Holland Mountain's Jeremy Hocter discusses the critical role of data literacy and the management of unstructured data in private equity. He emphasises the need for a cultural shift towards data awareness and accountability, the importance of organising unstructured data for effective use of AI tools, and the necessity of maintaining document security amidst technological advancements.TakeawaysData literacy is essential for understanding and using data effectively.Cultural change within organisations is necessary to prioritise data.AI tools can help summarize and analyse data but they require good data practices.Document version control is vital to avoid confusion and errors.Security measures must be in place when integrating AI with document management.Awareness of data's impact on operations can drive accountability.Firms need to adapt to new technologies to stay competitive.

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