According to ADAPT’s 2024 Data and AI Edge Survey, organisations with higher levels of executive data literacy show greater confidence in delivering their data strategies.
However, with the average executive scoring just 45 out of 100 on the data literacy scale, there’s significant room for improvement.
Here are the top takeaways from ADAPT’s findings:
- Removing silos is critical: Organisations must eliminate fragmented data systems to avoid unreliable insights and foster data-driven decision-making.
- CDAO collaboration matters: Chief Data and Analytics Officers play a vital role in aligning organisational vision with data strategy. Executives need to strengthen these partnerships to succeed.
- Upskilling executives is non-negotiable: While organisations often focus on employees, prioritising executive learning is essential to drive better decisions and outcomes.
The takeaway? Success in today’s world is more than just having data; it’s about empowering executives to use it effectively. Building a data-literate leadership team can help organisations transform their culture and achieve sustainable results.
Ready to bridge the gap in your organisation’s data strategy?
Our professional services team specialises in transforming leadership data literacy, eliminating silos, and fostering executive-CDAO collaboration. Let’s partner to deliver a strategy that drives measurable results.