In episode 72 of the Data Modernization Minute, Wayne Sadin explains why employee training is as critical for organizational success as new data tools.
To hear practitioner and platform insights on how solutions such as ChatGPT will impact the future of work, customer experience, data strategy, and cybersecurity, make sure to register for your on-demand pass to Acceleration Economy’s Generative AI Digital Summit.
00:50 — Wayne’s topic today is investment. Wayne’s looked at a lot of tools in the last few months. He recommends that organizations take some of the money they’re going to spend on tools and invest in training for their teams.
Which companies are the most important vendors in data? Check out the Acceleration Economy Data Modernization Top 10 Shortlist.
01:32 — A common scenario is “We’re going to buy this cool tool. It solves our problem. Now we’ve used our budget up.” How about making people better at change? How about giving teams new tools for process analytics? For data science, for statistics? Refresh old bachelor’s or master’s degrees.
02:38 — People can be taught how to learn more effectively, how to sell, and how to talk about ideas and get them across to people. These are all great skills.
03:04 — What if organizations took some of that IT budget and brought an IT person and their corresponding business person or business people (their customers, if you will) together, and trained them as a team?
03:19 — Tools are fun. Tools are effective, and organizations shouldn’t stop investing in them. But take some of that money and think about how to upgrade people’s skill sets.
Want more insights into all things data? Visit the Data Modernization channel:
