How Data Literate Is Your Company?

As companies rely more and more on data, and it creeps into more parts of business, data literacy is a skill that everyone has to have now. But, evidence suggests that most companies are still struggling to build this skill, even after they’ve identified it as critically important: just a quarter of employees report feeling confident in their data skills. Here are five strategies to help companies expand their data literacy: 1) Make it an organization-wide priority, 2) develop a common language for speaking about data and talk about how it connects to your business, 3) create spaces where you connect business concepts and data concepts, 4) incentivize data-driven decision making, and 5) teach data literacy in the context of your specific business — and use tools and programs that actually engage your employees.