What is Data Literacy?
Data literacy has become vital for almost everyone. It requires an ability to read, work with, analyze, and interact with data. It empowers all levels of employees to ask the right questions of data, build knowledge, make decisions, and share data findings with others.
Why is Data Literacy important for any organization?
Businesses are flooded with increasing volume and variety of data daily. It requires employees to employ to use critical thinking, problem-solving, computational, and analytical thinking while using the data. And as organizations become more data-driven, poor data literacy will become a hindrance. According to a Deloitte survey, 67% of executives are not comfortable accessing or using data resources. It is therefore important to be able to interpret and analyze the data and communicate findings to uncover the secrets for the business in order to create a competitive advantage. It improves efficiency and augments the workforce with an ability to deliver higher value. Data literacy of the team can be boosted by:
- Training the staff on the necessary tools
- Building a data skills academy for skill enhancement
- Creating awareness campaigns about data literacy that educates and inspire others to use the data well.
- Incorporating the data into all-important decision-making aspects of the company.