Leading With Analytics: Foundations of Analytic Decision Making
Leading With Analytics: Foundations of Analytic Decision Making
Overview
Who Should Attend
This course is ideal for mid- to senior-level managers and executives from all industry types who seek to create a data-driven culture.
Program Benefits
Improve your ability to
- Assess your organization's data quality, technical architecture, and analytical maturity
- Question and improve data to bring clarity to high-value KPIs
- Empower and leverage technical experts to mine and analyze relevant data
- Develop an analytics ecosystem that encourages a culture of data and synthesizes external data sources and partnerships
Organizations must build business strategies on a foundation of analytics, if they expect to succeed in a world where most other organizations are basing decisions on data.
Dr. Chris Solo,Penn State University
What You Will Learn
This course reveals how all leaders must champion data-backed decision-making at every enterprise level. Penn State professors and business leaders will provide an overview of the strategic, cultural, and technological requirements to integrate analytics seamlessly and successfully. You will learn how to make decisions based on quantifying objectives, articulating the terms, and interpreting the results. To ensure coordination and scalability, you will learn how to foster a 'culture of data'.
In-depth hands-on case studies illustrate the most common operational and strategic challenges. Facilitated interactive discussions encourage students to learn leadership styles from peers across sectors. The course culminates in an in-depth exercise, prompting you to immediately apply leadership tools and techniques, with the support of Penn State professors and business leaders every step of the way.
Determining the value of data
- Exploring applications for descriptive, predictive, and prescriptive analytics
- Ensuring stakeholder buy-in to achieve consistent, clear data
- Proving leadership's role in implementing a culture of data
Improving data quality and management
- Instating data governance best practices including management, reporting, and security
- Coordinate data mining, reporting, and analysis into a consolidating workflow
- Prioritizing Quality Improvement science through a disciplined, focused process
Data-driven decision-making
- Minimizing risk and setting realistic goals through techniques such as regression and forecasting models
- Avoiding common decision-making errors including confirmation bias and sunk cost fallacies
- Leveraging optimizations, simulations, and decision analysis techniques
Fostering a culture of data
- Creating intuitive tools and compelling visualizations that recommend actions for non-technical staff
- Assigning and managing data stewards responsible for data quality
- Facilitating Communities of Practice who incorporate data learning into their activities and interactions
Please note that this is a leadership program that focuses on using data and analytics capabilities to guide strategic, organizational decision-making – and helping your analytical experts generate the most relevant insights to answer critical questions. It is not intended to offer in-depth statistical training or technical approaches – rather it is intended to help you make sense of the data at your disposal for data-driven, problem-centric decision-making.
Value For You and Your Organization
Embracing data is the top-down process that requires recalibrating the organization’s core culture. Often leaders are called to guide teams towards analytics without understanding its principles and potential. This course will provide a firm foundation in theories and applications with a focus on common challenges such as operational readiness, market segmentation, and profitability. Leaders will emerge motivated and prepared to implement data-driven decisions-making throughout their organization.
The Penn State Difference
Efficiently expand your skillset through focused courses tailored to future-oriented professionals.
Extended Learning
Accelerate learning before the course begins by accessing suggested pre-program readings and assignments through your personal learning portal. Continue to master the content after the program by downloading course decks, class recordings, and in-depth exercises.
Practical Lessons
The course illustrates core principles through relevant real-world case studies. You'll explore how organizations from various sectors, sizes, and locations overcome complex business challenges. An emphasis on step-by-step solutions will help you apply the lessons to your own organization.
Expert-led
Learn from Penn State's award-winning faculty, who have years of experience applying academic mastery to global organizations. Professors craft each course by distilling cutting-edge research into an accessible, applicable format. Questions and participation are always encouraged so that you fully leverage their expertise.
Peer Networking
Your classmates will come from all industries, organizational types, and locations, revealing to new perspectives and approaches. Group-based exercises and interactive breakout rooms encourage participants to learn from one another and network across sectors.
Faculty
This course is led by expert faculty, with extensive academic and industry leadership experience, who are committed to sharing unique insights into your organization.
Customize This Program
All programs can be tailored to your organization and team, and be delivered to groups of 10 or more. Contact us about custom program possibilities. Customize Request Info 800-311-6364
Additional Details
Our Learning Solutions Associate will be happy to hold a seat for you in this program. A reservation does not commit you to the program until you submit the registration form online. To reserve your spot, click the ‘Save my Seat’ button next the program’s offering, listed above.
Discount Rates
- 10%: Live Remote delivery
Eligibility
Tuition discounts are available for:
- DoD or government employees
- Penn State alumni
- Individuals who commit to earning a Professional Certificate
- Teams of three or more attending from the same organization
- CSCR Corporate Sponsors and other affiliated groups (with valid discount code)
After registration, you will receive access to your personal learning portal. There you can find the following information:
- Pre-program assignments, which prepare you for the program before the start date
- A list of program faculty and fellow registered participants
- Travel coordination and support, if applicable
Transfers
If an accepted Penn State Executive Programs applicant finds it necessary to transfer to another session of the same program, one transfer will be allowed with no charge if arranged more than six (6) weeks prior. Additional transfers, transfers to a different program, or transfers arranged less than six (6) weeks prior incur a charge of 10% of the current program fee.
The sponsoring company may identify a replacement candidate, but the replacement candidate must be accepted for the program through an admissions review.
Refunds
The following refunds will apply for withdraws if Penn State Executive Programs is notified in writing within the time period stated:
- Full refund with notification received more than six (6) weeks prior to start of the program
- 50% refund with notification received between two (2) and six (6) weeks before the start of the program.
- No refund with notification received two (2) weeks or less prior to the start of program.
Note: The registered participant or their agent must confirm all notification of withdrawals, transfers and substitutions in writing. If written notification is not received, the full program fee will be assessed.
Cancellations
The University may cancel or postpone any course or activity because of insufficient enrollment or other unforeseen circumstances. If a program is canceled or postponed, the University will refund registration fees but cannot be held responsible for any other related charges, or expenses, including cancellation/change charges by airlines or travel agencies. In the case of postponement, as an alternative to a refund, program fees may be transferred to another session of that program.
If you have any questions or concerns about our cancellation policy, please contact us to discuss further.