Data-Driven Decision Making

Introduction:

This 5-day intensive training program by Global Business Minds LTD (GBM) empowers professionals to transform data into actionable insights and drive business growth. Participants will develop a comprehensive understanding of data science methodologies, business intelligence tools, and their application in strategic decision-making.

Training Goals:

By the end of this program, participants will be able to:

• Master data acquisition, cleaning, and preparation techniques
• Apply statistical and machine learning algorithms for data analysis
• Build predictive models and perform data mining
• Utilize business intelligence tools to create interactive dashboards and reports
• Communicate data insights effectively to stakeholders
• Make data-driven decisions that improve business performance

Training Outline:

Day 1: Foundations of Data Science and Business Intelligence

• Introduction to data science and business intelligence
• The role of data in business strategy
• Data lifecycle and management
• Data quality and cleansing

Day 2: Data Exploration and Visualization

• Exploratory data analysis (EDA) techniques
• Data visualization best practices
• Creating interactive dashboards and reports
• Storytelling with data

Day 3: Statistical Analysis and Modeling

• Descriptive and inferential statistics
• Hypothesis testing and statistical significance
• Regression analysis and forecasting
• Time series analysis

Day 4: Machine Learning and Predictive Analytics

• Introduction to machine learning concepts
• Supervised and unsupervised learning algorithms
• Model building and evaluation
• Predictive modeling for business applications

Day 5: Business Intelligence and Decision Making

• Business intelligence tools and platforms
• Data-driven decision-making frameworks
• Case studies and real-world applications
• Ethical considerations in data science and AI

Targeted Audience:

• Business analysts
• Data analysts
• Market research analysts
• Financial analysts
• Managers and executives
• Anyone interested in leveraging data for business advantage

By the end of this training, participants will be equipped to leverage data science and business intelligence to uncover hidden patterns, make informed decisions, and drive competitive advantage for their organizations.