Analysing and Managing Key Data

Description

Data Data Everywhere – For what purpose? Which data is crucial to driving your organisation? How do we Analyse data to drive improvements?

Organisations generally collect enormous amounts of data. However, what data or information is really needed? How do we present the data that we have collected so that it is openly available and can be understood and used to drive the business? Is the data collected driving change?

Structure of the Course

This one-day workshop will enable participants to gain the necessary skills to collect, analyse and present data in an understanding and meaningful way and assist the decision-making process.

It looks at how to translate data into useful and meaningful information that can contribute towards real problem solving, effective performance indicators, leading to the development of effective KPI’s, among others.

Alternatively, if an organisation is in the process of selecting data collection methods and appropriate analysis, then this workshop will also help.

Data analysis skills are essential to providing honest and accurate analysis, determining statistical significance, reliability, and validity on which to base their decisions, whether it is to improve quality, profitability, efficiency, or competitiveness.

Improper statistical analyses distort findings and can mislead or negatively influence decision-making and the perception of the data collected. The correct analysis of data is a process of systematically applying statistical and / or logical techniques to describe and illustrate, condense, and recap, and evaluate data so that it can be used effectively. This workshop provides essential learning for staff at all levels of the organisation.

Course content:

1. Data Types

2. Data Collection

3. Data Input into Spreadsheet

4. Determination of Basic Descriptive Statistics

5. Graphical Analysis

6. Determination of Relationships between Factors

7. Use of Data in Decision Making

8. Establishment of Key Performance Indicators

9. Determination of Data Reliability

10. Summary

Who would benefit from this Approach?

Anyone who collects, manages, analyses and uses data to drive business performance.

Delivery

Cost

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