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Data-Driven Decision Making

Description

This two-day elective course will focus on developing the skills needed to make an educated decision based on available data. This class will cover how increased access to data-based information can help you make better decisions backed by hard data points. You learn how to make decisions based on available data and how data tends to “paint a picture” for a decision’s consequence. You will also discuss how to account for missing or inaccurate data, and the importance of reviewing new data after a decision is implemented.

Learning Objectives

  • Define data-driven decision making
  • Learn how to analyze data for decision making
  • Evaluate the importance of data and the increasing role it has in decision making
  • Discuss the application of data-driven decision making in your field
  • Learn how to account for factors that may not appear in data, and how to incorporate those factors into the decision-making process
  • Practice analyzing outcomes after making a decision, and evaluating if it was the correct decision based off of follow-up data.

Course ID

DDDM-EL

Length

2 Days

CLPs

16

PDUs

16

Modality

In-person

Virtual

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Stay in the loop with special offers, educational content, and more.

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© 2024 Business Management Research Associates, Inc. | All Rights Reserved

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