Following the introduction to “Building a Data-Driven Culture,” the “Data Analytics for Informed Decision-Making” course guides organizations in strengthening their capabilities for data-informed decision-making. You will learn how to leverage data for strategic decision-making and transform your organization into a data-driven entity capable of making informed decisions in today's data-driven world.
Learning Objectives »
- Understand data-informed and data-driven decision-making.
- Make decisions from a data point of view.
- Incorporate data culture into strategic decision-making.
- Balance data with expertise while making strategic decisions.
- Master tools for data-informed and data-driven decision-making.
Course Agenda
Being Data-Informed vs. Data-Driven Decision-Making
- Data-Driven Decision Making
- Data-Informed Decision Making
- Differences and Implications
- The Importance of Data Quality
Changing Perspectives
- Using Questions to Improve Analysis
- Structured Interviewing
- Types of Data Analysis
Building a Decision-Making Toolbox
- Data Collection and Analysis Tools
- Visualization Tools for Data Interpretation
- Predictive Analytics and Modeling Tools
- Best Practices in Tool Selection and Use
Implementing Data-Informed Decisions
- Data Collection and Management
- Interpreting Data and Making Decisions
- Overcoming Challenges