Leverage Data Effectively
I want my team to adopt a data-driven approach. Instead of relying on instinct, they should make data-driven decisions and be able to create clear visualisations that enhance cross-team alignment.
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Improve decision-making by becoming a data-driven organisation
23.9% of companies report that they have created a data-driven organisation, despite 91.9% of executives citing ongoing investment in data and AI initiatives (NewVantage Partners, 2023, Data and AI Leadership Executive Survey).
There are common obstacles that impact performance. The top 3 challenges we usually see in data teams are:
- Challenges with AI Adoption.
AI adoption presents many challenges for data teams beyond technical issues. Along with infrastructure limitations, teams struggle to find use cases that fit users' AI understanding and know what’s realistically achievable. They also face obstacles like choosing the right vendors, managing costs, addressing security concerns, and ensuring safeguards. With limited talent and lengthy timelines, these challenges hinder turning AI’s potential into real business results. - Inability to Utilise the Available Data.
The inability to utilise available data arises from challenges such as fragmented data silos, poor data quality, lack of data literacy, poor data governance and inadequate tools or infrastructure. These issues make it difficult for organisations to convert raw data into actionable insights, delaying decision-making and limiting the potential for data-driven growth and innovation. - Struggling to Turn Data into Business Outcomes.
Despite investing significant time and resources in collecting, cleaning, and analysing vast amounts of data, the team often finds that insights are not reaching decision-makers in a meaningful way. Poor visualisation, complex reports, and an inability to engage and persuade stakeholders create barriers between the data and its potential business impact.
Capabilities to Focus on for Impact
Key Skills to Drive Success within Data Teams:
- 1. AI Literacy and Implementation
- 2. Leverage Data for Strategic Business Decisions
- 3. Communicate Data Insights with Impact
Growth Tribe is here to help…
Growth Tribe designs a fully customised learning journey for your team. We use a blend of live and on-demand learning, focused on practical learning and hands-on implementation. This will lead to a significant boost in your team’s productivity, efficiency and performance.
Growth Tribe upskills your team to boost business performance with actionable skills in A.I. & Data, Digital & Growth Marketing, Digital Leadership & Business Skills.
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Are you ready to implement Leverage Data Effectively in your team?
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Growth Tribe upskills individuals and teams to boost business performance with actionable skills in A.I. & Data, Digital & Growth Marketing, Digital Leadership & Business Skills.
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