Importance Of Data Literacy - Deepstash
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Upskilling: Preparing For The Future

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Importance Of Data Literacy

Poor data literacy is ranked as the second-biggest internal roadblock to the success of the office of the chief data officer. By 2020, 80% of organizations will commence development in the field of data literacy to overcome extreme deficiencies, 50% of organizations will lack sufficient AI, data science and data literacy skills to achieve business value.

As organizations become more data-driven , poor data literacy will become a deterrent to growth.

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Training Does Not Include Use Cases

Training Does Not Include Use Cases

Another common mistake which organizations make is to equate training with data literacy, it is not an easy skill to learn if it doesn’t include use cases and it is likely to be forgotten after some weekends. Mentoring employees while they apply their learning on use cases will help them build ef...

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Step 4: Culture Discovery

Learning is a habit and habits build culture. Organizations who have successfully implemented data literacy programs have a culture of learning and growth. Data literacy is not meant for the workforce to perform better in their projects, but it is to build habit of critically analyze data to make...

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Data Literacy Training Is Made Up Of MOOCs

Data Literacy Training Is Made Up Of MOOCs

MOOC (massive open online courses) platforms offer numerous knowledge tracks and there is nothing wrong in adopting them. However, data literacy is best learned when you have data, an exploration tool, and a simple problem statement to chase. Instead of just reading the scripts, you will see the ...

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Step 5: Prescriptive Learning

The prescriptive learning is designed based on the different levels of data literacy; this roadmap helps in ensuring that no learner feels lost trying to absorb the concept or is bored by wasting time. The success of the program largely depends on devoted learning time in daily schedules incorpor...

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The Conclusion

Data literacy is a requirement for making effective insight driven decisions, with short term investment in the program, data tools the organization can democratize data. Successful data literacy programs can play a significant role in creating long term business growth when coupled with right ex...

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Getting Insights From Data

Getting Insights From Data

Organizations are sitting on torrents of data; they just need right acumen to extract insights and be data-driven.

Most business leaders still rely on their experiences and gut feeling when making business decisions , a report by forester surveys shows that 48% of decisions today are comple...

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Step 3: Workforce Assessment

Step 3: Workforce Assessment

A simple assessment will reflect the level of understanding of the workforce.

  • Data Learner — He has heard about data and is willing to grow in the field, but lacks subject knowledge
  • Data Apprentice — Comes with a basic level of expertise in dat...

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Strategizing Data Literacy

Start by identifying the data speakers within the organization’s i.e., Business analyst, data scientist or architecture who can speak with data as they serve as a good mediator in incorporating data driven culture within the organization. Organizations can also identify the gaps where data isn’t ...

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Step 6: Impact measurement

The data literacy program should have a preset success criteria that can be visited in due course of time to get a glimpse of the program on the ground and if needed, calibrate the program strategy. The metrics can be sign up, active users, program completion, and very importantly rewards & recog...

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Incorporating Data Literacy Program Step 1: Planning and Vision

Incorporating Data Literacy Program Step 1: Planning and Vision

For most of the enterprises, the data literacy program starts with a discussion drive between the data officer, competency managers, and the people leaders. The discussion should cover three critical aspects i.e., the participants, duration & budget, and the time needed to complete the program.

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JENNIFER BELISSENT

The dangers of waiting too long are that someone else will do it first, and better

JENNIFER BELISSENT

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Data Literacy

Data Literacy

The organization who understands their customer well can serve them better and who understands the process can improve them. Data and analytics can help but only when well understood across the entire organization and used effectively.

Data literacy is the ability to read, write and...

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Challenges With Data literacy training programs:

Challenges With Data literacy training programs:

The growth of organizations solely depends on how the leaders responsible for incorporating data literacy in organization think about the data literacy program, data literacy is not equivalent to data training and it’s all about how effectively they plan the programs within organizations.

T...

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What Organizations Can Ask Themselves

● How many people aligned with your business do you think can interpret straightforward statistical estimations such as correlations or averages?

● How many managers can construct an optimal business case based on available data and relevant numbers?

● How many managers can access the...

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Step 2: Communication

Step 2: Communication

Data Literacy is a workplace transformation program, not a technical training. Therefore, keep a note to communicate and communicate more.

i. Communicate the program objectives

ii. Communicate the benefit on personal & professional growth and productivity

i...

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Making Sense Of Data

Making Sense Of Data

The ability of understanding and communicating with data language is a core skill required today. The art of successfully driving value from data and analytics is a core competency for making an organization stand out and leaving the competitors behind.

Data literacy is an underlying compon...

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miles_n

It`s more important to know where you`re going than to get there quickly.

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Data Literacy And Empathy

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Belinda Parmar, Chief Executive Officer of The Empathy Business, believes companies will seek leaders who are able to help them rebuild the empathy we’ve lost with technical, linguistic and mathematical skills, and can understand the information that will continue to emerge. This wil...

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