course | Data-Based Decisions Making

Overview of Data-Driven Decision Making
 

• What Is Data-Driven Decision Making?
• The Decision-Making Process
• Data-Driven Decision Making and the APM

How Data Helps in Decision Making
 

• The different types of data are most important to managers and leaders
• Key data-related concept
• Data quality
• Interoperability
• Data security
• Using data to improve organizational operations through better planning, marketing, production, and more
• How companies use data to build new products and services in various sectors
• Relevant, high-value sources for government, business, and NGO datasets
• Customer segments and personas to identify opportunities for data-driven decision making
• Value proposition canvas for using data to achieve organizational goals

Analytic and data publishing tools
 

• Machine Learning and Data Analytics
• Data-Centric Approach to Business
• Predictive Modeling for Decision Making
• Causal Modeling and Measuring Impact
• Artificial Intelligence and Deployment of Solutions in Business
• Decision Modeling and Computation
• Dynamic Decision Making under Uncertainty
• Algorithmic Decision Making
• Risk Analysis and Mitigation
• Contract Design and Negotiation Analysis

Defining the Problem
 

• Define the Problem
• Identifying Stakeholders
• Developing the Questions
• Identifying Risk and Uncertainty

Analyzing and Understanding the Data
 

• Conduct Analysis
• Creating an Analysis Plan
• Gathering Data
• Analyze Data

Evaluating the Alternatives
 

• Evaluate
• Identify Alternatives
• Cognitive Bias
• Evaluate Alternatives

Communicating the Decision
 

• Planning the Communication
• Defining the Communication Goal
• Communicating the Decision
• Revisiting the General Decision Support Model