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Sergio P. Mendes Proposes a 30-Day Standard for Stronger Financial Data Literacy
Mendes says teams can improve data literacy in 30 days by focusing on decisions, limiting metrics, and tracking whether data changes outcomes.
Sergio P. Mendes, Vice President of Commercial Finance and Revenue Management in Norwalk, Connecticut, has released a 30-Day plan to improve data literacy among professionals and teams.
Having spent nearly 20 years leading strategy at firms including Pernod Ricard USA and Diageo Spirits, Mendes contends that most organizations already possess sufficient data rather than needing more.
The plan requires professionals to identify specific questions before pulling reports and commit to presenting fewer data points in internal communications. Teams then test whether audiences can clearly explain the implications.
By simplifying communication, the practice reveals which data consistently drives better outcomes while improving decision-making without requiring new technology or significant process changes.
True data literacy involves connecting numbers to specific decisions, focusing on filtering and acting on information rather than simply reading charts. This philosophy underpins the framework's long-term value.