| Upcoming Sessions | Class Times | Location | Cost | Register |
|---|---|---|---|---|
| October 12, 2016 | 9am to 4pm | Canisius College Campus | $249 |
DESCRIPTION
Business decisions are often driven by experience or opinion, without consideration of the underlying data that organizations have available to them. When the appropriate analysis is performed, historical data often uncovers important trends and opportunities for organizations that can play a crucial role in day-to-day or strategic decisions.
Trends often go undetected when organizations are not aware that the data exists and that there are proven analytical tools to detect issues and opportunities. Add in the use of computers and the misconception that you always need “big data” and sophisticated software for business analytics, many organizations will continue to base decisions on opinion or “business as usual.”
This course will help you identify situations in your organization where data will provide better informed decisions with higher confidence, based on actual results. You will be introduced to analytical tools typically used in quality analysis and understand their importance, apply the tool and concepts, both with and without computing software. You will learn what to consider, when it is appropriate to apply analytics, and the key data sources your organization may already have available. Decisions backed by objective data will help your organization will help contribute to sustainable decision making, more efficient processes, reduce costs, and improve quality.
BENEFITS
In this course, you’ll learn to:
- Understand the process of implementing business analytics, with focus on critical variables, and value of the output
- Quickly identify situations where analytics has a high probability of objectively describing the situation
- Understand proven quality tools to uncover trends in data and provide a sustainable process for continuous measurement and improvement.
- Appreciate the value of data driven decisions versus opinion.
- Identify analytical methods to characterize problems and opportunities. Objectively determine if this situation requires additional investigation.
WHO SHOULD ATTEND
The content in this workshop is designed for small to medium size organizations, yet is easily transferable to any field and size of organization. All are encouraged to attend!
TOPICS COVERED
- Business overview of the purpose of business analytics and how to systematically evaluate existing data
- Use of analytics to discover trends, identify critical data with impact to the organization’s operations and bottom line.
- Quality and other proven analytical tools/concepts for analysis and decision making. Knowing when to use which tool.
- Use of Microsoft Excel and hands-on application experience to identify key areas for further investigation.
- Business application/management using analytics, now that you have data driven answers, how are they implemented with your existing processes.
- Roadblocks, both technical and organizational, with your use of business analytics
- Opportunities for more advance data collection and analysis
- Survey of affordable web/cloud based business analytics software for businesses of all sizes.