2-DAY COURSE
Data-Driven Decision Making
The key to competitive advantage in the 21st Century
In this learning event, you’ll examine strategies for gaining the information needed to make effective decisions in the time frame required. You’ll look at the best of recent research, gain advice from leading thinkers and examine key decisions from real situations faced by real leaders. You’ll explore key elements of effective business metrics and gain skills in preparing better predictions. You’ll learn the principles of data analysis and see how they can clarify your view of reality. You’ll then use this information to prepare better forecasts and assess risks.
After you’ve acquired these real-world skills, you’ll discuss and plan how to begin applying what you’ve learned, creating an individualized plan for you to use when you get back on the job.
In this class, you will learn how to:
- Develop organizational skills for translating unorganized data into information critical for your business success
- Learn principles for better assessing risk
- Explore strategies for preparing more accurate forecasts
- Gain skills in validating claims and knowing what questions to ask
- Evaluate your company’s culture to uncover key strengths and identify the dysfunctional elements that destroy profits
- Create team collaboration and alignment
- Explore the uses and limitations of intuition
- Recognize the pitfalls and risks in new business development proposals
- Discover the difference between fact and folklore in your own company
- Assess your current metrics are they holding you back?
- Determine your ability to track progress day-to-day
- Identify important stakeholders and assess your ability to meet their needs
- Gain cycles of learning through in-class workshops involving real leaders facing tough decisions
Business in the 21st Century
Today’s marketplace differs from yesterday’s in several important ways. Faster market cycles, more complex technologies, and leaner operations have all combined to make the margin of error very small on strategic decisions, and placed greater demands on today’s decision maker.
The Opportunity
In business today, exciting new technologies provide you with effortless access to almost unlimited quantities of raw data. Companies with the ability to convert this data into meaningful, actionable information will gain a valuable competitive advantage.
Learning That Creates Value
IIn this learning event, you’ll examine strategies for gaining the information needed to make effective decisions in the time frame required. You’ll look at the best of recent research, gain advice from leading thinkers and examine key decisions from real situations faced by real leaders. You’ll explore key elements of effective business metrics and gain skills in preparing better predictions. You’ll learn the principles of data analysis and see how they can clarify your view of reality. You’ll then use this information to prepare better forecasts and assess risks.
After you’ve acquired these real-world skills, you’ll discuss and plan how to begin applying what you’ve learned, creating an individualized plan for you to use when you get back on the job.
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