Why is data literacy so important for your company?

Data literacy is the ability to read, understand, analyze, and communicate data. It empowers all workers at all levels to ask relevant questions about data and build knowledge, make informed decisions, and communicate their meaning.

Data-driven organizations will increasingly produce data-literate workers who contribute more to their roles and aid businesses in sharpening their competitive edge in an aggressive global market.

It is a strategy that will transform your business and create loyalty by building trust with a workforce that is energized, empowered, and motivated by your investment in their professional development.

Easy to create data. It is easy to create data. However, it can be difficult to ensure that it is useful, actionable, and reliable. No one has “cracked the data” yet. It is a constant journey even for the most successful businesses. Therefore, it is crucial to increase data literacy across your entire team

Data is only useful if you can understand it properly.

Even the worst designer will benefit from learning more about data. This allows them to prove the effectiveness of their work. The ability to understand data can help you conclude the success or failure of a strategy so that you can avoid repeating the same mistakes or recreate the magic created by what you’ve just done.

Data literacy is an important skill. But how do you make data literacy the standard for your entire organization?

 

  1. You should ensure that the owner is clear

At every level of your business, there should be clarity about who is responsible for data. Start talking with people to find out who has the expertise and who should own it. Document it so team members can easily search for answers.

 

  1. Make sure your team is familiar with the tools

Mode analytics lets you personalize all of your visualizations. This makes data easier to understand for your team. This is a great example of how data can be made to work for you instead of having to struggle with tools that present data in a non-intuitive manner. You can also name things in a way that makes sense.

 

  1. Teach

You can host a talk at lunch, or give valuable information in Slack messages. Teaching data literacy at work will bring you great benefits. You should consider making it part of your onboarding process. This will include telling new team members about the data literacy skills they need and how they can get them.

 

  1. Encourage questions about data interpretation

It can improve the validity of your data by allowing for a greater variety of perspectives. Data is imperfect and human. The more people you involve in the interpretation of it, the better.

Data literacy consulting empowers team members and makes cross-functional collaboration more efficient and effective. There are many ways to encourage your team to become better at data literacy. However, the most important thing you can do is ensure that all employees understand the value of data literacy. This could mean allowing everyone to learn for a specific period or rewarding those who have improved their data literacy. It doesn’t matter how your company’s journey to data looks, it’ll be worth it.