What does it really mean to be data-driven?
Vibhore Kumar has applied his training as an engineer and a researcher to the world of non-technical business, transforming various telcos, banks, insurers and retailers into truly data-driven machines. As CEO & Co-founder of Unscrambl, Inc, Vibhore knows better than anyone how organizations can best work with data.
Unscrambl is a business intelligence provider that helps businesses and companies easily analyze data in real-time for impactful insights.
KEY TAKEAWAYS:
EPISODE HIGHLIGHTS:
1) What is harder: code vs. people?
Coding needs technical expertise, and people management needs communication skills, including leadership, decision-making, etc. According to Mr. Vibhore Kumar, he started coding at the age of ten. But dealing with people is the more challenging part.
2) Unscrambling the data: What does it look like?
Data has revolutionized how we work, interact, and analyze. Mr. Vibhore Kumar used two keywords to explain his take on data in our workplace in contemporary times: true data democratization and true consumerism of data.
After the onset of the Covid-19 pandemic, offices shifted to Microsoft Team, Zoom, and other online platforms. This new arrangement brought a unique opportunity to include bots in our work culture as sidekicks or assistants.
3) What does it mean to be a data-driven organization?
Mr. Vibhore Kumar began with an example of Netflix, Amazon, Google, etc., how they almost replaced humans with data-driven technologies.
Workflow of these companies- Data spectrum: Raw Data-Insights and Analyses -- Decision-making-Action and Implementation.
4) How to understand the story the data is telling you: Hiring and employee engagement data for insights?
Mr. Vibhore Kumar referred to a study where people engage not, nor collaborate. Online meetings, virtual conversations have limited engagement. We need arrangements like a hybrid or blended working.
5) Future of remote work: gig workers, employee retention, and collaborative apps
Remote working, Gig workers are the current and future of work culture. These are here to stay. People are adjusting to the new normal, and collaborative apps like Jira will define the future workplace.
6) Crystal-glazing the corporate metaverse: is it a big deal?
Trends will change with gig culture and new preferences. People are leaving full-time jobs and moving to tier II and tier III cities to work as freelancers. The use of tech and work remotely will reduce this so-called crystal glazing, the corporate metaverse.
7) His biggest learnings being the first-time founder: people management and employees' professional growth.
Mr. Vibhore Kumar shared his biggest learning that communication is the key to a successful business. Build trust, maintain channels open, keep motivating, and share the company's vision with employees.
Follow Vibhore on LinkedIn
Produced by: Priya Bhatt
Podcast host: Abhash Kumar