In this episode of the Executive Insights podcast by AWS, hosts Tom Soderstrom and Miriam McLemore discuss how businesses can leverage data for better insights and outcomes. They address common executive concerns about data overload, monetization, and quality, highlighting the increasing importance of unstructured data and generative AI. They share examples of companies that have successfully and unsuccessfully utilized data, emphasizing the need to overcome friction in data sharing, promote a culture of experimentation, and focus on specific business goals. They also discuss the importance of speed in various aspects of business and the role of data in achieving it, with examples from Formula 1, Lonely Planet, and NASA. The hosts advise future leaders to prioritize business needs, encourage data sharing, and upskill teams to effectively use data-driven insights.
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