Data-Driven Decision Making Course

Data-Driven Decision Making Course on 17th to 21st October 2022

Course calendar

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Introduction

Organizations often have more data than they know what to do with. The question is, how do we turn this data into insights; and from insights into actions. This course enables business leaders and managers to understand the value of data, the power that can be gained from it, and when applied with emerging technologies, how to use it.

Duration

5 Days

Who should attend?

Non-technical leaders and managers.

Objectives

The digital economy is powered by data. The future will be AI powered, and data science will be the skillset needed to drive AI. Data science is the means by which we gain new insights to strategic questions.

This course provides non-technical leaders and managers with the knowledge and skills to take advantage of data-enabled decision-making.

• Understand the business capabilities of emerging technology and how to leverage it
• Familiarize non-technical business leaders with big data terminology
• Help business leaders identify the value within their own data silos
• Utilize internal and external data sources to identify commercial opportunities and operational efficiencies

Module 1: Understanding the Power of Data

• The basics of data analytics and problem-solving using data
• Key technologies used in finding business insights
• Predictive modeling and how to identify business opportunities

Module 2: Using Emerging Technology with Strategic Planning

• Create new business models inspired by emerging technology
• Identifying the required skills, data, and resources
• Building a ‘next steps’ plan of action.

Module 3: Building Real-World Models & Visualizations.

• Creating a strategy that is data enabled.
• Building technology to support new data-driven business models.
• Visualization and communication of data-centric decisions