Data-driven decision making

Important to know:
The course video is English with Romanian subtitles and test questions are in Romanian.

Overview

Organizations around the world are now realizing the many benefits of using data to reorganize business strategies and gain a competitive advantage. However, database decision-making does not mean that you have to ignore past intuition or experience. In fact, when used in combination with business skills, database decisions can be a powerful tool for change. In this course, you will learn about the benefits of making decisions based on data. You will explore good practices for using a balanced approach to decisions that are not based on a single perspective. You will also learn how to avoid the common mistakes associated with using data to make informed decisions.

Objectives

• Identify the benefits of data-driven decision-making

• Recognize the questions to ask when thinking critically about data

• Identify how to create a database-based decision-making culture in an organization

• Identify the stages of data-driven decision-making • Identify the good ones data-driven decision-making practices

• describe how you can avoid mistakes in data-based decision-making