In this fast-paced world, everyone tends to evolve and modify themselves with the upcoming trends and technologies. Similarly, the traditional methods used by HR professionals have been overlooked by new technologies like Customer Relationship Management (CRM), Applicant Tracking Systems (ATS), and Human Resource Integration Systems (HRIS), etc. which not only consume less time but also keep accurate records of the employees of the organization. However, with the inclusivity of data-driven technologies, human resource practitioners must level up their game accordingly by getting familiarized with data literacy.
In this article, we will understand the meaning of data literacy and its relevancy, and how it benefits the massive HR industry.
What is Data Literacy?
Data Literacy means understanding data and data practices in order to efficiently interpret and communicate the data among the organization.
How Is Data Literacy Relevant?
Adding thousands of records manually could be a hectic job that evidently kills your time. Getting well acquainted with the data-driven tools would not only evolve the overall process of effective communication and accurate data management but would also save lots of time on hand that you can later utilize in learning and growing individually in the HR industry.
Below mentioned are some of the reasons that shed light on the importance of being data literate:
Informed Decision-Making:
Being data literate can firstly help HR professionals to improve their employee analysis, which would ultimately lead to better decision-making. A data-driven organization will undoubtedly have better workforce planning that will ultimately lead to efficient employee talent management.
Ability To Identify Patterns
Data literacy helps professionals to understand different trends currently outlining the industry. They can also understand the patterns of employees within their organization. This leads to better and more informed planning of the workplace in terms of growth. HR professionals who are data literate can also give rise to healthy competition after understanding every employee’s capability.
Strategizing to stay competitive
To keep your organization ahead in the industry trends, getting familiarized with data-driven tools has become an essential aspect of staying competitive within industry standards.
According to the statistics provided by Workday, Organizations that use technologies that ease Human Resource functions have 82 percent higher growth rates compared to organizations that are still not data driven. So, for companies to stay up to industry standards, letting your Human Resource employees get well-acquainted with data literacy has become an essential need.
Improved Productivity
There has been recorded massive, improved productivity among Human Resource employees that are data literate. As said by “Building Data Literacy,” a Forrester report authorized by Tableau, 58 percent of employers have admitted that being data-literate has led them to make better decisions than non-data-literate employees.
Tips To Improve Data Literacy
Keep Learning
There are many HR certification courses online available that can lead you in the process of being data-literate. The courses will act as a helping guide in making your journey smooth.
Set Goals
Give yourself a specific goal and try to work on learning data literacy accordingly. Driven by a certain timeline, you will be able to learn more in comparison to mindlessly mugging up manuals without planning.
Engage in Knowledge Exchange Events
Join knowledge exchange events that are organized for other company employees apart from Human Resources. Understand their workflow and learn how different data tools work.
Be a student
No matter how much experience you have, there’s always scope for learning new advancements. Don’t hesitate to ask questions from your data experts. Act like a student and clear as many doubts as possible while you are in the learning process.
Bottom Line
Coping with the changing industry standards is essential for being able to keep your organization up the growth ladder. It’s the responsibility of Human Resources to be aware of the ever-evolving industry trends to keep the workplace competitive and ready for new challenges every day.
