Building an In-House Data Academy

WebinarFebruary 2023

In September 2019, McKinsey urged organizations to create in-house "data academies" to improve their employees' data literacy and prepare them for a data inundated world. Now more than ever, organizations are seeking ways to develop and retain a workforce with the necessary data skills, and internal data academies stand out as an effective method for scaling data competencies.

In this webinar, we will cover the key steps for building an internal data academy, including defining an learning paths, securing executive support, scaling learning communities, and more. We will also showcase examples from DataCamp for Business customers, who have achieved success with their own internal data academies.

Key Takeaways:

A deep dive into the key benefits of data literacy for businesses, including improved decision making, increased efficiency, enhanced competitiveness, and more.
Best practices in effectively communicating the value of data literacy to your organization
Practical strategies for building a business case for data literacy, including identifying key stakeholders and leveraging industry research and benchmarks

Slides

Summary

In the field of organizational development, the concept of a Data Academy is becoming popular as companies understand the essential role of data literacy and skills in driving change and innovation. Organizations such as Allianz, Rolls-Royce, and Novartis exemplify the strategic implementation of data academies, each customized to their unique industry challenges and goals. These academies are not just training centers but hubs building data capabilities, personalized learning paths, and a strong community culture. From Allianz's model addressing diverse learning needs to Rolls-Royce's focus on Python for productivity gains, and Novartis's specialized data and AI academy, the emphasis is on creating a goal-oriented, personalized, and measurable learning environment. The discussion emphasizes the importance of senior leadership support, strategic alignment with business objectives, and the integration of advanced tools for skill assessment and development. As companies face the complexities of data transformation, the establishment of a solid Data Academy emerges as a key strategy for cultivating a data-driven culture and achieving sustainable competitive advantage.

Key Takeaways:

Data Academies serve as centralized hubs for building data capabilities within organizations.
Personalized learning paths customized to specific roles and personas enhance engagement and effectiveness.
Strong senior leadership support and strategic alignment are essential for successful implementation.
Community building and clear communication amplify the impact of data literacy programs.
Effective measurement of outcomes and ROI is essential to justify further investments in data upskilling.

Deep Dives

What is a Data Academy?

A Data Academy is a strateg ...
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ic initiative within an organization aimed at consolidating the efforts to build data skills and capabilities. It serves as a hub where employees can learn, collaborate, and enhance their data competencies. Unlike traditional training programs, a Data Academy focuses on creating a comprehensive, personalized learning environment that aligns with the organization's strategic goals. This involves providing a variety of learning resources, from courses and webinars to community events and mentorship programs. The ultimate goal is to embed data literacy into the organization's culture, making it a core competency that drives decision-making and innovation.

Personalization and Goal Orientation

Personalization in a Data Academy means customizing learning paths to the specific needs of different roles and personas within the organization. This ensures that employees receive training that is relevant to their job functions and skill levels. For instance, a data consumer might need basic data literacy skills, while a data scientist requires advanced analytical capabilities. Goal orientation involves aligning these learning paths with the organization's strategic objectives, transforming skill-based goals into transformational outcomes. For example, instead of simply training employees in Python, a goal-oriented approach would focus on using Python to automate workflows and reduce operational costs.

Building a Data-Driven Culture

Creating a data-driven culture requires more than just providing training resources. It involves building a community where learning and collaboration are encouraged and celebrated. This can be achieved through initiatives such as internal tech talks, data ambassador programs, and learner testimonial videos. Such efforts not only enhance engagement but also build a sense of belonging and shared purpose among employees. As Petra Mutter noted, "Visible senior leadership and a call to action are essential for embedding analytics capability into the organization's competency frameworks."

Measuring Success and ROI

Effective measurement of a Data Academy's success involves tracking various metrics, from engagement rates and skill improvements to business outcomes and ROI. This requires a clear evaluation framework, such as the Kirkpatrick model, which assesses learning at multiple levels: reaction, learning, behavior, and results. By linking learning outcomes to business goals, organizations can justify further investments in data upskilling and demonstrate the tangible benefits of their Data Academy initiatives. As Yashas highlighted, "Understanding current skill gaps and mapping them to business objectives is key to demonstrating the value of a Data Academy."