Data literacy, the ability to read, work with, analyze, and use information and statistics, gives your organization a real edge, according to a new study. Data-literate companies are more likely to see improvements in productivity and other corporate metrics, partly because of enhanced individual data skills and employees’ ability to make data-drive decisions. When employees at all levels have the right information and are data-literate, they can make better decisions based on insights and experience instead of instincts and gut feelings. Widespread data literacy in an organization requires top-down vision, support, buy-in, and investment. Start by communicating to workers the value of data in decision-making and how they can best use data to improve processes, track activities and trends, and solve problems. Read the full article.
