Foundations of Analytics Literacy
Everyone
- 8 videos | 34m 5s
- Includes Assessment
- Earns a Badge
- CPE
In today's data-driven world, understanding and leveraging analytics is essential for every business professional. This course is designed to equip you with the knowledge needed to foster an analytical culture that drives digital transformation in your organization. In this course, you'll learn about the value of analytics literacy, including its benefits for both individuals and organizations. You'll also learn about the different types of analytics - descriptive, diagnostic, predictive, and prescriptive - and how each type informs business decision-making. You'll discover the key steps in developing effective analytics solutions, the common tools and technologies used in the development process, and the stages of business analytics application advancement. Finally, you'll explore common pitfalls and how to avoid them, and learn best practices for fostering an analytical culture, engaging stakeholders, and promoting data-driven decision-making.
WHAT YOU WILL LEARN
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Discover the key concepts covered in this course
Recognize the benefits of building your analytics literacy
Distinguish between types of analytics
Sequence the steps in the analytics development process -
Identify the stages of business analytics application advancement
Recognize the most common mistakes in using analytics
Recognize best practices for establishing and supporting an analytical organizational culture
Summarize the key concepts covered in this course
IN THIS COURSE
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1m 43sIn today's data-driven world, understanding and leveraging analytics is essential for every business professional. In this video, you'll be introduced to the key concepts that will be covered in this course. FREE ACCESS
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4m 47sRecognizing the value of analytics literacy is crucial for driving digital transformation in any organization. Building this literacy enhances strategic decision-making and fosters a culture that values data-driven insights. In this video, you'll discover the benefits of developing analytics literacy for both individuals and organizations, understand how it supports strategic objectives, and explore how it contributes to creating a data-centric culture. FREE ACCESS
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3. Understanding the Types of Analytics5m 57sDifferent types of analytics play different and unique roles in business decision-making, making it essential to understand their specific applications. In this video, you'll learn about the different types of analytics, appropriate use cases for each type, and how different types inform various aspects of business decisions. FREE ACCESS
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4. Developing Analytics4m 46sDeveloping effective analytics solutions is pivotal for aligning with business objectives and driving success. In this video, you'll learn about the key steps involved in the analytics development lifecycle, from data collection to interpretation. You'll also discover best practices for creating impactful analytics solutions and familiarize yourself with common analytics tools and technologies. FREE ACCESS
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5. Advancing Business Analytics Applications4m 6sAdvancing your organization's analytics applications can lead to significant improvements and efficiencies. In this video, you'll learn about the stages and strategies for enhancing analytics applications within your organization and areas where analytics can drive improvements. FREE ACCESS
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6. Avoiding Analytics Pitfalls5m 48sEven the most well-planned analytics projects can face challenges and pitfalls. In this video, you'll learn about common mistakes in using analytics, ways to assess analytics outputs to avoid misinterpretation and misuse of data, and strategies to mitigate risks associated with analytics initiatives. FREE ACCESS
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7. Encouraging an Analytical Culture5m 18sFostering an analytical culture is key to sustaining digital transformation and driving data-driven decision-making. In this video, you'll explore best practices for establishing and supporting an analytical culture within your organization. You'll learn about ways to collaborate and communicate effectively around data-driven insights and the importance of engaging and motivating stakeholders at all levels to support an analytics-driven approach. FREE ACCESS
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8. Course Summary1m 39sIn this video, you'll review and reflect on what you've learned in the course Analytics Literacy for Business Professionals. FREE ACCESS
EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.
