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Case study

Building a data-driven culture and increasing data literacy

A leading investment firm with more than $100 billion in assets under management recognized the need for a digital transformation to unlock data and analytics solutions across its business and workforce. With the company rapidly scaling in recent years, the firm saw the importance of a new data and analytics strategy to sustain high performance. However, it also uncovered that investments in technology and systems alone wouldn’t achieve desired results.
Industry Finance
Headquarters Boston
No. of employees 1,200
Revenue $150M

95%

completion rate

88%

satisfaction rating

87%

higher confidence in data literacy

Context

The global investment firm identified the need for a digital transformation and data-centric culture. To enact these changes, the firm had to execute a broad data upskilling program across the organization.

Correlation One worked with firm leadership to identify and prioritize business needs and data use cases, and aligned on a workforce skilling solution that met the client's objectives.

Goals

The company set the following strategic objectives: 

Establish an organization-wide understanding of the firm’s data and systems.
Design data and digital upskilling programs tailored to employee use cases.
Drive high learner engagement to foster a culture of data-informed decision making across all levels.
Submissions 1

Achieve workforce data literacy

 
This financial services client saw a 87% increase in data literacy confidence after Correlation One's:
  • Executive training sessions
  • Employee upskilling program
  • Advanced data skills training

About Correlation One's solution

Correlation One developed a multi-pronged curriculum approach to meet the needs of stakeholders at all levels of the company, comprised of:
Live and instructor-led sessions
Self-paced online coursework with both required and elective modules
A role-specific project tied to team use cases, workflows, and ROI
The program was structured into two tracks:
Executive Leadership Program: Live, instructor-led workshops for senior leadership and middle managers focused on the strategic importance of data, how to lead with data, and fostering a data-driven culture to drive tangible business impact.
Skills-Based Training: For employees, foundational data literacy programs equipped them with the knowledge to make informed decisions and apply data in business contexts, while advanced training developed role-specific, specialized data skill sets to address critical gaps.
 
 

Results

 

Following the implementation of Correlation One’s custom workforce development solution:

 
85%
of executives agreed that the Executive program improved their understanding of data fluency and data transformation.
90%
of managers have seen a positive impact on their direct reports since the program completion.
87%
of participants reported high confidence in their data literacy skills post-program.

What participants had to say

Our work with Correlation One yielded great value in leveling up our overall data fluency. The customized curriculum and team projects produced high engagement, but, more importantly, impactful business outcomes.
Director, Data and Program Management
I think the most valuable part was being able to see everyone's projects. I was able to gain insight into other parts of the business, which I otherwise wouldn't have seen.
Employee participant

Get the full story

News and resources

Workforce development insights

 
White paper

From AI panic to an AI plan: Upskilling for your organization

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White paper

Results-driven learning: How to align skills training with business impact

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Podcast episode

How Best Buy powers digital transformation with data literacy

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