How to build data literacy in your company  

18 February 2021:

Data literacy — the ability of a company’s employees to understand and work with data to the appropriate degree — can be a stepping stone or a stumbling block when it comes to building a data-driven company.

A recent Gartner survey of chief data officers found that poor data literacy is one of the top three barriers in building strong data and analytics teams, while a data literacy survey by Accenture of more than 9,000 employees in a variety of roles found that only 21% were confident in their data literacy skills.

While there is work to do, data training is worth it. “In a world of more data, the companies with more data-literate people are the ones that are going to win,” said MIT Sloan senior lecturerMiro Kazakoff,who teaches courses on communicating and persuading with data.

“Data literacy has always been a requirement in successful organizations. It's just that data illiteracy is more obvious now — or data illiteracy just causes more damage now than it used to,” Kazakoff said.

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Source: Forbes

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