Business owners understand the need to learn how to use data analysis to improve their businesses. But how do you do this? This course, led by a business owner with 25+ years of experience in data analysis, will be teach you how to analyze your data and understand what it's telling you. Your data speaks... are you listening to it?
This course will use data to:
Provide you with real-world, hands-on exercises for practice,
Explain why growing businesses often fail due to cash flow,
Determine how to use data to analyze and improve supplier performance,
Conduct a profitability analysis to choose which products to sell or discontinue,
Learn how to to predict inventory demand,
Decide how to prioritize your customers and what to do with this information, and
Learn how to select key performance indicators for your business.
Whether you're a business owner, a business leader, an executive or business analyst, you'll learn how data-driven decisions are made every day in real businesses. You'll hear why some businesses struggle without data knowledge and how they learned to use data to understand the pain points of their businesses.
You'll get to try your hand at performing your own analyses using our case study data. Our case studies have been used in university courses on "managing your business."
This is a practical analysis course that will teach you how to use data to make business decisions about products, customers, suppliers and cost reductions in order to improve the bottom line of your business.
UPDATE: Throughout the year 2021, an additional module is being added to provide simple explanation of how basic statistical tests can be used in real-world applications. Registered students will have access to new content as it is added to this bonus module. A downloadable, statistical reference sheet is also provided.