Using Data to Influence Business Decisions

We don't just generate information for the sake of it; we generate it so that it can be used to make evidence-based decisions. But in order to do that effectively, we need to understand (a) the type of decision-making scenario we are in; and (b) how to align our data analysis and presentation plan with that scenario.

Description

Please note, this event has a very limited capacity, and we are expecting high demand. This training course will take place across two days, with the first session running from 09:30 to 12:45 on Tuesday 24 February, and the second session running from 09:30 to 12:45 on Tuesday 24 February. 

Please only sign up if you can attend both days. 

 

Session Description

We don't just generate information for the sake of it; we generate it so that it can be used to make evidence-based decisions. But in order to do that effectively, we need to understand (a) the type of decision-making scenario we are in; and (b) how to align our data analysis and presentation plan with that scenario.

24 February

Day 1 - Part A
Four decision-making scenarios

The first session of the course introduces the four decision-making scenarios: exploredecideact and monitor. We go through pre-prepared case study examples of data being analysed and presented in each scenario, before introducing the main case study which we use for the rest of the course.

Day 1 - Part B
Explore scenarios

You know you're in an Explore scenario because it's the only scenario in which decision-makers are prepared to admit their ignorance! Their minds are open for data to reveal new insights. Yes, there may be some preconceptions, some pre-existing biases, but—in general—decision-makers in Explore scenarios are more amenable to being swayed by the data argument. So in the second session of the course we talk about the techniques you need to employ in order to move your audience from 'low understanding' to 'high understanding' by introducing them to a series of datagraphics.

26 February

Day 2 - Part C
Decide scenarios

If Explore scenarios are often characterized by their informality, Decide scenarios are often more formal affairs: directorate meetings, committee meetings, board meetings. And their purpose is more focused: we often find ourselves presenting options in Decide scenarios. And we often find ourselves having to show the results of some 'what if' modelling.

Day 2 - Part D
Act scenarios and Monitor scenarios

In the final session of the course we go through examples of how we'd present data when the questions we are trying to answer are "Did a change occur? And was it a 'real' change?" and "Is this indicator's trajectory stable, even though it appears to be varying quite a bit from point to point?"