Advancing Data Literacy
Data is everywhere, but if workers can’t read, work with and communicate that data, it creates little benefit. How are executives fostering these skills throughout the organization to improve data literacy?
One minute insights:
- Most have conducted a data literacy assessment
- Data literacy skills are a requirement for roles outside of the D&A team
- Data literacy in leadership is a major focus for most respondents
- Many have seen improved data literacy through third-party training providers
- Data literacy improves process efficiency, data sharing and ROI for D&A investments
Most have conducted data literacy assessments and consider the common understanding of data literacy at their organization sufficient
Our assessments are conducted regularly with sufficient results.
Most data literacy skill requirements extend beyond the D&A team into leadership, and some apply to all roles in the organization
90% of respondents have determined what level of data literacy is required for some or all roles.
For the most part, the ability to read, work with, analyze and communicate data still falls within requirements for D&A teams and leadership roles. However, more than a quarter of respondents require everyone at their organization to be able to read (29%) and communicate (26%) data.
We need to promote more Data Literacy across the entire organization.
It's a key skill for most people in the business, certainly all leaders and anyone who is involved in decision making or influencing/informing decision making.
literacy, they have also taken steps to encourage data While almost all have faced barriers to improving data literacy through education and data-literate leadership
Most executives have faced barriers to better data literacy at their organization. The most common barriers include lack of ownership over data literacy initiatives (69%), poor results from data literacy training efforts (52%) and poor analytics tools (38%).
To encourage data literacy, most executives have created opportunities for data learning (71%) and identified ownership for data literacy initiatives (60%). Only 14% have created metrics to evaluate data literacy progress.
It’s a journey and takes time to establish a common objective to understand, share and leverage data. Executive sponsorship is absolutely key to this and leadership across the company must support and align to this initiative.
There are way too many tools right now in the industry which is also confusing the solutions we implement.
Most have used third-party data literacy training pro- viders with positive results
One of the core issues with the culture of data literacy is making the application of what is learned acceptable without fear. It is difficult, even with strong supporting analytics, to do unpopular things.
Almost all have experienced benefits and are satisfied with the overall state of data literacy at their organization
75% of executives are satisfied with data literacy at their organization and only 12% are dissatisfied.
Data literacy efforts are more effective when data quality and governance is also in place.
We consolidated resources and moved the team into the same platforms and it greatly improved data literacy and team coordination.
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