Thank you for sending your enquiry! One of our team members will contact you shortly.
Thank you for sending your booking! One of our team members will contact you shortly.
Course Outline
Foundations of Data-Driven Thinking
- The role of data within an organization
- Data as a driver for operational and strategic decisions
- Data-driven versus intuition-driven organizations
- Common pitfalls in data handling
2. Data sources and characteristics
- Transactional, operational, and reference data
- Internal and external data sources
- Structured and unstructured data
3. Data quality and its impact on decision-making
- Completeness, consistency, timeliness, and accuracy
- Typical challenges regarding data quality
- How flawed data affects analytical conclusions
4. Core data analysis techniques
- Descriptive analysis
- Comparative analysis
- Trends and seasonality
- Data segmentation
5. KPIs and business metrics
- Distinguishing between a KPI and a metric
- Selecting appropriate indicators
- Avoiding the trap of KPI overload (excessive metrics)
Insights and Business Recommendations
- Interpreting analysis results
- The business context of data
- Separating correlation from causation
- Identifying patterns and anomalies
2. Advanced analytical approaches
- Scenario analysis
- Root cause analysis (RCA)
- Inference based on incomplete data
3. Data visualization
- Principles of clear visualization
- Selecting the appropriate format for the data type
- Common errors in presenting results
4. Formulating insights
- Defining a business insight
- Moving from data to conclusion
- Structuring a logical insight
5. Data-Driven recommendations
- Connecting data with business context
- Risks and limitations of recommendations
- Communicating recommendations to decision-makers
Requirements
- Fundamental skills in Microsoft Excel or comparable spreadsheet software.
- Practical experience with business or operational reporting.
-
A basic understanding of descriptive statistics is beneficial.
Target Audience
- Business and Systems Analysts.
- Consultants and Strategy Specialists.
- Managers and Team Leaders who rely on data-supported decision-making.
- Reporting and BI (Business Intelligence) Specialists.
14 Hours
Testimonials (2)
The trainer shared his knowledge and led great atmosphere.
Agnieszka Dubanska - Narodowy Fundusz Zdrowia
Course - Modelowanie procesów biznesowych z wykorzystaniem UML i BPMN
the lessons