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Digital Transformation: Data Literacy is Slowing the Rate of Adoption
Data collection is one thing. Being able to use it intelligently is another. Increasingly businesses are collecting data with the intent on improving their business by using new data tools and techniques. But their plans are often frustrated because their staff is not able to effectively make use of the data.
Jenifer Cartland, research associate professor at Northwestern University’s Feinberg School of Medicine, said that “we really thought that if we just liberated the data, people would be able to use the data in an intelligent way and come away with the kinds of insights they were all clamoring for.”
How can businesses train their people to be able to make better use of data? A study by the MIT Sloan business school found that 90 percent of businesses that the digital skills of their staff need to be updated yearly to continue to work effectively.
Doug Palmer, Deloitte Digital, Principal at Deloitte Consulting, said that “education can no longer be viewed through the traditional lens that implies learning only happens in a formal classroom or training setting. Companies across the board—even those that are showing significant digital progress—should better orchestrate new ways of learning on and off the job that encourage continuous education and allows individuals’ skills to keep pace with the rapid rate of technological change.”
