Ignite Data Literacy program in your organisation.
According to Gartner by 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.
As organizations become more data-driven, poor data literacy will become an inhibitor to growth. According to Gartner Annual Chief Data Officer Survey, 2019 poor data literacy is ranked as the second-biggest internal roadblock to the success of becoming data-driven.
At the same time, McKinsey Global Institute indicates that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain those customers, and 19 times as likely to be profitable as a result. It is no wonder that leading companies are focusing now on data literacy.
This 3-4 months long kickstart package includes 4 phases:
- Start by identifying the fluent and native data speakers. They carry the data literacy torch for you and act as change agents.
- Second, look for areas where communication barriers mean that data isn’t being utilized to its full business potential.
- Third, try a data literacy proof-of-concept workshop in an area where language gaps exist. Have participants describe real-life common use cases as well as a use case specific to the organization.
- Finally, ensure that teams are speaking data in all meetings when discussing business outcomes and in other business situations - lead by example.
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