Data contains more than numbers, demographics, and sales figures. It tells a story about your customers, your employees, and your organizations as a whole. Lexology brought this important information to our attention in their article, “What does your data tell you? Role of data analysis in mapping out DE&I goals.”
Every business wants to make good decisions. Good decisions rely on good information, but communication matters. Thus, understanding and translating data into meaningful insights is crucial. By connecting that information to your audience at some level, they will be motivated to act on it. The key is good storytelling.
When it comes to diversity, equity, and inclusion (DEI), data can help tell the story. Diversity is about representation; equity means looking at the fairness of opportunity; and inclusion is the degree to which different groups of individuals are appreciated and incorporated in a setting.
Data collection and data governance are good starting points for preparing an effective DE&I strategy, and the general practice is to begin by collecting baseline data pertaining to the composition both of the workforce and the service providers. The stumbling block for most organizations stems from little clarity regarding the analysis of data and its effective use for impactful purposes.
Making data accessible is something we know. Whatever the search, it is vital to have a comprehensive search feature and quality indexing against a standards-based taxonomy. Choose the right partner in technology, especially when your content is in their hands. Access Innovations is a known leader in database production, standards development, and the creation and application of taxonomies.
Melody K. Smith
Sponsored by Access Innovations, changing search to found.