As more organizations aim to harness the power of data-driven decisions, the demand has soared for data-literate professionals who can dive into and analyze data. In this hands-on course, you will learn the foundational skills to robustly analyze business data and become a valued data detective.
Many find the prospect of gaining data literacy skills intimidating as they assume that learning advanced statistics is required—not true!
In this class, you will learn all the fundamentals of robustly analyzing business data using Excel. No fancy Excel functions or complex calculations are required—I promise!
I will teach you a tool as simple as it is powerful: the process behavior chart. The process behavior chart is a visual tool uniquely suited for the data detective;itallows you to answer questions such as:
- Given historical business performance, what should we reasonably expect to see in the future?
- We’ve implemented a new business initiative (e.g., an incentive plan). Is the initiative really working?
- Is the business performance of Division A actually superior to the business performance of Division B?
With your newly acquired skills you will be positioned to become not only a data-literate detective but also a trusted advisor providing rigorous, compelling insights into the multitude of KPIs, dashboards, and scorecards so common in today’s organizations.
Want to know the best part? No programming or difficult mathematics are required!
You Will Learn
- Basic data concepts: summaries and visualizations
- Why business data often requires a different style of analysis
- Data analysis fundamentals
- The process behavior chart
- How to build process behavior charts in Excel
- How to rigorously identify trends/patterns in business data
- How to rigorously compare groups/collections of business data
- How to communicate your insights effectively
- Additional resources to extend your learning
- Business/data analysts, database developers, BI/report developers, managers, and anyone else interested in developing their data literacy
No skills in programming or statistics are required. I make no assumptions about your level of data literacy!
In this virtual session, the instructor will teach you principles and practices, show you how to use the tools, and demonstrate with live examples. You will receive installation instructions and take-home workshop materials to complete hands-on exercises on your own, after the live session.
Completion of take-home workshop exercises will require Microsoft Excel