Organizations that truly capitalize on self-service BI and analytics to achieve competitive advantage understand a simple truth—data literacy trumps technology. Without data literacy, self-service BI initiatives fail. Data literacy empowers organizations to use self-service BI to separate the signal from the noise, craft business insights, and optimize decisions.
A data literacy foundation is essential for your self-service program to meet its full potential. This talk is a brief introduction to those aspects of data literacy that will enable your organization to quickly deliver demonstrable business value from self-service BI assets.
For business organizations, foundational data literacy provides:
- Alignment for business objectives across all levels of the organization
- The ability to rigorously ascertain if business objectives are being met
- The skills to investigate and improve business processes to meet objectives
For IT organizations, foundational data literacy provides:
- A prioritized list of features/capabilities of the self-service BI platform
- An understanding of which curated data sets offer disproportionate business value
- A common vocabulary for collaborating with business stakeholders
Developing organization-wide data literacy is a tiered, incremental process that starts with the right foundation.