The majority of business leaders today recognise and want to harness the power of data. But only about a third of the workforce feel empowered to do so in their day-to-day life. There! That\u2019s the gap, that\u2019s a wrap. Empower your workforce and job done. Blog done. But wait. Of course, it\u2019s not as simple as that. Let me share a secret: the data gap is not just a single gap. It\u2019s a whole bunch of gaps of varying shapes and sizes. <\/b>Let\u2019s have a look at some prominent examples to understand what businesses are dealing with \u2013 and how to start building bridges.<\/p>\n\n\n\nGap 1: From expectation to reality<\/h2>\n\n\n\n
There is still a common misconception that with enough data you\u2019ll be able to solve all your problems. This falls way short of the mark. In fact, 31% of executives in a recent global YouGov survey report they have too much data, while 54% cite the lack of understanding of data as a major barrier to evolving their business conversations.<\/b><\/p>\n\n\n\n
The solution is not a simple one. Beyond shifting the general perception to a more realistic view, there are technological challenges to master, organisational hurdles to overcome, and a workforce to empower.<\/b> To succeed you need: to collect what data you need and give your people the data they need – in a way that is useful to them.<\/p>\n\n\n