The importance of data literacy across the organization

The importance of data literacy across the organization

Companies are collecting more data than ever before in hopes of unveiling sophisticated insights about their customers, but there is one problem that stands in the way of those insights. That problem is a lack of data literacy. Most of your team likely struggles with interpreting and making sense of the data, nevermind being able to craft impactful stories. A lack of data literacy across the organization limits discussion and debate, making it impossible to produce factual, data-based decisions. Data can be a powerful tool, but (as with any language) only if everyone in the organization is able to speak it. Employees, leadership, and executives need a common understanding when talking about data. In the same way a single Spanish-speaking person leading a meeting doesn’t allow for other language speakers to participate, having only one or two people who understand data leaves out the ideas, questions, and solutions the rest of the team might contribute.Data skills are now essential for almost every...
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Pros and Cons of Microsoft Power BI – An analyst’s perspective

Pros and Cons of Microsoft Power BI – An analyst’s perspective

Over the past year, our organization has used Power BI to build several self-serve analytics dashboards for our clients. For those of you who may be unfamiliar, Power BI is a business analytics software for developing interactive reports and sharing them with users in the organization who are looking for data-driven insights. Microsoft dubs Power BI as a tool that allows you to “Enable everyone at every level of your organization to make confident decisions using up-to-the-minute analytics.” Released to the public in July of 2015, Power BI is a relative newcomer to the business analytics toolkit and is Microsoft’s answer to other popular visualization software tools, such as Tableau and MicroStrategy.  Creating Power BI dashboards for numerous clients has provided valuable learning opportunities and the chance to assess the software’s strengths and weaknesses. As Kelsey Hightower, principal engineer for Google Cloud, wrote, “You haven’t mastered a tool until you understand when it should not be used.” Now that I understand...
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