Master the language of data and make it available to your business team

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Knowing and mastering the language of data generates competitive advantages for your business. With data literacy, you can create work teams with great knowledge for making smart decisions.

What does it mean to master the language of data and how does it impact business?
Every company, regardless of size or market, now manages an incredible amount of data.

The digital acceleration that the world is experiencing, together with the rapid emergence of more and more tools, platforms and software that produce more data, has become a challenge for many organizations.

Collecting data is not the same as understanding it, and this leaves us with a serious lack of skills when it comes to managing, mastering and using it to make smart decisions.

Low data literacy is holding back progress for australia phone number lead many teams and paralysing digital transformation initiatives across the enterprise.

Now, what is data language and why is it necessary to delve into this idea?

When we talk about this concept, we are referring to the ability to know how to read data ; that is, to work with it, analyze it, represent it visually and discuss it with data.

To achieve this, literacy or Data Literacy is essential.

How to boost data literacy
According to IDC, the amount of data worldwide will increase tenfold by 2025.

As a result of this huge increase, companies that master the language of data through employee literacy will improve their competitive advantage in the context of an aggressive global economy.

Data literacy is a strategy that transforms businesses and generates employee loyalty and retention because they will always be trained and will know exactly what role they should take on in the company.

According to data from Qlik, large companies that prioritize a philosophy based on data literacy achieved a significant increase in their corporate value, reaching up to 5%.

However, despite the benefits of literacy, many companies still struggle to promote it among their teams.

In fact, the latest study carried out by this technology reference revealed that the crisis regarding data literacy in companies does not tend to disappear because the gap between expectations and reality continues to increase.

Research reveals the pressure on businesses and employees as the shift to a data-driven and automated workplace takes place.

To meet this challenge, it is necessary to focus on training so that all members of the company can master the language of data and effectively add value to the organization.

7 key principles to master the language of data
Fostering a culture of curiosity
We must go beyond data, developing non-technical skills such as curiosity, critical thinking, creativity and collaboration to obtain different perspectives and work optimally with information.

Encourage putting training into practice
Employees must instinctively analyze and question data to generate in-the-moment insights, make smarter decisions, and act on them.

Include all collaborators in the process Workers want greater data literacy and knowledge. Everyone from the CEO to the intern should feel empowered.