Leading and Transforming your Organisation with Data Analytics

Leading and Transforming your Organisation with Data Analytics

Discover why analytics is not just a data scientist’s problem, but every leader’s problem, with the SCHSBM Executive Education’s Leading and Transforming your Organisation with Data Analytics. The rapid pace at which data is generated has placed significant pressure on organisations to capture this data and make informed decisions based on the insights derived from this data. This, along with the need to remain at the forefront of the competition, has forced organisations to employ analytics to drive strategic business decisions.

However, more data does not equate to better outcomes. Rather, the way in which this data is used is critical to attaining meaningful data insights. Learn how good decisions are the result of careful planning, anticipating the complexity of real-world optimisation problems, and integrating your domain expertise with analytics.

“Analytics is not just a data scientist’s problem, but every leader’s problem. To remain competitive, organizations must use data analytics to drive strategic business decisions. As a leader, it is essential to understand the benefits of data analytics and how to use it effectively to gain valuable insights and make informed decisions.”

Learning Objectives

The goals of the programme are to:

  • Enhance their understanding of data science and data analytics.
  • Judge what good analytics looks like.
  • Leverage analytics to solve complex business problems and make evidence-based decisions.
  • Drive business results using powerful data analytics tools.
  • Tell a persuasive story with data visualisation tools.
  • Integrate data driven decision-making in their role in the organisation.

Course Duration

June 10th – June 14th , 2024

Registration

Open

Location

SCHSBM, Barbados

Modality

Virtual

Cost

  • US $2,400.00 – Regular fee
  • US $2,100.00 – Early bird fee

Early Bird Deadline:

10th March 2024

Application Deadline:

June 2nd 2023

Certificate awarded:

Certificate of Completion

Upcoming Programmes

  • Finance for Non-Finance Managers
  • HR Essentials for Supervisors and Managers
  • Professional Business Etiquette for Success in the Workplace
  • Stock Market Investing 101

Contact Us Today

1 (246) 424 – 7731
chsb@cavehill.uwi.edu

Social Info

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Completion Landmarks

On successful completion of the programme, delegates will be able to:

  • Distinguish good analytics from bad analytics.
  • Analyse data using statistical and data analytic tools and techniques
  • Analyse data trends and patterns to inform future business decisions.
  • Translate data-driven insights into actionable decisions.
  • Build a data driven culture in their organisation.
  • Implement a data driven decision-making process across their organisation.

Programme Schedule By Day

Programme Schedule For Day 1

Morning

◊ The Importance of Data Analytics in Business Decision-Making

◊ Ways that Analytics Creates Value

◊ Applications of Data Analytics in Business Decision-Making

 

Afternoon

◊ Data Driven Decision-Making 

  • The Process of Data driven Decision Making
  • Data Strategy and Key Performance Indicators (KPIs)
  • Minimising Risk and Setting Realistic Goals Using Regression and Forecasting Models
  • Avoiding Common Decision Making Errors including Confirmation Bias
  • Leveraging Optimisations, Simulations, and Decision Analysis Techniques

◊ The Data Analytics Lifecycle

◊ Types of Data

Programme Schedule For Day 2

Morning

◊ Data Preparation and Cleaning

Hands-on Session

◊ Types of Data Analytics and Statistical Concepts in an Applied Business Context

◊ How to Distinguish Good Analytics from Bad Analytics

Afternoon

◊ Descriptive Analytics in Action

◊ Investigate topics including Maximum Likelihood Estimation, Outliers and Standard Deviations

◊ Explore topics including Associations, Statistical Inferences and Linear Regression

Programme Schedule For Day 3

Morning

◊ Predictive Analytics: Tools for Decision Making

    • Journey into Predictive Analytics through Exploration of Multiple Regression, Nonlinear Regression, Forecasting, Classification Analysis, and Cluster Analysis
    • Hands-on Session

Afternoon

◊ Prescriptive Analytics

    • Learn how to Analyse Data to make Informed Business Decisions using Linear Programming and how to Address Optimisation Problems using Excel Solver and Modeling
    • Simulation

Programme Schedule For Day 4

Morning

◊ Prescriptive Analytics cont’d

Afternoon

◊ Data Visualisation: Empowering Organisations with Effective Business Insights

    • Data Visualisation for Decision Making
    • Data Visualisation Tools
    • Creating Different Graphs and Chart Types

Programme Schedule For Day 5

Morning

◊ Data Visualisation: Empowering Organisations with Effective Business Insights

◊ How to Apply Effective Storytelling Techniques in a Business Context

Afternoon

◊ How to Translate Data-Driven Insights into Actionable Business Decisions

◊ Data Analytics Simulation: Strategic Decision Making

Why Study Here?

Leading and Transforming your Organisation with Data Analytics, a course offered by SCHSBM Executive Education, provides leaders with the tools and knowledge necessary to integrate analytics into their decision-making processes. This course teaches leaders how to anticipate the complexity of real-world optimization problems, integrate domain expertise with analytics, and plan carefully to achieve the best outcomes.

As a leader, it is essential to understand the benefits of data analytics and how to use it effectively to gain valuable insights and make informed decisions. The SCHSBM Executive Education’s Leading and Transforming your Organisation with Data Analytics course can help leaders acquire the necessary skills and knowledge to integrate analytics into their decision-making processes and drive growth and profitability.

Don’t miss out on this opportunity to learn from experienced industry professionals and connect with like-minded individuals. Register now and take the first step towards becoming a more successful and resilient leader. Don’t wait any longer, take action today and invest in your career growth!