A combination of culture change, job restructuring, hiring, reskilling, and incorporating contract workers will deliver the team needed for a successful AI talent ecosystem. Assembling teams to succeed requires companies to reexamine everything:
However, given the talent shortage—especially among data scientists and other stem professionals—team building is a complex undertaking. For four consecutive years, online employment resource Glassdoor has ranked data scientist the No. 1 us job because it is so highly sought-after. The US Bureau of Labor Statistics reports that the demand for AI skills will drive a 27.9% rise in employment through 2026. What’s needed is a thoughtful approach to building not only the best AI teams, but also the structures they need to work within to be successful.
Today every job requires an orientation toward technology. When asked about Amazon’s $700 million reskilling investment for employees, Beth Galetti, Senior Vice President of Worldwide HR acknowledged that the most consistent thing the company sees changing is the need for some level of technical skills in any job. With basic tech-savviness, employees have not only the fundamental skills they need in a quickly evolving and competitive environment, but also the mindset required to support a flourishing data and analytics culture.
In addition to being tech-savvy, AI teams must possess an understanding of the organization’s business because they will be tightly integrated within the business units. The best data scientists aren’t just technically minded; they understand the organization’s business challenges and can assist in problem-solving. It’s no longer enough to know python and cloud technologies; AI teams must also be business-savvy.
These days, finding the right mix of technology skills for AI teams is challenging. Most companies are looking for individuals with a four-year degree in math, data science, statistics, or computer science to qualify for an entry-level AI position. Master’s and doctorate degrees in computer or cognitive science are becoming increasingly common as well as desired by the companies who are hiring them.
In addition to educational degrees, among the skills and knowledge those working with AI must have are:
Acquiring such skills doesn’t happen overnight. It takes years of training. In a rapidly evolving field, it’s no wonder that the time needed to acquire such skills contributes to the talent shortage.
The high demand for talent means more hiring challenges
Computer occupations are projected to grow 11.5% from now until 2029. That’s about three times as fast as the average occupational growth. The mathematical science work-related sub-group is projected to grow the fastest among all STEM professional groups. However, these occupations, which include data scientists, mathematicians, and statisticians, are a relatively small portion of the total, representing only 2% of all STEM jobs in 2019. The employment growth for this group, however, is estimated at 26.5% from 2019—2029.
When it comes to data scientists, there was a 250,000-person shortage in 2020, indicating high demand but low supply. And the average data scientist turnover is just two short years, with salaries on the rise.
AI teams must also become more diversified, as they don’t currently reflect the diversity of the global population, causing companies to experience bias within their data. The best way to mitigate it is to build a team with diverse perspectives, including those of women and people with varied ethnicities and backgrounds. So far, few women and minorities have been part of AI and data teams. Hiring and mentoring them should be a top agenda item for companies.
Because the talent shortage is so intense, data science teams are going to come from several sources. There just isn’t enough top AI talent to hire. Advanced AI teams will need to be a mix of new hires, current employees, business and technical experts, contract workers, and those from diverse backgrounds.
Companies will benefit if they can identify the right capabilities with which to build AI teams versus just the skills around certain technologies or degrees. For example, instead of specific Python experience, start identifying people with solid problem-solving skills and the ability to write code and learn new things quickly.
It’s not only about who but also how AI teams work within an organization that will matter. Advanced AI teams are going to have to be thoughtfully structured, so that the work is attractive and top performers have incentives to stay.
Putting the best data scientists in the right jobs is critical, and structuring the team is like putting together pieces of a puzzle. When it comes to AI, there is no one-size-fits all because every company operates differently and has different use cases and demands. However, AI teams are generally organized according to one of the following structures:
Companies should examine what might work best for them. However, regardless of the structure, data science teams should resemble a pod with a variety of skills and experience, such as technical product management, product management, and data-specific AI expertise with an in-depth knowledge of the industry and the business unit. Teams must also be evaluated regularly as roles are continually evolving.
Hiring to train.
For new hires, backgrounds in math, statistics, and hard science are helpful, but so is experience in business. STEM applicants can take the business fundamentals they’ve learned and apply them to new technology. Applicants with business backgrounds can be trained in the technology.
Reskilling and upskilling existing workers.
The first step is to identify workers who may want to take on a new challenge and focus on their capabilities instead of their existing skills. Training programs from internal and external sources can build on the skills they have. Organizations may want to encourage additional degrees and subsidize them.
Retention: If projects aren’t interesting, it could be a major obstacle.
There are several options organizations can employ to incent team members to stay. These include:
When structuring AI teams, it’s important to consider short-term and long-term options. Short-term solutions may include shared or managed services from an external partner that has AI teams already in place.
In addition, companies considering a merger or acquisition should keep in mind that AI talent can be absorbed in the process and companies should work toward onboarding them.
The bottom line: Upskilling is not easy. It’s important to have employees in place who are already experienced in designing programs to help team members achieve their goals in a timely manner. Advanced AI teams need strong leaders whether you source them internally or externally to run an AI effort.
For the longer term, organizations need to think about broader talent development for advanced AI teams. This initiative should include nurturing women trailblazers within the organization to serve as AI role models.
Despite the shortage of skilled AI talent, there are several ways to build, train and retain effective teams that will do their best work with machines. These teams can be most powerful when they can bring human and technological capabilities together to rearchitect work and deliver new value to all stakeholders. Given the right environment, skilled AI teams can unlock an organization’s potential to achieve greater results than either humans or machines could achieve alone.