Key Points of the Episode:
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Innovation Waves: Data mining, big data, real-world evidence, AI, machine learning.
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Hype Management: Handling initial excitement, realistic expectations.
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Pressure on Statisticians: Validation of value, skepticism from stakeholders.
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Rigor and Honesty: Importance of rigorous assessments, clear assumptions.
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Building Trust: Establishing credibility within organizations.
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External Pressure: Influence of consultants and external vendors.
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Practical Examples: Futility analysis, real-world data usage.
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Proactive Approach: Staying ahead of trends, internal and external communication.
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Reputation and Networking: Internal trust, external credibility.
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Implementation Challenges: Balancing innovation with practical application.
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Educational Initiatives: Internal seminars, panel discussions, expert invitations.
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Simple Solutions: Focusing on fundamental, proven methods.
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