Data is the sword of the 21st century, and those who wield it well, will be the Samurais of the day.
Data analytics is become increasingly important in workplaces and the future employees cannot afford to live in ignorance.
According to Eric Schmidt, executive chairman of Google’s parent company Alphabet and Jonathan Rosenberg, adviser to CEO Larry Page, the data analytics knowledge will be the key competence or skill that employers will be looking for in future job seekers across the globe.
The next generation of young job seekers will have to gain basic understanding of data analytics and how to use the same in making a difference in businesses. Understanding how statistics works together with basic knowledge of how people and organizations make conclusions over big data will offer a cutting edge to job candidates.
As data analysts in various organization units, the future employees will have to make sense of large amounts of information using statistical tools and techniques. They will need to be able to pinpoint trends and correlations using programs such as Excel, SAS and SQL and Tableau. Those heading the analytics unit will have typically studied statistics, data science or math.
A job candidates ability to use calculus coupled with an understanding of how to approach big data will not only be very helpful in finding a job but will also make him/her a great asset.
Knowledge and good commercial application of data analytics will be demanded across all departments since every decision made by organizations will need to be driven and supported by data.
Whether one is interested in being a future HR professional, an accountant, a risk manager, procurement specialist or a business strategist, demonstrating knowledge of data analytics and it’s rightful and timely application will distinguish between key talent and any other human resource in the future labour market.