How to Build an Organizational Culture Grounded in Data Literacy
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How to Build an Organizational Culture Grounded in Data Literacy
In today's workforce, data literacy – reading, working with and communicating with data – is vital to an organization's success. However, there is a large gap between the importance of data literacy within businesses and the necessary infrastructure to support data capabilities and data culture.
According to The Data Literacy Project, 93% of business decision-makers believe that data literacy is relevant and essential to their employees. However, only 34% provide data literacy training, and only 36% are willing to pay a higher salary for data-literate employees. Although companies are now starting to bridge this gap, with 63% of large businesses planning to increase the amount of data-literate employees, smart businesses are now looking at different factors to build an organization and culture grounded in data literacy.
Starting the data literacy transformation
A culture with data literacy at its forefront requires more than simply launching a literacy program. Organizations must transform how employees think, use and communicate with data.
One of the first steps toward this culture change is that employees must understand the importance of data and its use. Employees want to hear the organization's vision, mission and goals for implementing the data. They must be aware of their role within the company and the actions they can take to push the adoption of data. Employees need to be educated in data transformation, its goals, benefits, and their role in making this a reality.
Learn how your company can adapt and transform by developing employee knowledge, skills, mindset and new ways of working: https://www.epam.com/services/consult-and-design/organizational-enablement/talent-enablement