EdX

Making Evidence-Based Strategic Decisions (edX)

Making Evidence-Based Strategic Decisions (edX)

Drive alignment among managers, employees and the organizational goals through data analytics and data products. This course on digital transformation will show you how to turn your organization into a decision-making factory. What makes a good business decision? How can we combine effective data analytics and feed robust foresight and scenario planning processes?

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

We need to rethink the organization, and see it as essentially a “decision factory.” Like a factory, employees at all levels make or contribute to decisions that, taken together, gives the organization the competitive edge in the marketplace. The news media is filled with stories of how a minor decision has major ramifications on the organization. In this course, we will learn how to train organizational members to effectively data products in their business decisions.
Digital organizations capture an enormous amount of data. Knowing how to mine and refine that data for strategic decision making effectively is what will separate the winners from the losers. As the business guru, Dr. Roger L. Martin, wrote in a 2013 Harvard Business Review article, knowledge workers turn the "raw material" of data into decisions. Decision-makers need the best data to make the best decisions.
This course will help your organization inventory the decisions its customers, employees, and leaders make and their data needs. We will discuss how to make good decisions and build quality data creation processes. You will also learn how to work with incomplete or ambiguous data and how to learn effectively from experience.
We will close out the course by examining two recent trends in data analytics. The first trend is the use of low-code/no-code tools by non-technical employees to create data applications. We will discuss best practices for creating low-code/no-code applications while providing a robust data infrastructure for the apps.
The second trend is the use of artificial intelligence (A.I.) and robotic process automation (RPA) in data analytics. We will examine the use of these tools, along with two of the most popular advanced data analysis tools: R and Microsoft's Power Platform.
This course is a high-level view of topics that we will explore in greater depth in the Architect certification portion of this program.

What you'll learn

  • What makes a good business decision - foresight and scenario plannin
  • Why and how are digital enterprises decision factories?
  • Training organizational members to effectively use the data products in their business decisions
  • Using low-code/no-code tools in building data analytics products
  • Using artificial intelligence tools in building data analytics projects

This course is part of the Transforming Your Company’s Data Analytics: Championing the Digital Enterprise Professional Certificate

Syllabus

Week One - Decision Factories
Module One - Your Organization as a Decision Factory
Module Two - What Kind of Decisions Do Your Customers Make?
Module Three - What Kind of Decisions Do Your Employees Make?
Module Four - What Kind of Decisions Do Your Leaders Make?
Module Five - Porter's Five Forces Model and Your Decision Factory

Week Two - Data-Enabled Decision Making
Module One - What is Good Decision Making?
Module Two - Using Data in Making Decisions
Module Three - What is Good Data?
Module Four - Decision Making with Incomplete and Ambiguous Data
Module Five - Learning from Experience

Week Three - Low-Code/No-Code Tools for Data Analytics Products
Module One - The Low-Code/No-Code Revolution
Module Two - Survey of Low-Code/No-Code Tools
Module Three - Practicum: Building a Low-Code/No-Code Application (Part One)
Module Four - Practicum: Building a Low-Code/No-Code Application (Part Two)
Module Five - Building the Data Infrastructure for Low-Code/No-Code Applications

Week Four - Artificial Intelligence in Data Analytics
Module One - How is A.I. used in Data Analytics
Module Two - Big Data and Deep Learning
Module Three - Robotic Process Automation
Module Four - Data Analytics Software: R
Module Five - Data Analytics Software: Microsoft Power Platform

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Thinking & Acting like an Entrepreneur (edX) EdX
RWTH Aachen,RWTHx

Thinking & Acting like an Entrepreneur (edX)

Discover the entrepreneur inside of you – learn what it takes to turn an idea into a real business and how to put this approach to use within your own company. All of today’s well-known companies got started the exact same way: as an idea within someone’s head. While the idea itself is an important prerequisite for success, it was rather what these individuals did with it that enabled them to become the success that they are today. You can learn to think and act like these innovators too.

Self Paced
Self-Paced
Gobernanza de datos personales en la era digital (edX) EdX
The Pontificia Universidad Javeriana,JaverianaX

Gobernanza de datos personales en la era digital (edX)

Law

Aprende qué es la gobernanza de datos personales y desarrolla habilidades para diseñar e implementar leyes y políticas públicas en materia de datos personales en la era digital. Este curso en línea te ayudará a comprender qué es la gobernanza de datos, los criterios que deben tener en cuenta quienes formulan política públicas al momento de redactar o desarrollar leyes, regulaciones o políticas en materia de protección de datos y privacidad, así como aspectos prácticos de los programas de gobernanza de datos.

Self Paced
Self-Paced
Financial Analysis for Decision Making (edX) EdX
Babson College

Financial Analysis for Decision Making (edX)

Learn how to analyze business opportunities for their financial viability and secure funding to start and grow your business. How do you find the money necessary to effectively manage your business? How do you know if a business opportunity is worthwhile? When should you invest in a stock, bond or company? Do you fear the financial side of growing your organization?

Self Paced
Self-Paced
Data for Effective Policy Making (edX) EdX
Inter-American Development Bank - IDB,IDBx

Data for Effective Policy Making (edX)

Take control of data and gain a better understanding of the tools used in public policy planning, management, and evaluation. In this age of information, data is available everywhere and grows at an exponential rate. How can we make sense of all this data? How do we take advantage of data when making decisions? How do we use data to help us guide the management and planning of our policies?

Self Paced
Self-Paced
AI in Practice: Preparing for AI (edX) EdX
Delft University of Technology,DelftX

AI in Practice: Preparing for AI (edX)

Learn to recognize and understand the implications of Artificial Intelligence for organizations, and the importance of compliance and ethics when AI is applied in practice. This course is not about difficult algorithms and complex programming; it is a course for anyone interested in learning about the benefits and implications of AI when applied in practical settings.

Self Paced
Self-Paced
Data Science Ethics (edX) EdX
University of Michigan,MichiganX

Data Science Ethics (edX)

Learn how to think through the ethics surrounding privacy, data sharing, and algorithmic decision-making. As patients, we care about the privacy of our medical record; but as patients, we also wish to benefit from the analysis of data in medical records. As citizens, we want a fair trial before being punished for a crime; but as citizens, we want to stop terrorists before they attack us. As decision-makers, we value the advice we get from data-driven algorithms; but as decision-makers, we also worry about unintended bias.

Self Paced
Self-Paced
Essentials of Genomics and Biomedical Informatics (edX) EdX
IsraelX

Essentials of Genomics and Biomedical Informatics (edX)

This course presents clinicians and digital health enthusiasts with an overview of the data revolution in medicine and how to exploit it for research and in the clinic. The course will not make you a bioinformatician but will introduce the main concepts, tools, algorithms, and databases in this field.

Self Paced
5-12 Weeks
Estadística Aplicada a los Negocios (edX) EdX
Galileo University,GalileoX

Estadística Aplicada a los Negocios (edX)

Aprende las principales herramientas y técnicas de la estadística descriptiva y la estadística inferencial para analizar e interpretar datos desde la perspectiva de negocios facilitando la toma de decisiones. Este curso proporciona una introducción al análisis de datos en base a las principales herramientas estadísticas, enfocándose en la estadística descriptiva y la estadística inferencial.

Self Paced
Self-Paced
Influence Essentials for Leadership and Marketing (edX) EdX
State Bank of India - SBI

Influence Essentials for Leadership and Marketing (edX)

Discover ‘Influence’– the attribute that can affect emotions and sway individual or group actions. Recognize the subtleties of this attribute and develop the skill to use this understanding to manage people and market to people. Influence plays an important role in nurturing human thoughts, ideas, and concepts. As children, we are influenced by our parents, teachers, and friends. As we grow up, peer influence and other external influences play an important role in our decision making.

Self Paced
Self-Paced
Critical Development Perspectives (edX) EdX
University of Queensland,UQx

Critical Development Perspectives (edX)

Gain insight into the different perspectives and trends facing development workers to lead more effectively across sectors and organizations. There are many approaches and perspectives about what is most important within the development sector. Some practitioners argue that basic water and sanitation is essential to good development, others push for women’s economic empowerment. Others still believe that good governance and institutions are the driving factor to sustainable development.

Self Paced
Self-Paced