Description
Information
In this course you will learn how to:
- identify patterns that impact data-driven decision-making
- apply the foundational principles of data-driven decision-making to your own scenarios
- perform essential analyses for making data-driven decisions.
Building Blocks
Reveal the power of data-driven decision-making
Discover the power of data-driven decision making and its transformative impact on modern organisations. Understand the core principles and significance of this approach, and explore real-life examples that highlight its value.
Take your first steps in effective data-based decision-making
Begin your journey by defining the problem at hand. Learn the importance of accurately framing the issue and discover techniques to outline it effectively. Identify key stakeholders whose input is vital for a comprehensive solution.
Appreciate how data can make your decision-making process more effective
Uncover the step-by-step process of making effective decisions guided by data. Navigate through each phase, from problem definition to communication, gaining a holistic view of how data-driven decisions unfold.
Explore the analysis of data and understand its importance
Delve into the heart of data-driven decision-making by analysing and understanding the available data. Develop an analysis plan, gather relevant data, and utilise various tools to dissect and comprehend the information.
Uncover how data analysis can help you to address complex challenges
Explore the analytic problem-solving model (APM) and its integration with data-driven decision making. Understand how the APM framework enhances your ability to address complex challenges through data analysis.
Evaluate your alternatives objectively
Explore the critical phase of evaluating alternatives. Recognise the presence of cognitive biases that can impact your judgement and decision-making process. Learn to identify, assess, and weigh alternatives objectively.
