Zigya Academy Program | Decision Making Using Data

ZIGYA ACADEMY
BEING RELEVANT

Foundation Programs

Optimal decision-making requires trade-off analysis; justification of the allocation of scarce financial resources to attain performance goals; and evaluation of policies for organizational benefit. This process can be daunting if your actions aren’t root

Basic Programs

provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission

Advanced Programs

provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission principles, best practices, and powerful tools.

Bootcamp Programs

provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission

Specialization Programs

provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission.

Certification Programs

provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission

Expert Programs

Expert program is well suited to businesses and individuals who provide retail services and support to clients, implement point of sale and retail management systems, or are IT or Apple specialists. But anyone interested in expanding their services portfolio, earning revenue share, and providing ongoing support to retail clients is invited to apply.

Decision Making Using Data

Sound business strategy requires robust data. However, raw data can only go so far without effective interpretation and analysis to inform decision-making. You will apply a data-driven process to decision-making while considering both the larger business context around risk and uncertainty and the organizational factors that influence stakeholder acceptance of data-driven conclusions. Relevant examples will help you learn to arrive at decisions individually, as a team, or as an organization—while maintaining a strategic lens that supports overarching goals.

  • Category

    Foundation

    Delivery

    Class Room | Online
  • Availability

    Individual | Group

    Duration

    18 hours

Methodology

Participative Lectures
Concept and Visual Presentations
Role Plays
Real World Examples
Periodic Assignments
  • Topics
    Program Topics
  • Objectives
    Learning Objectives

Overview of Data-Driven Decision Making

Using Data to Make Decisions Decision-Making Model

Decision Drivers

Defining Data Problems Risk and Uncertainty of Decisions

Analyzing Data for Decisions

Creating an Analysis Plan Data Analysis Tools

Determining Alternatives and Presenting the Decision

Evaluating Alternatives Communicating Your Decision

Who should take this course

It is critical to integrate data analysis into the decision-making process within an organization. Participants who take this course will be individuals who gather and analyze data, as well as individuals who make decisions based on data gathered by others. This course will develop the skills necessary to incorporate the results of data analysis within the decision-making process.