Get yourself trained on Data Driven Decision with this Online Training Data Driven Decision Making.
Online Training Data Driven Decision Making
Data Driven Decision Making is designed for teams, managers, and executives to learn how to use data driven thinking to design decisions aroundstrategy, process, business intelligence products, business structures and the customer experience. Big data is a symptom of our times, a challenge, but ultimately THE opportunity for the modern enterprise to differentiate and disrupt. There is almost no latency for business decisions in todays hyper-competitive climate. Data driven thinking empowers the enterprise to act. Companies with purposeful, data driven approaches to decisions outperform their peers in output and productivity. In fact, the highest performing organizations use data driven approaches five times more than the lowest performing organizations.This course provides a foundation for how to curate data to support decision making at all levels of the enterprise. Thecourse also provides instruction on systems thinking with a focus on complex systems, and lastlydecision engineering. Four use cases are included to provide real world examples of data driven decision making.
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Investing in yourself through Learning
As a society, we spend hundreds of billions of dollars measuring the return on our financial assets. Yet, at the same time, we still haven’t found convincing ways of measuring the return on our investments in developing people.
And I get it: If my bank account pays me 1% a year, I can measure it to the penny. We’ve been collectively trained to expect neat and precise ROI calculations on everything, so when it’s applied to something as seemingly squishy as how effectively people are learning in the workplace, the natural inclination is to throw up our hands and say it can’t be done. But we need to figure this out. In a world where skills beat capital, the winners and losers of the next 30 years will be determined by their ability to attract and develop great talent.
Fortunately, corporate learning & development (L&D), like most business functions, is evolving quickly. We can embrace some level of ambiguity and have rigor when measuring the ROI of learning. It just might look a little different than an M.B.A. would expect to see in an Excel model.