Hollstadt Consulting’s Post

Information workers spend one day in five searching for information, according to McKinsey, whilst a quarter of business experts admit they give up trying to find answers altogether when data analysis takes too long. Know the feeling? Demolish silos, bridge the gaps and harness your data once and for all for truly informed business decisions. https://lnkd.in/eGnZcvHE #digitaltransformation #datasilos #dataengineering

Data Drives Powerful Decisions.🚀 Gut feeling vs. hard facts? The choice is clear for successful businesses. This blog post dives into compelling numbers and data that show the undeniable benefits of data-driven decision making and was written by our HR Director, Steph Fornari Hrubisiuk. ✨ Ready to ditch the guesswork and unlock the power of data? Read the full article. 🔗 https://lnkd.in/dvvtuhp7

It's unsettling that 49.7% of businesses in the US fail within the first 5 years*, even though we have unprecedented access to a sheer volume of data, which, if correctly leveraged, could ensure fail-proof strategies for business success. * Small Business Administration More at: readytolaunchresearch.com #ReadyToLaunchResearch #RTL #marketResearch #data #qualitativeResearch #quantitativeResearch #LosAngeles #California

How can you harness the power of your people's data to drive discussions and smarter decision-making in your organization? Together with industry experts, we will explore the concept of data literacy – the ability to interpret insights from data and use them to inform decisions. The discussion provides practical insights into defining the right KPIs that align with organizational goals and how to present that data. Join us on the 8th of Feb to learn how to get more from your systems, be more efficient, and drive better business results through people analytics 💫 https://lnkd.in/dimH8A5z

When #EngagementSurveys are intentional and address aspects of the #EmployeeExperience, you gain actionable data. Discover 30 questions that can drive #OrganizationalSuccess in our blog post: https://bit.ly/3POoGMB

The work-from-home conversation continues to evolve, and this Forbes article offers invaluable insights backed by data. CEOs and employees alike will find this article an enlightening read. https://bit.ly/48wJQFV

We gathered insights from senior data leaders at Best Buy, USAA, and Shaw Communications to learn what's worked and what hasn't when providing employees with the resources needed to bolster their data literacy skills. Download this guide to empower #dataliteracy at your company: https://wom.us/3YHmwkk #enterprisedatastrategyboard #datastrategy

The biggest issue I see with most organizations these days isn't that they lack the talent for data viz, or lack the juicy data. The smart people with the insightful data are there. They just need to learn about alllll the other chart types out there that'll help tell those amazing stories. Here's a solid gold blog post that shows exactly what I mean. https://lnkd.in/eJHNKu5

Lack of data literacy: Building a data culture requires that employees have a basic level of data literacy, but many employees may need more skills or knowledge to analyse and interpret data effectively. Gartner says the definition of data literacy is: And, from their 2017 Annual Chief Data Officer Survey, Gartner say that “Data Literacy is the 2nd biggest internal roadblock to success of CDO’s!” Ellis, Gethyn; Williams, Mark. Building a Data Driven Culture: A Step by Step Guide (p. 79). #datadrivenculture