Data-driven Decision Making (DDDM)
We make decisions every day, in our lives and in our work. Yet, how do we know we are making the right decisions or choosing the best option from the choices in front of us? The simple answer is with the proper interpretation of meaningful data. Through the act of data collection, analytics and presentation, we not only have a clearer picture of our options but the baselines for determining their success. This means less time wondering, more time doing and quicker agility to pivot when needed.
Better decisions mean better business. This training will help you understand how proper collection and use of data are the foundations which support this. With better decisions you end up with clearer direction, less wasted effort, lower risks, improved value creation and fewer course corrections. As an added benefit these same concepts are transferable to any role you have or will have, in business and life.
Managers, Team leaders, Department Heads, analysts, statisticians, CEOs, CFOs
- CLICK HERE for date of next course
- Type: Hybrid
- Duration: 18 Hours
- Language: English & Arabic
Objectives
Gain a clear understanding of the following topics:
- Data Collection
- Data Integrity
- Master Data Control
- Storytelling with Data
- Monitoring and Interpreting Results
Learn the skills to:
- Properly collect data
- Properly control data
- Ask the right questions
- Paint the story
- Present the story
- Track the results
Topics
- Session 1: Overview of Excel functions with focus on pivot tables
- Session 2: What is Data-Driven Decision Making? (Overview)
- Session 2: What is “Proper” Data and Where Do We Get It? (Data Collection & Integrity)
- Session 3: How Do We Manage All of This? (Master Data Control)
- Session 4: How Do You Tell a Story with Data? (Analytics & Presentation)
- Session 5: Decision Made, Now What? (Tracking Results)
Minimum 2 years of work experience in people management; AND/OR in analysis (or equivalent) role.
