By the end of this course, learners are prepared to identify and test the best solutions for improving performance and integrating concepts from operational excellence methodologies for optimum data-driven decision making. The course begins with a focus on deciphering the root cause of problems through a variety of tools before determining and assessing best-fit solutions. Learners discover how to apply ISO, Lean and Six Sigma in the pursuit of aligning organizational operations data with performance standards. Hospitality, manufacturing and e-commerce case studies help illustrate how to build data literacy while ensuring privacy and data ethics measures are in place.
Applied Analytics and Data for Decision Making
This course is part of Data-Driven Decision Making (DDDM) Specialization
Instructors: Akshay Sivadas
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(109 reviews)
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What you'll learn
Describe techniques to Identify root causes of variation and tools for evaluating potential solutions
Apply the Design of Experiments (DOE) technique to test improvement options
Evaluate, for a specific organization, which operational excellence methodology provides the maximum value
Explain how to foster a culture of data literacy
Skills you'll gain
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There are 4 modules in this course
This module guides learners through identifying the root causes for variation, and testing possible solutions.
What's included
4 videos5 readings1 assignment
This module prepares you to align an organization’s operations data to its performance standards to achieve operational excellence.
What's included
5 videos4 readings1 assignment
This module offers case examples of data-driven decision making in practice, and discusses how corporate culture relates to the success of such initiatives.
What's included
6 videos5 readings1 assignment
This module provides an opportunity to bridge theory and practice. Learners apply knowledge from this course to solve a business problem.
What's included
1 video1 reading1 peer review1 discussion prompt
Instructors
Recommended if you're interested in Business Strategy
University of Pennsylvania
Rice University
O.P. Jindal Global University
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Reviewed on Sep 26, 2022
It is a hepful course for me that i learned investment analysis that will help me to work with reducing investment risks and making decision based on data.
Reviewed on Oct 10, 2021
Bastante útil, se aprenden diversas estrategias y/o prácticas para mejorar procesos en cualquier organización
Reviewed on Jan 30, 2022
This course very helpful in understanding the process of decision making
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