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This plan includes
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HD Video Recorded Lectures- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
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- Cancel Anytime
What you'll learn?
- Principles of Process Management
- An Introduction to Performance Data - Tools for Data Analysis that works
- Understanding Variation
- The Control Chart: Highlighting Variation in Data
- Control Chart Special Cases
- Interpreting the Control Chart
- Strategies to deal with Special Cause and Common Cause Variation
- Using Data to Drive Improvement
- A structure for performance management
Course Overview
Business managers have some very sophisticated data analysis tools at their disposal, and it’s fun to experiment with the advanced formulae available in Excel and other programmes.
However, data analysis is an iterative process and it is important to start with some simple analysis tools to highlight the key issues in the data before exploring those issues with more advanced tools.
That’s where this course – Data Analysis 101 - comes in. This course covers the four basic tools of data analysis that everyone working in an organisation should know. These four tools will help you carry out the initial filtering of performance data in order to highlight the important trends and issues. Often these tools are not covered adequately in business or finance training and this course will give you a good grounding in these simple but immensely useful analysis tools.
Advanced analysis is often difficult to understand for people who are not finance or data experts. Using simple tools to draw out the main points in performance data will improve engagement with the data and will help drive discussions about the appropriate actions to take, rather than heated discussions about what the analysis actually means.
This course will help you get to the heart of understanding the performance data in your organisation, and it will help you present that information to others in the organisation so that the decisions made, and the actions taken, address the real issues affecting performance.
I hope you enjoy the course.
Pre-requisites
- There are no pre-course requirements
Target Audience
- Managers
- Business owners
- Students of business management
- Accountants
- Finance staff
- Accounting students
Curriculum 21 Lectures 01:53:59
-
Section 1 : Data Analysis 101
- Lecture 2 :
- The Voice of the Process
- Lecture 3 :
- Working as One Team
- Lecture 4 :
- Exercise: The Voice of the Customer
- Lecture 5 :
- Tools for Data Analysis
- Lecture 6 :
- The Pareto Chart
- Lecture 7 :
- The Histogram
- Lecture 8 :
- The Run Chart
- Lecture 9 :
- Exercise: Presenting Performance Data
- Lecture 10 :
- Understanding Variation
- Lecture 11 :
- The Control Chart
- Lecture 12 :
- Control Chart Example
- Lecture 13 :
- Control Chart Special Cases
- Lecture 14 :
- Interpreting Performance Data
- Lecture 15 :
- Control Chart Exercise
- Lecture 16 :
- Strategies to deal with Variation
- Lecture 17 :
- Using Data to Drive Improvement
- Lecture 18 :
- A Structure for Performance Management
- Lecture 19 :
- Data Analysis Exercise
- Lecture 20 :
- Course Project
- Lecture 21 :
- Test your Understanding
Our learners work at
Frequently Asked Questions
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