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We entered a golden era of data. In every industry, companies are amassing more data than ever. Companies can figure out how to better solve customer needs, improve their services and operations, and make better decisions about the talent they hire. Data analytics solutions are now available to every company through cloud-based systems at a modest cost.
However, according to the International Data Corporation (IDC), 50% of organisations still lack the data literacy and AI skills necessary to achieve business value. In order for data to create business value, it must first be analysed to get actionable insights. Why are data management and data literacy so important? And how does data literacy relate to the strategic decision-making of C-level executives and managers?
Content:
- What is data literacy?
- Why does data literacy matter for everyone in your business?
- How to make your firm data literate?
