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Key Points of the Episode:
Innovation Waves: Data mining, big data, real-world evidence, AI, machine learning.
Hype Management: Handling initial excitement, realistic expectations.
Pressure on Statisticians: Validation of value, skepticism from stakeholders.
Rigor and Honesty: Importance of rigorous assessments, clear assumptions.
Building Trust: Establishing credibility within organizations.
External Pressure: Influence of consultants and external vendors.
Practical Examples: Futility analysis, real-world data usage.
Proactive Approach: Staying ahead of trends, internal and external communication.
Reputation and Networking: Internal trust, external credibility.
Implementation Challenges: Balancing innovation with practical application.
Educational Initiatives: Internal seminars, panel discussions, expert invitations.
Simple Solutions: Focusing on fundamental, proven methods.
If you enjoyed this episode, share it with your friends and colleagues. Your support helps us reach more statisticians and data scientists, keeping us all informed and proactive in our work. Don’t forget to subscribe for more episodes featuring expert advice and industry insights.
By Alexander Schacht and Benjamin Piske, biometricians, statisticians and leaders in the pharma industry4.4
99 ratings
Key Points of the Episode:
Innovation Waves: Data mining, big data, real-world evidence, AI, machine learning.
Hype Management: Handling initial excitement, realistic expectations.
Pressure on Statisticians: Validation of value, skepticism from stakeholders.
Rigor and Honesty: Importance of rigorous assessments, clear assumptions.
Building Trust: Establishing credibility within organizations.
External Pressure: Influence of consultants and external vendors.
Practical Examples: Futility analysis, real-world data usage.
Proactive Approach: Staying ahead of trends, internal and external communication.
Reputation and Networking: Internal trust, external credibility.
Implementation Challenges: Balancing innovation with practical application.
Educational Initiatives: Internal seminars, panel discussions, expert invitations.
Simple Solutions: Focusing on fundamental, proven methods.
If you enjoyed this episode, share it with your friends and colleagues. Your support helps us reach more statisticians and data scientists, keeping us all informed and proactive in our work. Don’t forget to subscribe for more episodes featuring expert advice and industry insights.

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