Ep 152: Why Relying on Data Can Cause More Harm Than Good

Ep 152: Why Relying on Data Can Cause More Harm Than Good

Cathy O’Neil is a mathematician who has worked as a professor, hedge-fund analyst and data scientist. Cathy founded ORCAA, an algorithmic auditing company, and is the author of Weapons of Math Destruction.

Cathy says she was always a math nerd. She loves the beauty of mathematics, and says it is almost an art – the cleanliness of it. One of her favorite things is that math is the same no matter what country you go to. She also had had an interest in the business world, which led her from academia to work as a hedge fund quantitative analyst.

Big Data is both a technical and marketing term. The technical term depends on the technology you are using. Big data used to mean that it was more data than you could fit on your computer – now it means more that you can perform in a simple way – that it needs to be put it into another form before it can be used.

The marketing term, ‘big data’ is misleading. However, it represents the belief that you can collect data for one thing but then the same data can be used for another purpose. “It is a technology that allows us to collect seemly innocuous data and use it for another purpose.”

One profession in which O’Neil has at looked at the use of big data and algorithms in detail – and discusses in her book – is teaching and their evaluations. She says there were teacher evaluation algorithms originally designed to eliminate the achievement gap between ‘rich kids and poor kids’. Eventually, a new system was devised entitled, ‘value added teacher model’.

The idea of this new system intended to offset the previous way of looking at assessing teachers - where they solely looked at the teacher’s students’ final test scores.

The ‘value added score’ system holds teachers accountable for the difference between students’ final score and what they were expected to achieve/receive.

O’Neil says that this method ‘sounds good’ and seems to ‘make sense’. However, with only 25 (or so) students in one teacher’s classroom, there is not enough data. Additionally, both the expected and actual scores have a lot of uncertainty around each of them. So this final number ‘ends up not much better than a random number’. With that, there is not enough credible data to base important decisions such as terminating a teacher’s job.

One of O’Neil’s main points in today’s discussion is that every algorithm is subjective. Whether it is used to evaluate teachers, hire or fire employees in a financial organization - people should know that they have the right to ask the algorithm explained to them. The 14th Amendment provides them ‘due process’ to ask why they are terminated, not promoted, etc. - other than just alluding to a algorithm result.

What you will learn in this episode:

  • What is ‘weaponized math’?
  • How is the internet building a new kind of ‘class’?
  • What are the 2 definitions of ‘big data’?
  • The potential bias found in the use of algorithms in teacher evaluations, hiring practices, firing

Jaksot(1054)

Ep 63:  Why Culture Is The Greatest Competitive Advantage In Business Today

Ep 63: Why Culture Is The Greatest Competitive Advantage In Business Today

My guest this week for the Future of Work podcast is Hal Halladay, the Chief People Officer at Infusionsoft.  Infusionsoft is a sales and marketing automation company, specifically focused on small businesses.  They have around 700 employees and are headquartered in Chandler, Arizona.  Infusionsoft stands out for having won many awards being a ‘Best Place to Work’ for different topics such as Women and Millennials, and received numerous awards for all around excellence.  As the Chief People Officer,  Hal speaks on why culture is the greatest competitive advantage in business today.  Hal leads a team that helps design many of the things Infusionsoft is implementing to create a great corporate culture. Infusionsoft has intentionally tried to create a culture that engages people to do their best work.  The company was founded on the principle that people come first. At Infusionsoft, Hal leads the people operations team.  This team supports business leaders by providing resources they need. These resources include providing talent, training, as well as processes and systems needed to complete tasks.  This is a different approach as operations is not usually paired with HR.   Combining these departments enables more of these tasks to be provided with a service aspect toward the business leaders in the company, as well as, remove any negative connotations with the title Human Resources.  Infusionsoft made the decision on what their company culture was going to be, they didn’t just let it happen.  Having employees who are doing the work they love, engaged, and inspired, produces better work, which in turn, means happy customers. What you will learn in this episode Why Culture Is So important What is a Dream Manager? Flexible Work and the Freelancer Economy Millennials and Culture What is Native Genius? How Can an Organization Choose Their Corporate Culture? Building a Culture of Care and Connectiveness How to Know Your Company’s Culture is Working Links from the episode Infusionsoft.com (Music by Ronald Jenkees)

14 Joulu 20151h 4min

Ep 62: The Importance of Being Social Inside and Outside of your Company

Ep 62: The Importance of Being Social Inside and Outside of your Company

What this episode is about and why you should care My guest this week for the Future of Work Podcast is Dr. J.R. Reagan, the Global Chief Information Security Officer at Deloitte.  We speak on the importance of being social inside and outside of a company.  While Dr. Regan’s title alludes that he would not advocate for being social outside of a company, this is not the case.  There are advantages to using multiple types of social media that can benefit a company and individual employees.  While there are many traditional ways of completing tasks, working and doing the same tasks just because of tradition is not the most beneficial.  Using internal social tools can assist in modernizing an organization and connecting with the emerging workforce.  At Deloitte, Dr. Regan’s responsibilities are to protect the firm’s information across more than 150 countries, inside and outside of the company, for over 210,000 people.  Dr. Regan reflects on the previous notion that being social at work is taboo, and would cause employees to become unproductive.  Today, social assists in spreading ideas, and flattens our world. Many social platforms have become standard business tools. Dr. Regan highlights how using some of the social media platforms internally can be used as new communication devices in an organization.  Using social media platforms externally, can bring networking opportunities and even help save time when communicating in our personal lives.  Being social is now becoming a natural part of daily lives and embracing it, brings many benefits for our careers and the future of work.   What you will learn in this episode How Can People Be Social Inside a Company How Can People be Social Outside of a Company What It Means To Be Social The Benefits of Being Social The Role of Innovation and Social How to Become Social   Link from the episode https://twitter.com/ideaxplorer (Music by Ronald Jenkees)

7 Joulu 201556min

Ep 61: Why The Gig Economy Is The Future Of Work

Ep 61: Why The Gig Economy Is The Future Of Work

Today’s guest on the Future of Work podcast is Micha Kaufman, the CEO of Fiverr.  Fiverr started as a website where you could get any digital task done for $5.  Now, it is becoming a true freelance marketplace with bundled gigs. Organizations are flocking to the website, as well as, individuals who are looking to hire or become freelancers. With the popularity of websites like Fiverr, Micha and I discuss why the gig economy is the future of work. Micha describes Fiverr as the “Amazon for digital services.”  It is a full digital marketplace with ‘sellers’ who are the freelancers and ‘buyers’ who are mostly small and medium sized businesses.  Right now, 30% of the American workforce is involved in the gig economy.  Trends are showing this number will only increase.  The changing generational workforce is a major factor of the growing gig economy.  Through technology, other types of work in the gig economy, such as driving for Uber, or listing a rental on Airbnb, has brought offline activity to online.  As the old concepts of work are being challenged, the gig and freelance economy is being viewed as a legitimate option to participate in, and build a career.   What you will learn in this episode Trends Shaping the Future of Work How Big is the Gig Economy? The Impact of Robots and Automation Employee and Employer Relationships Millennials and the Gig Economy Longevity of the Gig Economy Success as a Freelancer Links from the episode fiverr.com (Music by Ronald Jenkees)

29 Marras 201558min

Ep 60: Why Self – Developing Organizations And Individualized Learning Is The Future Of Work

Ep 60: Why Self – Developing Organizations And Individualized Learning Is The Future Of Work

What this episode is about and why you should care This week’s episode of the Future of Work Podcast features two very special guests from Skillsoft. Skillsoft is a technology company that produces learning management systems and the content that goes with them.  My two guests are Jerry Nine, the Chief Operating Officer and co-founder of Skillsoft, and John Ambrose, who is the Senior VP of Strategy and Corporate Development.   We speak on self-developing organizations and individualized learning.  Self developing organizations and focus on learning is a huge part of the future of work. Skillsoft was started with the vision to leverage the internet to scale.  Meaning, previously many individualized learning opportunites had taken place through physical methods such as CD-ROM or VHS tapes.   As technology evolved, individualized learning has grown to match.  Starting in soft skills, Skillsoft has created many engaging learning opportunities that can be utilized for all learning styles.  Technology can catapult the way organizations and people preform.  Skillsoft has made it their personal mission to improve the performance of organizations by improving the performance of their employees.  Self-developing organizations are able to make transformations from current internal education and training programs to more compelling and effective for platforms for employees and organizations.   What you will learn in this episode What is a Self-Developing Organization? Broader Shifts on the Changing Workplace Challenge With Current Education Systems Today Evolution of Learning and Development Corporate Culture Employee Accountability in Upskilling Big Data in Learning and Education Links from the episode Skillsoft.com   (Music by Ronald Jenkees)

22 Marras 20151h 3min

EP 59: Why Every Company Should Be A Platform Company

EP 59: Why Every Company Should Be A Platform Company

My guest for this week’s Future of Work podcast is Régis Mulot.  Régis is the Executive Vice President of Human Resources at Staples.  We speak on why every company should be a platform company.  A platform company partners and incorporates technology from multiple corporations, partners, nonprofits, and educational institutions, to name a few.  While this concept is not new, it is growing and evolving.  Instead of only concentrating on what is going on inside a company, the focus is shifted to building networks outside of the organization. These networks assist in building a stronger, more profitable platform company. Staples is a very large organization, and the 4th largest online retailer in the United States. With over 74,000 employees, Staples has many different lines of business that each continue to grow in the ever changing market.  Régis has over 25 years of HR experience, working all over the world.  He has spent a lot of his time working to support integration of the corporations Staples has acquired, in the US and Europe.  Régis shows how the idea of being a platform company can lead to success.   Knowledge sharing, data, and technology, are all collaboration tools that will be very prominent for the success of platform companies and the future of work. What you will learn in this episode What is a Platform Company? What is an Employee? How the Role of Employment Changing Trends in Data and Analytics Outdated HR Practices Talent and Performance Management Freelancer Economy Non-Competition People as an Intangible Asset Links from the episode Staples.com Regis Mulot on LinkedIn (Music by Ronald Jenkees)

15 Marras 20151h 4min

Ep 58: The Future Employee

Ep 58: The Future Employee

The Chief Human Resource Officer of the AARP, John Sigmon, joins me today on the Future of Work Podcast.  We talk about what it means to be an employee in the future of work. We discuss the very definition of what being an employee is, and how it is changing.  John describes with personal detail, how an employee would view their career path when it comes to working for a company.  The role of the employee is changing. Organizations need to think differently about the expectation of employees to settle at one company for a long amount of time.  Most positions are changing into more dynamic and flexible roles.  Many distinctions of employee types are becoming less defined as organizations are looking to the future, and changing as fast as the world around them. At AARP, one of their goals is to change the dialog regarding what it means to get older.  In the HR department, John needs to ask if his department is changing as fast as the rest of AARP and other organizations.    His own recruitment to AARP is a great example of how the role of the employee is changing in relation to the organization.  When he joined AARP, he was brought on as an HR business partner.  He was able to work on projects that allowed him to contribute to the success of the organization, thus increasing his own market value. He accomplished this by receiving more jobs that increased his capabilities.  His own story illustrates how his relationship with the AARP has formed into an alliance.  John speaks to how this model fits in with the future of work and pushes the innovation of the AARP.    What you will learn in this episode How the Concept and Role of the Employee Has Changed Millennials vs Older Workers How to form an Alliance with your Employees Treating Your Employees like Family Members Turning Around a Corporate Culture The Shift from Transaction to Employee Relationship Forecasting the Future Employee Links from the episode AARP.org John Sigmon on LinkedIn (Music by Ronald Jenkees)

8 Marras 20151h 1min

Ep. 57: The Talent Driven Economy

Ep. 57: The Talent Driven Economy

This week on The Future of Work Podcast, my guest is Tara Sinclair. Tara is an Associate Professor of Economics and International Affairs at The George Washington University and Chief Economist at Indeed.com.  Together, we look at the talent driven economy, which is the talent pool that is increasing and what that means for the future of work.  The talent driven economy effects everyone, whether you have a job, or are looking for one.  Tara shares her insights on what job seekers desire, and what opportunities and fields we are seeing growth in for available jobs.  At George Washington University, Tara teaches courses in everything Econometrics to Macroeconomics, she also runs their research department that works on developing new forecasting models. Tara’s interest in forecasting for labor market applications lead her to Indeed.   She is able to provide a picture of the current labor market, and how it effects the employers who are looking for applicants. Tara is also able to identify positive trends for the job seeker.   Her fascinating field of study gives us a link between today’s job market and the future of work.   What you will learn in this episode Trends That Are Causing the Fierce War for Talent The Skills Gap The Freelancer Economy Small Vs Large Companies Lower Skilled Workers Labor Market Forecasting Robots and Automation The Silver Workforce and Career Changers   Links from the episode Indeed.com Blog.Indeed.com (Music by Ronald Jenkees)

1 Marras 20151h 3min

Ep 56: The Happiness Industry

Ep 56: The Happiness Industry

This week’s guest on the Future of Work Podcast is William Davies.  William Davies is the author of a book called The Happiness Industry: How the Government and Big Business Sold Us Well-Being.  He is also the Senior Lecturer at Goldsmiths, University of London. This is a very interesting topic, as engagement, health, happiness, and wellness are all topics that many companies are discussing and investing millions of dollars in. In William Davies’ book, he argues that we should be cautious when putting all of our investments in happiness and engagement.  His point of view will make you question if we are a bit carried away with this movement and focus on happiness.  William Davies works on combining the history of ideas and a critical sociology of political and economic institutions. He is very interested in the way our economy is governed, and is shaped by theories of markets, individuals, and in the case of his book, theories of the mind. The ideas and methodologies used by experts, are used to correlate how we think and how it effects the economy, also how we run our organizations.  His book is a critique of the way our vision of happiness is becoming more and more powerful in how we transform the workplace and govern our private lives.  What you will learn in this episode: What is Happiness? How is it Measured? What is the Different Between Engagement and Happiness? Commoditization of Happiness What Impact Happiness Should Have on How We Work? How is Happiness Measured? Paradox of happiness The Rise of Stress in the Workplace Effects of Manipulation in the Workplace   (Music by Ronald Jenkees)

25 Loka 20151h 13min

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