People still don't think math and data fluency are very important, even though technology and automation have become more common. Every person in an organization now needs these skills, from managers and supervisors to the people who work there. This is because data is becoming the new currency and is used to make decisions, so it's important to have it. To make sense of this data, kids need to learn how to do that, as well. To be able to do so, they need to learn how to read and analyze it.
Eric Garrett think that as the amount of data grows, it is important for every employee to know the concepts and tools that are used in analytics. Today, it is important to be able to use data-driven strategies and have strategic talks that are based on data concepts. This is even more true when it comes to big and complicated datasets, though. Self-service analytics platforms and people analytics are also becoming more popular quickly, which makes them more popular. A lot of businesses want to hire people who know a lot about data.
Math and data fluency aren't required for entry-level jobs, but they are very important for jobs in the digital age. More than 60% of employees think that their current skills will be out of date in three to five years. Another study by Pavestep found that 70% of employees will leave their jobs because there aren't enough chances for them to grow. Besides that, it is thought that the cost of an employee leaving is between 60% and 150% of their salary. Because the job market is becoming more competitive, companies need to make sure that their employees can use data well, and this is why.
Because more and more data is being collected and analytical thinking is becoming more important, businesses need to spend money on training for data fluency. It's important for Chief Learning Officers and people in the company who do L&D to take the lead and teach their managers how to read data and use analytics. A lot of people in the field of learning and development (L&D) are now using data science to help them make decisions about how to manage their employees' skills. In this case, they will use analytics and data science to improve the quality of their work and the way that they work.
This is in addition to the fact that data and math fluency are very important in today's world. These skills can't be stressed enough. While it is important to make sure that future employees have high-level skills, it is also important to make sure that the right managers have the right data and math skills. If you want to be good at something in the future, you need to learn how to do it now. Workers need to be well-trained in all areas, too.
Data literacy is important for the future of business. Eric Garrett suggest that if you want to make better decisions or improve your business, you need to be data-literate. In this day and age, it is very important to be able to look at data. It can be good for both your personal and professional relationships if you have a well-trained workforce. For this reason, a business that is going to be successful needs to have the right people in place to understand and interpret the information that it makes.
Today, the job of HR professionals is becoming more based on data. As more and more people use data in their daily lives, HR workers need to know how to make decisions based on data, so they can make better decisions. To be able to do this, they need to know what data is and how to get and use it. These are important skills for anyone who works with people (HR). Skills that they can use in the future that will help them make better and faster decisions in the future.
Data fluency is important for any job. It will be important to have this skill in all fields in the future, in Eric Garrett opinion It's also important to use data science when it comes to managing your employees. HR managers will not be able to make the right decisions if they don't know how to use the right data. In good news, HR professionals can now learn about and use data-fluent technologies. To put it another way, students must be able to use the most recent technology and figure out what is going on.