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Description

Make better business decisions with data and AI—subscribe to The Decision Intelligence Lab Newsletter at ⁠https://decisionintelligencelab.substack.com/⁠.

In this episode of the Decision Intelligence Lab Podcast, Vijay Mehrotra and Michael Watson sit down with Evan Shellshear, Principal at BCGX (BCG’s technology innovation arm) and co-author of Why Data Science Projects Fail.

Evan shares lessons from working on large-scale AI and optimization projects across industries like mining, supply chains, and retail, including a fascinating case study with Rio Tinto’s massive autonomous mining operation in Western Australia.

The conversation dives into why most AI and data science projects fail, the critical role of organizational change, and how companies can move beyond “pilot purgatory” to deliver real business value from AI.

Evan also explains BCG’s 70-20-10 rule for AI transformations, why executives should focus on value before technology, and how successful organizations redesign their operating models to fully leverage AI.

If you work in data science, AI, operations research, or digital transformation, this episode offers practical insights from real-world deployments at a global scale.

Chapters

0:00 - Preview & Introduction

0:48 - Meet Evan and BCGX's Overview

3:09 - The Scale of Rio Tinto’s Mining Operations

5:15 - Tackling Large-Scale Scheduling Problems

7:04 - The 70-20-10 Rule of AI Projects

11:30 - Combining Technical and Consulting Teams

14:28 - Proving Business Value Before Building Tools

17:36 - Escaping AI Pilot Purgatory

20:40 - Deploy, Reshape, and Invent Framework

22:45 - Balancing Speed and Transformation

25:35 - Maintaining AI Systems Long Term

28:48 - The Problem with Cheap Consulting

31:41 - Building Better Algorithms When Value Is Clear

33:44 - Retail Pricing Optimization Case Study

38:38 - Book Recommendations and Closing Thoughts

Follow the show

Apple: ⁠https://podcasts.apple.com/in/podcast/the-decision-intelligence-lab/id1811085064⁠

Spotify: ⁠https://open.spotify.com/show/0lFoAVKqJHTYSZNpeN61ou?si=0ae973aab0174b3b⁠

Connect with the guest

Evan Shellshear: ⁠https://www.linkedin.com/in/eshellshear/

Connect with hosts

Prof. Vijay Mehrotra (University of San Francisco): ⁠https://www.linkedin.com/in/vijay-mehrotra-ba9498/⁠

Prof. Michael Watson (Northwestern University): ⁠https://www.linkedin.com/in/michael-watson-07600a1⁠

About the podcast

The Decision Intelligence Lab podcast delivers real-world insights for data professionals, business leaders, and anyone seeking to leverage data & AI for smarter decision-making & successful business outcomes.

For business inquiries, email at ⁠decisionintelligencepodcast@gmail.com⁠