g-f(2)458 THE BIG PICTURE OF THE DIGITAL AGE (8/30/2021), HBR, How Data Literate Is Your Company?

ULTRA-condensed knowledge

"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, Data Literate (8/30/2021)  g-f(2)426

Opportunity, Building data literacy, HBR

• By investing in data literacy across the enterprise, businesses can bring more divergent and creative perspectives to bear on both mitigating the risk of algorithmic bias — and identifying other efficiencies and opportunities that data can often reveal.
• Data literacy is about much more than machine learning and data science. And it’s about more than AI. Data literacy is simply about humans coping better in a data-infused world.

Lesson learned, A look at the data tells us that most companies are still struggling to build data literacy, HBR

• Ninety percent of business leaders cite data literacy as key to company success, but only 25% of workers feel confident in their data skills.

Lesson learned, Specific practices implemented to make data literacy a reality, HBR

• Make data literacy an organization-wide priority, not just among people within the technology org. Data literacy is not a technical skill. It is a professional skill.
• Develop an internal common language for speaking about data, how it intersects with your business and industry, and how it is changing specific roles at your company. The world of data is big, filled with buzzwords and misunderstanding.
• Create spaces within your organization for workers to connect business concepts and data concepts. Empower employees to generate new business ideas that apply their data literacy. 
• Create incentive structures to reward data-driven decision making. Take your current process for approving ideas or setting budgets. Then add mechanisms that reward data-driven thinking.
• Deploy L&D programs that teach data literacy in the context of your business problems — and that actually engage your employees. Not everyone needs to know how to code. But soon everyone will need data literacy. 

Genioux knowledge fact condensed as an image

Condensed knowledge

• CONTEXT: The Golden Knowledge Path ("GKPath") digital highway
• Opportunity, Discovering and exploiting the treasure of the digital age
  • "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) digital highway to discovering and exploiting the treasure of the digital age, accelerating everyone's success in the digital age. g-f(2)254, g-f(2)260, g-f(2)261, g-f(2)251, g-f(2)312, g-f(2)256, g-f(2)257, g-f(2)272, g-f(2)271, g-f(2)270, g-f(2)268, g-f(2)269, g-f(2)289, g-f(2)283, g-f(2)287, g-f(2)313, g-f(2)293, g-f(2)294, g-f(2)296, g-f(2)298  
  • The inverted mini pyramid of knowledge, g-f(256), is essential to travel on the "GKPath" highway.
  • g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
• Key "genioux facts" to travel on the "GKPath" highway.
• g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
• g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
• g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
• g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed ​​on GKPath.

Opportunity, Data literacy is a skill that everyone has to have now, HBR

• 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.

Some relevant characteristics of this "genioux fact"

• Category 2: The Big Picture of the Digital Age
• [genioux fact deduced or extracted from HBR]
• This is a “genioux fact fast solution.”
• Tag Opportunities those travelling at high speed on GKPath
• Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
• Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts.

• Authors of the genioux fact
• Fernando Machuca

References

How Data Literate Is Your Company?, Rasheed Sabar, August 27, 2021, Harvard Business Review, HBR. 

ABOUT THE AUTHORS

Rasheed Sabar

Rasheed Sabar is co-founder and co-CEO of Correlation One, a technology company focused on data-skills training for enterprises. The company is building a more inclusive data ecosystem, including programs to bring more women and underrepresented groups into data jobs.

Key “genioux facts”

• Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
  Opportunities those travelling at high speed on GKPath
  • Opportunities updates (8/30/2021) for those traveling at high speed on GKPath!
  • Tag Alerts those traveling at high speed on GKPath
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• A list of relevant "genioux facts" that describe a "Classical CONTEXT" of the Digital Age
1. g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
2. g-f(2)50 The Big Picture of the Digital Age: Mines of Golden Knowledge Growing Every Day
3. g-f(2)74 THE BIG PICTURE OF THE DIGITAL AGE: Rapid change, incertitude and disruption, in a hypercompetitive environment
4. g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
5. g-f(2)51 The Big Picture of the Digital Age: The Value of Golden Knowledge is Relative
6. g-f(2)99 THE BIG PICTURE OF THE DIGITAL AGE, The “genioux facts”: Essential knowledge to unleash your limitless growth.
7. g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
8. g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
9. g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
10. g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
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