What are Data-Driven Organizations / Understanding the Cycle to Become More Data-Driven / The 5 evolution stages of a data-driven company / The 3 pillars of Data-Driven Organizations / The role of KPIs in data-driven decision making / How to become a Data-Driven Organization / The benefits of Data-Driven Decision Making / Common pitfalls of Data-Driven Decision Making
In this tutorial, you will learn:
Part 1: What are Data-Driven Organizations
Part 2: Understanding the Cycle to Become More Data-Driven
- Tech Savvy (Data creation and Integration)
- Data Fluency (Business Intelligence and Analytics)
- Data Literacy (Decision Management)
Part 3: The 5 evolution stages of a data-driven company
- Data-resistant
- Data-curious
- Data-aware
- Data-savvy
- Data-driven
Part 4: The 3 pillars of Data-Driven Organizations
- PEOPLE
- PROCESS
- TECHNOLOGY
Part 5: The role of KPIs in data-driven decision making
- Financial Health
- Marketing effectiveness
- Human Resources
- Customer service
- IT performance
Part 6: How to become a Data-Driven Organization
- Cultivating a Data-Centric Culture
- Purchasing the right tools
- Industrializing Data and Artificial Intelligence
- Opening up Data Access
- Becoming Data Literate
- Adopting a Continuous Improvement Approach
- Aligning Data with Business Objectives
- Making the Right Decisions
Part 7: The benefits of Data-Driven Decision Making
- Reduce costs
- Increased Speed of Decision Making
- Stimulate Continuous Improvement
- Shift How Teams Make Decisions
- More Confident Decision Making
Part 8: Common pitfalls of Data-Driven Decision Making
- Different Types of Data
- Low Quality Data
- Not Using Visualization Techniques
- Lack of Education
- Aiming Big
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