As part of its digital transformation journey and its efforts to continuously increase efficiency across its operations, the National Bank of Bahrain (NBB) held a virtual Data Literacy training webinar for all employees under the NBB Group umbrella yesterday. This comes as part of the Bank’s holistic plan to create a Data Literate Organisation.
The webinar, ‘17 Traits of Data Literacy’, presented by Ben Jones founder and CEO of Data Literacy, LLC, is part of NBB’s holistic approach that aligns with its overarching strategy to transform into a more digitally-reliant automated organisation. The Bank is working towards emphasising the importance of data literacy and the role it plays in increasing organisational efficiencies and upskilling the workforce, and aims to introduce an internal Digital Literacy Academy designed to encompass all employees across different functions within the NBB Group set to launch within this year.
Commenting on the initiative, Jean Christophe Durand – Chief Executive Officer of NBB, said: “This webinar is the first step on our path towards adopting an overall more digitally-reliant operational structure. The understanding, appropriate interpretation and use of data is crucial to any organization that aims to enhance efficiencies from within, and acts an important catalyst in the journey towards digital transformation. The objective is to create and upskill a taskforce that is more capable, equipped and adaptable to handle the rapid shift towards a digital world, and drive positive change within the organisation to gain a significant competitive advantage.”
“In order for us to maintain our trajectory on this exciting journey, it is imperative that we recognise and develop the essential tools required to enhance our overall performance as a group, and as we move towards the establishment of a Data Literacy Academy within the upcoming year, we aim to spearhead the digitalisation movement within the Bank and the Kingdom,” he added.
The webinar enabled employees to recognise the different types of existing data, identify the varied mechanisms of data utilisation designed to enhance performance, and interpret the many types of visual data available to improve accuracy of statistical concepts and analyses, and worked to encourage the critical thinking skills required to identify career progression opportunities within the organisation.
Upon participation in the webinar, enrollment in the Data Literacy Academy will commence at NBB, and employee selection will be based on a series of assessments culminating in the selection of the most viable employees to undergo the required data literacy training at the upcoming academy.
This Data Literacy Academy aims to create an environment conducive to enhancing the professional skills required to accurately read, analyse and utelise relevant organisational data in everyday operations, as part of NBB’s ongoing plans for growth and human talent development.