Data Skills

Data-driven decision making is critical to navigating the new normal

 

The past decade has witnessed an exponential growth of 'big data', supported by increasingly sophisticated algorithms, enhanced computer power and the availability of cheap data storage, introducing the 'Age of Analytics'. As a result, analyzing data to inform effective business decisions has become a critical differentiator in today's hyper competitive environment.  

 

Pre-COVID, many business leaders were already championing the concept of VUCA (volatility, uncertainty, complexity and ambiguity) as key to navigating and succeeding in the 21st century business environment. It is safe to say that 2020 cemented an acceptance of this concept across the business landscape, with market volatility expected to underpin the new normal for years to come. 

 

In this context, organizational agility is not only a source of competitive advantage, it is mission critical to organizational survival. As a result, businesses are placing an ever more acute focus on how well equipped they are to respond quickly and effectively to ever changing market conditions. 

 

At the core of organizational agility is data. Data that illuminates challenges and opportunities, that informs short term tactics and points the way for longer term strategies. The businesses that succeed in this new normal, will be those that are truly data-driven.

 

Individuals able to translate organizational data into business outcomes are in high-demand.

Business analytics enables organizations to understand how well they are serving their customers, their employees and their communities.

 

It allows them stay ahead of the competition by quickly understanding and responding to market conditions. It allows organizations to achieve their business objectives by tracking performance, highlighting efficiencies and informing opportunities for continuous improvement.

If you are looking to increase your value to organizations by developing these skills, find out more here.

The Canadian finance sector has been undergoing a digital transformation in recent years, mostly driven by customer need. This transformation has presented those in finance roles with greater amounts of data to analyse.

In this data-driven environment, there is a growing expectation for quantitative and qualitative analytical capabilities across all roles, not just finance professionals. LinkedIn reported Analytical Reasoning as the #3 most needed hard skills by companies in 2019 and job postings calling for data visualisation, have grown by a huge 540% over the last five years.

If you are looking to increase your value to organizations by developing these skills, find out more here.

Post-COVID analysis by Microsoft, leveraging LinkedIn data, estimates an additional capacity of 20M+ new jobs in data analysis, artificial intelligence and machine learning worldwide by 2025. This includes an additional 185K roles in Canada alone, and 1.5M in the USA. As a result, individuals that possess strong data analytics capabilities will be high demand, even in an otherwise challenging job market.  As a result job postings calling for data visualisation, have grown by a huge 540% over the last five years, and specific demands for Tableau skills by 1,165%.

If you are looking to increase your value to organizations by developing these skills, find out more here.

What Our Clients Say

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Taaha Ijaz, BS Nursing, Ontario Tech University

 ''Setting yourself apart is important, especially in nursing where everyone has the same license and degree as you. TALENT allows OTU students and alumni to invest their time and effort into skills that are currently in-demand, and skills that will be in-demand years from now. Best of all, students can be confident that they are receiving the correct guidance as TALENT works alongside industry leaders to ensure students are able to find meaningful employment.''