Data literacy is a hot topic with today’s data leaders, and many have put budget aside for data literacy training this year, for a good reason. Data Literacy is about improving an organisation’s or individual’s ability to make decisions using data. And although data literacy training goes some way to support this, it is by no means the silver bullet on its own.
A true, all-encompassing data literacy plan needs to be considered alongside a broader set of changes which also includes strong leadership, adapting cultural norms, communication and data availability. You can have a perfectly crafted data strategy and training plan, but without ensuring data literacy is embedded in the fabric of your organisational culture, it is like boarding a perfectly built ‘data’ ship destined to sink!
Making an organisation truly data literate requires planning, time and effort. It’s a worthwhile effort as in our experience, organisations that invest in increasing their data literacy are able to deliver sustainable improvements in the impact their data can deliver.
However, without a clear vision for data use and culture at the top of the business that uses data consistently to guide its decision-making, it is going to be difficult to embed this throughout the organisation and risks not only the investment in data literacy training but in the wider investment and improvements in your data strategy.
All too often, organisations dive in with technical training without the direction, leadership support and toolsets in place that will allow the learnings from the training to be put to positive use. Low attendance rates for data literacy courses in organisations are often common; we have seen examples of circa 15% uptake rates on well-intended training programmes. This has mainly been because they are not supported by a wider programme of change that includes scene setting, communication, assets, and post-training action plans, so there are lessons to be learned here.
So, if you are considering an investment or have a budget line signed off to improve data literacy at your organisation then it’s worth thinking about the following:
Improving data literacy is imperative for organisations looking to get the most from their data. But without a holistic approach, you risk investing in skills that don’t maximised or worse, your ‘unsinkable’ data strategy not quite going to plan!
Want to hear more about Data Literacy? Listen to Hub & Spoken Podcasts:
• Why Data Literacy Should be Viewed as a Sliding Scale with Jason Foster
• Empower your Organisation with Insights by Improving Data Literacy with Helen Blaikie
Jason Foster, Cynozure Founder & CEO, named Entrepreneur of the Year at The Allica Bank Great British Entrepreneur Awards for the Services Industries in London
Cynozure named as the 14th fastest growing company on London’s 2023 Fast Growth 50 Index
Jason Foster, Cynozure’s Founder & CEO, recognised as One to Watch in The LDC Top 50 Most Ambitious Business Leaders for 2023