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SkillSoft Explore Course

Collections     Digital Transformation     Data-driven Decision Making

Framing opportunities for effective data-driven decision making involves documenting a specific opportunity and desired business outcome. This helps to ensure that you focus resources on the right analysis, at the right time, and with the right approach. In this course, you will learn how to frame a problem by asking the right questions. You'll also learn about identifying and testing assumptions. Finally, you'll learn how to create an effective problem statement. This course was developed with subject matter provided by the International Institute for Analytics.  (www.iianalytics.com)



Objectives

Framing Opportunities for Effective Data-driven Decision Making

  • discover the subject areas that will be covered in this course
  • identify the steps you take to ensure your decision making is data driven
  • identify the right questions to ask to narrow down the problem
  • recognize the steps for testing and validating assumptions
  • identify the steps to create an initial problem statement
  • recognize the key activities for refining and finalizing problem statements
  • Knowledge Check: Taking Action to Frame Opportunities for Effective Data-driven Decision Making