XCOM-740 - Data-driven Decision Making
Course Description
Data-Driven Decision Making teaches the primary skills decision makers need in order to make data-informed decisions.
This course will provide professional learners with a comprehensive understanding of how data-driven thinking can be used to build long-term organizational success and guide strategic decisions in every functional role. You will develop a conceptual understanding of data analysis techniques and apply lessons learned during hands-on activities.
You will learn how to properly communicate data requests as well as how to overcome the challenges posed by inherent assumptions and risks. The ethical implications of making data-driven decisions will be explored.
---------------------
Self-directed Learning Plus (SDL+) courses are learning experiences designed by Georgetown University instructional designers to maximize flexibility for your weekly learning schedule, while also providing opportunities for real time engagement and networking with our faculty and other professional learners.
There is a required 1-hour Zoom class session each week. Professional learners who cannot attend the class session will have the opportunity to earn credit by watching the recorded video and responding to discussion questions.
In order to maintain flexibility, the dates/time of the one-hour weekly zoom lesson will be confirmed at the start of the first session, and will depend upon the location of the professional learners in that cohort.
---------------------
A Georgetown University Certificate in Data-driven Decision Making will be issued to professional learners who successfully complete XCOM-740.
Course Outline
Topics:
Module 1:
- The origin and ubiquitousness of data.
- The data, information, and knowledge continuum
- Different types of analytics
- Recognizing deceit in data visualizations
- Using data to make informed decisions
- Examine business cases on data-driven decision making
Module 2:
- Formulate requests so that they answer your questions and fulfill your needs
- How to avoid binary decisions
- How to obtain decision support
- Asking for likelihoods and use these to assess your risk
- Understanding correlation versus causation
Course Objectives
Upon successful completion of the certificate, you’ll be able to:
- Identify data and its impact on personal and business activities
- Interpret charts and identify misuses
- Make informed decisions using data
- Perform interactive analysis using simulated business data
- Formulate a data request to inform specific decisions
- Promote honest assessment of data analysis
- Question assumptions when making decisions
- Assess risk when making decisions
- Discuss the ethical implications of the interpretation of data
Applies Towards the Following Certificates
- Certificate in Data-Driven Decision Making : Required