Book description
Accelerate your journey to smarter decision making by mastering the fundamentals of data literacy and developing the mindset to work confidently with data
Key Features
- Get a solid grasp of data literacy fundamentals to support your next steps in your career
- Learn how to work with data and extract meaningful insights to take the right actions
- Apply your knowledge to real-world business intelligence projects
Book Description
Data is more than a mere commodity in our digital world. It is the ebb and flow of our modern existence. Individuals, teams, and enterprises working with data can unlock a new realm of possibilities. And the resultant agility, growth, and inevitable success have one origin—data literacy.
This comprehensive guide is written by two data literacy pioneers, each with a thorough footprint within the data and analytics commercial world and lectures at top universities in the US and the Netherlands. Complete with best practices, practical models, and real-world examples, Data Literacy in Practice will help you start making your data work for you by building your understanding of data literacy basics and accelerating your journey to independently uncovering insights.
You’ll learn the four-pillar model that underpins all data and analytics and explore concepts such as measuring data quality, setting up a pragmatic data management environment, choosing the right graphs for your readers, and questioning your insights.
By the end of the book, you'll be equipped with a combination of skills and mindset as well as with tools and frameworks that will allow you to find insights and meaning within your data for data-informed decision making.
What you will learn
- Start your data literacy journey with simple and actionable steps
- Apply the four-pillar model for organizations to transform data into insights
- Discover which skills you need to work confidently with data
- Visualize data and create compelling visual data stories
- Measure, improve, and leverage your data to meet organizational goals
- Master the process of drawing insights, ask critical questions and action your insights
- Discover the right steps to take when you analyze insights
Who this book is for
This book is for data analysts, data professionals, and data teams starting or wanting to accelerate their data literacy journey. If you’re looking to develop the skills and mindset you need to work independently with data, as well as a solid knowledge base of the tools and frameworks, you’ll find this book useful.
Table of contents
- Data Literacy in Practice
- Contributors
- About the authors
- About the reviewers
- Preface
- Part 1: Understanding the Data Literacy Concepts
- Chapter 1: The Beginning – The Flow of Data
- Chapter 2: Unfolding Your Data Journey
-
Chapter 3: Understanding the Four-Pillar Model
- Gaining an understanding of the various aspects of data literacy
-
Introducing the four fundamental pillars
- Becoming acquainted with organizational data literacy
- Discussing the significance of data management
- Defining a data and analytics approach
- The rapid growth of our data world
- Tools
- The rise of ML and AI
- Moving to the cloud
- Data literacy is a key aspect of data and analytics
- Understanding the education pillar
- Mixing the pillars
- Summary
- Chapter 4: Implementing Organizational Data Literacy
- Chapter 5: Managing Your Data Environment
- Part 2: Understanding How to Measure the Why, What, and How
- Chapter 6: Aligning with Organizational Goals
- Chapter 7: Designing Dashboards and Reports
- Chapter 8: Questioning the Data
- Chapter 9: Handling Data Responsibly
- Part 3: Understanding the Change and How to Assess Activities
-
Chapter 10: Turning Insights into Decisions
-
Data-informed decision-making process
- Ask – Identifying problems and interpreting requirements
- Acquire – Understanding, acquiring, and preparing relevant data
- Analyze – Transforming data into insights
- Apply – Validating the insights
- Act – Transforming insights into decisions
- Announce – Communicating decisions with data
- Assess – Evaluating outcomes of a decision
- Making a data-Informed decision in action
- Using a data-informed decision checklist
- Why data-informed over data-driven?
- Storytelling
- Summary
- Further reading
-
Data-informed decision-making process
- Chapter 11: Defining a Data Literacy Competency Framework
- Chapter 12: Assessing Your Data Literacy Maturity
-
Chapter 13: Managing Data and Analytics Projects
- Discovering why data and analytics projects fail
- Understanding four typical data and analytics project characteristics
- Understanding data and analytics project blockers
- Unfolding the data and analytics project approach
- Unfolding the data and analytics project framework
- Mitigating typical data and analytics project risks
- Determining roles in data and analytics projects (and teams)
- Managing data and analytics projects
- Writing a successful data and analytics business case
- Finding financial justification for your project
- Summary
-
Chapter 14: Appendix A – Templates
- Project intake form
- Layout for a business case
- Layout for a business case scenario description
- A business case financial analysis
- Layout for a risk assessment
- Layout for a summary business case
- Layout information and measure plan
- Layout for a KPI description
- Table with the Inmon groups and a description of their roles
- Chapter 15: Appendix B – References
- Index
- Other Books You May Enjoy
Product information
- Title: Data Literacy in Practice
- Author(s):
- Release date: November 2022
- Publisher(s): Packt Publishing
- ISBN: 9781803246758
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