3. Prioritise training for end users to realise real value from the CoE. Planning:1. Obtain a clear business mandate before anything else. 2. Ensure that you can support ongoing business requests (within reason) during the implementation of the BI solution / CoE.3. Spend time understanding the balance between centralised and localised BI activities.4. Always work with trusted information with consistent definitions and known data sources.5. Automate high-frequency, labour intensive regular report generation. 6. Clearly demonstrate value add through meaningful KPIs. Take time to determine ROI and to prove the tangible and intangible value of the CoE but don’t wait until the end to deliver value. Incremental wins support engagement and business take up. Change Management:1. Fix data issues at the source so users don't waste time manually adjusting or correcting data while generating insights.2. Create a demand management forum to prioritise non-project related information required by executive stakeholders.3. Do not scrimp on Change Management or under-estimate the extent of business change required. Keeping users and the business community engaged from kick off and up to date with what the CoE is doing is the single most important success factor.4. Identify and train Super users within the business community to act as ‘change agents’ and promote the value of the CoE.5. Spread the data culture of data analysis from the CoE across the organisation. Executive support is critical in making this happen.6. Become an unashamed evangelist for self-service analytics. Run events to bring users together, demystify BI technology and identify first adopters.7. Use engagement analysts to collaboratively work with different departments to help them self-serve. • Integrate the BI / Analytics function into any enterprise-wide transformation. We hope there is something in here that will support you in your progression through Gartner’s well-trodden path. Share your insightsIf you need help finding top BI talent to provide the insights you need to transform your business please get in touch. We’d also love to hear from leaders on how you are increasing your BI capability in these challenging times.
09 Jun 2020
Employers must be agile in these unprecedented times, but remain forward looking to meet business growth objectivesTechnological acceleration, economic challenges and most recently the global impact of Covid-19 contributes to a constantly changing business landscape. It seems like a tiresome narrative by now, but organisations must continuously evolve, remain adaptable to market (or pandemic) conditions and ‘pivot’ organisational structures to accommodate disruptive technology change – all whilst being highly responsive to a demanding customer.In this ever-changing landscape, People functions are being asked to ‘move the dial’ on multiple fronts – starting with a People Strategy that underpins the strategic business objectives of the organisation. That itself can manifest in multiple different ways, as there is no such thing as one size fits all.However, there are key strategic HR priorities that will still be a focus for forward-thinking organisations, even in these unprecedented times.HR priorities organisations will need to tackle decisively: HR Data: Effectively managing HR/People data and leveraging insights People Operations: Getting the basics of HR Operations and Joiners-Movers-Leavers processes correct, using it as a launching pad for a ‘heightened’ employee experience, integration with the payroll function and the future use of automation and AI Culture: Establishing an ‘anti-fragile’ culture that embraces change with all People-related functions, focused on solving business challenges through a ‘people-lens’ Diversity & Inclusion: Expanding the ‘human’ focus and engagement across the employee population by driving Inclusion, Diversity and ongoing employee engagement initiatives Top 10, most in demand HR jobs:Forward looking organisations, are looking to hire: HR Data, MI & Analytics Manager Head of HR Systems, Data & Insights Director/Head of People Operations Director/Head of Employee Experience HR Services Delivery optimisation Consultant Culture Change Director Learning Transformation Director Head of Diversity & Inclusion Chief Inclusion Officer Head of Wellbeing Please get in touch if you need help hiring across any of these areas. Equally if you are a permanent or interim HR professional with experience in any of these high demand areas, we are here to support your job search in these troubled times.
30 Mar 2020
By now you may have heard the news that Dominic Cummings, the Chief Special Advisor to our Prime Minister has called for Data Scientists and Software Developers to help them reshape the UK state. No small task I might add and while it reads as slightly satirical, we have something to say about it. Posted in a personal blog last week, Cummings called for ‘an unusual set of people with different skills and backgrounds to work in Downing Street with the best officials, some as spads [special advisors] and perhaps some as officials’. He expressed a strong preference for those with STEM experience to fix historic issues in government to which he refers to as profound problems that sit at the core of how the British state makes decisions. Citing Brexit and recent changes to legislation, Cummings spoke of a huge amount of low-hanging fruit lying on the street in the intersection of Data Science, AI and cognitive technologies that could be used to improve policy and project management. Sticking to a very brief, brief – the Chief Special Advisor has offered ‘a rough set of categories’; Data scientists and software developersEconomistsPolicy expertsProject managersCommunication expertsJunior researchers one of whom will also be my personal assistantWeirdos and misfits with odd skillsAsking only for applications from those with exceptional academic qualifications from one of the world’s best universities or evidence of doing something that demonstrates equivalent skills, a PhD or MSc, outstanding mathematical skills and experiences of using analytical skills – I can’t help but question their understanding of Data Science as Data Scientists cannot be categorised, especially not in this manner. We recently produced a white paper to determine what the Ideal Data Scientist looked like and interviewed more than 1,000 professionals in the space to help us get there. Not only did we discover that there was no such thing as an ‘ideal’ Data Scientist but we also discovered, there were several debates being had over the salary, experience, education, age and location of the ‘ideal’ professional. Taking Education as an example, 50% of hiring managers believe a Data Scientist should have at least one PhD and 46% believe they should have no degree education at all, rather, being self-taught with practical and hands-on experience. This means that from a recruitment perspective, Data Scientists are tremendously hard to find and a very specific list of requirements including a PhD in my opinion, is not likely to produce the right pool of candidates – especially not when placed alongside weirdos and misfits with odd skills. Please follow the link below for access to the paper but in the meantime, I’d love to hear your opinion – do you think Cummings is on the right track with his hiring efforts? Download our white paper
07 Jan 2020
Data as we know has the capacity to change the world. Not just change the way we do things, see things or interpret things but make the unthinkable possible. We have now reached a stage in our technical evolution where we have a comprehensive understanding of data and how it can impact our everyday lives but isn’t it time we started using it for good? I don’t mean good as in creating conversions or good as in building Sophia 2.0 I mean good as in using data to create genuine change, for the better. Clive Humby stated in 2006, ‘Data is the new oil’ and The Economist followed in his footsteps just two years ago when they wrote ‘The world’s most valuable resource is no longer oil, but data’. Data is ‘officially’ the most valuable resource in the world, surely we can find a more valuable place for it than business? I recently attended the Big Data LDN conference and heard a really fascinating talk by a company called TIBCO. They were discussing how data and AI can help reduce homelessness, prevent hunting and even help us go green by monitoring rain-fall in certain parts of the world. This really got me thinking about how I talk about data every day. We either talk from a business perspective about GDPR and regulations we have in place to protect our data or we speak to businesses hiring a new data team to monetise their vision. This was a completely fresh concept for me – using data for good and it’s made me really want to learn more about the social responsibility, of data. I’d like to hear from you – do you use data for good or have you come across a company that has? I would love to hear about your experiences with ‘responsible data’ and how together, we could enhance the cause.
25 Nov 2019
With an increased awareness in the protection and abuse of our personal data, it’s now commonplace to find the words ‘ethical’ and ‘moral’ thrown into everyday conversations about data but, while we need to be having this conversation, do we all understand what it means? The debate about ethics is vital. As technology professionals we carry a responsibility to not just protect the data we come into contact with but also reassure the professionals, consumers and spectators that sit outside of the industry – that we’re the good guys. But, what I find fascinating is not perhaps the debate itself but rather, the disparity in definitions of ‘Ethical Data’ and how drastically they can differ. I started thinking about this almost a year ago when we produced our first tech-focused white paper on the Human Face of Data Science. It was an interview with former Data Science lead at NASA, Adi Andrei who really got me thinking about this human side of data, not just the humans effected by poor use of data but how the philosophy of it can have a huge impact on society. He spoke about the fear-factor of data and how implications of roles being replaced with robots does nothing to help our economy, instead it produces resentment to innovation and leaves professionals questioning their survivability in a modern age. Adi suggested that we as professionals have a responsibility to promote technology as an empowering tool and not a debilitating one. He also spoke about the responsibility he has as a Data Scientist to work solely with ‘ethical companies’. This means not working with organisations who abuse the data you waive the rights to or who abuse your behavioural traits and translate them into profit. While this seems like a simple explanation of ‘Ethical Data’ some people have very different definitions. Some for instance believe that by simply delving into this data, without using it, is unethical as it abuses the privacy of its owner but I’m not sure I agree with this one. For me, that’s the magic of data, being able to delve into the behavioural habits behind spending and the psychology behind clicks to come up with the answers to a whole host of things - but this doesn't mean it has to be abused. I agree with Adi that we all have a responsibility to be ethical, righteous and sensitive with the data that falls in our laps but that shouldn't have to restrict us. I attended Big Data LDN this week and was wowed by some of the incredible technology and tools on display – a giant Pac Man amongst other things – but the thing that really blew my mind was a company called TIBCO which through analytic insights is able to monitor Lewis Hamilton as he is driving. The behaviours and decisions behind the manoeuvres in order to present him with different ways to drive faster, push harder and be better. This for me was magic but others may deem it as unethical. I’d like to hear your thoughts on ‘Ethical Data’ – what does it mean to you?
18 Nov 2019
Senior Commercial Analyst £45,000 - £50,000 per annum + bonus + benefits package Buckinghamshire Senior Data Scientist £600 - £650 per day London Enterprise Security Architect Negotiable UK wide Back End Developer (AEM) £375 - £550 per day Edinburgh Finance Analytics Manager £70,000 - £75,000 per annum + bonus + benefits packageSurrey Senior Business and Data Analyst £475 - £525 per day Hampshire Finance Manager £60,000 - £70,000 per annum London A wider selection of current vacancies can be viewed on our opportunities page or get in touch for a confidential discussion about how Stanton House can help you hire great people or assist with your own career goals.
25 Sep 2019
We recently produced a white paper, focused on the human face of Data Science. We explored the evolution of the Data professional, the relevance of the phrase ‘Scientist’ and questioned whether we should scrap the term altogether, replacing it with a list of more specific job titles. We also battled with the idea of the Ideal Data Scientist and questioned what they looked like. Were they educated? Personable? Analytical? Or, perhaps creative? To reach some sort of conclusion, we decided to ask the question to our network; made of more than 2,000 Senior Data Science Professionals and the organisations that home them. They were equally torn on the matter of the ‘ideal education’ as 50% stated that the ideal professional had a degree, PhD and further post-doctorate while 46% believe they should be non-degree educated and just 4% said a degree with no post-degree qualification would be ideal. For me, this debate is fascinating. I completely agree with the principle that Data Professionals may or may not require an education but there are many different considerations that need to be taken into account first. This includes their primary objective as a new hire, the working environment and the type of industry. If you are working for a media company for example, you need to be more creative to fit both the brand and its internal messaging while if you work in the Financial Services sector – you need to be more analytical. Don’t get me wrong, a Data Scientist always needs to be analytical. They need to be able to spot the trends and then come up with a solution to any problem that arises as a result, however, if we think to the profile of a Data Engineer, they need to be more hands on and technical and a PhD would almost be irrelevant. It is vital when considering a new hire that you think about the role they play and not just the title we bestow upon them as the term ‘Data Scientist’ spans across so many different disciplines. Equally, there isn’t a one-size-fits-all approach. Every company should look at their own requirements before thinking of a key profile of a person they need to solve the problems. You need to think firstly, what are your key problems and then secondly, how are you going to solve the problem or who is going to help you? Do you think the ‘Ideal Data Scientist’ exists? Or, do we need to think about the professionals we bring in to carry our businesses forward on an ad-hoc basis? Join the conversation and in the meantime, download a copy of our white paper ‘The Human Face of Data Science’ below. Download our Data Science white paper
10 Sep 2019
Have you thought about what would happen if your organisation was hit with a data breach tomorrow? Come along to our escape-room style event which will see you take part in a live hacking scenario. From the initial breach you will have to work out if a hack has even taken place, where the attack has hit and who is affected - you'll also have to deal with a simulated press conference, concerned customers on social media and your stakeholders asking questions you might not have the answers to. How would you react? We are hosting an exclusive event for exec-level, non technical professionals to come and learn about the world of Cyber in our new and exciting gamified event: How will you respond to a Data Breach? At Stanton House we understand that Cyber Security can be overwhelming and it’s not something we all understand. This simulation offers you a real-life insight into a Cyber Breach as it happens and teaches you how to respond. This event offers an insight into media training, £10,000 worth of consultancy and more importantly, the answers to take back to your board and an unrivalled opinion on a current hot topic. Get in touch with Ryan Surry for more information and to secure your place.
28 Aug 2019