No predictions for 2023. Just some advice on how to keep your job

[jrineakter]

No predictions for 2023. Just some advice on how to keep your job.
New Year’s tradition holds that ending one year in the data industry requires that you create an accompanying list of predictions for the next.

But I’ve never been one for tradition.

So instead of telling you that “machine learning will drive industry-wide improvements to data governance efforts in 2023,” or “DataOps strategies will be broadly implemented as enterprise businesses continue to recognize the value of their data,” I’m going to offer some advice:

Show me the money.

That’s it. That’s all.

In 2023, sh*t’s going to get real. And if you want france whatsapp number data to keep your job in data governance or data analytics amid this wave of layoffs, you need to explain — no, you need to show — how your data and your work, your projects, your role is aligned with the top-level strategic and organizational goals of the company that will make or save money.

Data is the key to thriving during the looming recession

Almost everyone’s expecting some kind of recession in 2023, and the wave of layoffs we’re seeing in the tech industry is probably a leading indicator that a downturn is on the way.

Fortunately, not all companies fare poorly during a recession. In fact, during the Great Recession of 2007-2009, the top 10% of companies didn’t merely survive, “...their earnings climbed steadily throughout the downturn and continued to rise afterward.”

Consider two well-known, successful companies founded during the Great Recession: Airbnb and Uber, founded in 2008 and 2009, respectively. What do they have in common? They’re both data-intensive and data-driven — in fact, Airbnb’s fifth employee was a data scientist.

But not content to be merely founded during the Great Recession, Airbnb also weathered the pandemic-related downturn of 2020. And again, they did it by focusing on data-driven business decisions.

These decisions were so successful that Founder and CEO Brian Chesky not only recovered from an 80% fall in revenue during the first eight weeks of the pandemic, he eventually led his company to an IPO of $100 billion, the biggest IPO of 2020. (data.world’s own CEO and Co-founder Brett Hurt shared his thoughts on this incredible turnaround in his recent op-ed in the International Business Times.)

The takeaway? Data and data-driven decision-making is more crucial than ever during rocky economic times. And that means data-focused employees are crucial, too.

But it’s up to you to prove it.