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Wednesday, January 06, 2021

Why more employees need data literacy skills | Evaluate - TechTarget

Maria Korolov, Technology Journalist at TechTarget writes, Encouraging employees to learn data literacy skills can benefit any enterprise. Read on for some of the benefits and resources to take advantage of in building those skills.

Why more employees need data literacy skills
Photo: TechTarget

Research shows that data-driven organizations are more successful, but employees often lack needed data literacy skills.

According to a 2020 survey by Sapio Research, 80% of decision-makers believed opening up access to data has a positive impact on their organizations and 74% said employees have access to the data they need. But 53% of respondents reported employee resistance to using the data.

Meanwhile, research has consistently shown that data-driven companies are more successful. A 2019 survey by McKinsey & Company, a management consulting firm, showed that companies where employees consistently use data in decision-making are one-and-a-half times more likely to report revenue growth of more than 10% in the past three years.

The difference comes down to data literacy...

What is data literacy?

Data literacy is the ability to write and comprehend data similar to how we view literacy with reading. This can include an understanding of where data comes from, communicating information derived from data to others and knowing where to use different analytical tools and methods.

Read more... 

Source: TechTarget