Blog Archives

Data for Decision Making – Online/Asynchronous

Data for Decision Making is an online, asynchronous program with the flexibility for participants to start and complete the program on their own time. It focuses on the business leader using data and its hidden secrets to make and communicate better business decisions.

XLC recommends completing the program in 3 weeks. Access to the program will expire after 6 months.

Description

This program is designed to familiarize participants with basic statistical tools, methods, and techniques used to transform raw data into actionable information. This information is used to support and validate business decisions. Using the vast array of data available in and outside an organization paired with basic statistical knowledge, leaders can predict trends and make decisions while assessing risk. This gives leaders a greater opportunity for them to outpace their competitors.

Audience

Data for Decision Making is designed for managers and emerging leaders who strive to lead others and make organizational decisions based on actual data.

Outcome

Participants will walk away with these skills:

  • Using statistical methods to create, analyze, and transform data into information used in business decision making
  • Describing data using tools to measure central tendency and dispersion
  • Employing systems to describe data using levels of confidence and interpret confidence intervals
  • Using Excel to complete statistical data analyses including normal distribution functions and linear regression

Venue

Online

Storytelling with Data

Data is needed to make smart and appropriate business decisions. However, if data is not presented in a compelling way, the decisions can be undermined.

Description

Data provides the foundation for making smart and appropriate choices in many contexts. However, it is not unusual for managers to be overwhelmed by the amount of available data within their organization and the marketplace. To tell an effective, data-inspired story, it is important to know the intended audience and present the most applicable information in the most effective way.

This session will begin by helping participants understand what questions need to be addressed and discerning what data is relevant to answer those questions. Then, the program will focus on what makes a story convincing and how to adapt stories to the needs of different audiences. This will be followed by applying that understanding to create powerful, data-driven stories that will change mindsets and facilitate the right business choices. Participants will also explore the interpretation of data and ensure that data is used accurately and completely.

Audience

Professionals in any industry wanting to improve data-driven storytelling practices.

Outcomes

Participants will walk away with these skills:

  • Discovering the end objective that needs to be assessed
  • Identifying the data that best informs the end objective
  • Clarifying how to interpret the collected data
  • Understanding the audience and how they need to receive information
  • Translating the data into an effective story for the target audience
  • Incorporating relevant visuals to support the story behind the data

Venue

Cintas Center
1624 Musketeer Drive
Cincinnati, 45207 United States + Google Map
Phone:
513-745-1094