Effective Business Decisions Using Data Analysis

Course LM-027

Effective Business Decisions Using Data Analysis

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Classroom

19 sessions
5 - 9 October 2026 €2,875 Register
12 - 16 October 2026 €2,175 Register
9 - 13 November 2026 €3,230 Register
16 - 20 November 2026 €2,175 Register
7 - 11 December 2026 €4,425 Register
14 - 18 December 2026 €2,875 Register
21 - 25 December 2026 €3,215 Register
4 - 8 January 2027 €2,175 Register
1 - 5 February 2027 €1,800 Register
1 - 5 March 2027 €3,230 Register
3 - 7 May 2027 €1,800 Register
7 - 11 June 2027 €3,230 Register
2 - 6 August 2027 €2,875 Register
6 - 10 September 2027 €2,425 Register
4 - 8 October 2027 €2,875 Register
1 - 5 November 2027 €2,175 Register
6 - 10 December 2027 €3,230 Register
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Online / Live

19 sessions
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Introduction

Course overview

Why Attend
Modern organizations generate large amounts of data, but real value comes from turning that data into smart business decisions. Leaders and managers who understand analytics can improve planning, reduce uncertainty, identify opportunities, and solve problems faster. This course provides participants with practical tools to interpret data, apply statistical thinking, evaluate assumptions, and use predictive analytics to support strategic decision-making.

Course Methodology
This course uses an interactive and practical approach through presentations, business cases, analytics exercises, group discussions, practical calculations, dashboards, and real workplace examples.

Course Objectives

  • Understand the role of data in business decision-making
  • Apply core analytics concepts to management problems
  • Interpret business data using statistics and visualisation
  • Evaluate uncertainty and reliability of data insights
  • Use hypothesis testing for business decisions
  • Apply predictive analytics and forecasting techniques
  • Identify risks and opportunities through data trends
  • Communicate analytical findings clearly to stakeholders

Target Audience

  • Managers and Supervisors
  • Business Analysts
  • Finance Professionals
  • Operations Managers
  • Project Managers
  • Strategy Professionals
  • Anyone responsible for decision-making using data

Target Competencies

  • Data Analysis
  • Business Decision-Making
  • Statistical Thinking
  • Forecasting
  • Problem Solving
  • Performance Analysis
  • Predictive Analytics
  • Reporting Skills

What you will achieve

Learning objectives

  • Understand the role of data in business decision-making
  • Apply core analytics concepts to management problems
  • Interpret business data using statistics and visualisation
  • Evaluate uncertainty and reliability of data insights
  • Use hypothesis testing for business decisions
  • Apply predictive analytics and forecasting techniques
  • Identify risks and opportunities through data trends
  • Communicate analytical findings clearly to stakeholders

Who should attend

Target audience

  • Managers and Supervisors
  • Business Analysts
  • Finance Professionals
  • Operations Managers
  • Project Managers
  • Strategy Professionals
  • Anyone responsible for decision-making using data
  • Target Competencies

Methodology

Learning approach

  • This course uses an interactive and practical approach through presentations, business cases, analytics exercises, group discussions, practical calculations, dashboards, and real workplace examples.

Course content

Five focused days of learning and application

Day 1

Foundations of Data-Driven Decision Making

  • Importance of data in modern organizations
  • Meaning of data analytics and managerial value
  • Types of decisions supported by analytics
  • Stages of the analytics process
  • Common approaches to business analytics
  • Challenges in using organizational data effectively
  • Introduction to quantitative thinking for managers
  • Overview of common analytics tools

Day 2

Understanding and Exploring Business Data

  • Different categories of business data
  • Collecting, cleaning, and organizing data for analysis
  • Introduction to descriptive statistics
  • Key measures: mean, median, variance, and distribution
  • Understanding variability and data spread
  • Identifying patterns, trends, and anomalies
  • Data visualization for management reporting

Day 3

Statistical Insight for Business Decisions

  • Role of statistics in business analytics
  • Sampling concepts and common sampling methods
  • Understanding uncertainty in business data
  • Normal distribution and probability fundamentals
  • Confidence intervals and estimation methods
  • Assessing reliability of data conclusions
  • Applying statistics to real business problems

Day 4

Hypothesis Testing and Business Evaluation

  • Purpose of hypothesis testing in business decisions
  • Creating measurable business hypotheses
  • Null versus alternative hypotheses
  • Type I and Type II decision errors
  • Statistical tests for evaluating assumptions
  • Risks of bias and incorrect conclusions
  • Turning findings into practical recommendations

Day 5

Predictive Analytics for Strategic Decisions

  • Introduction to predictive analytics and forecasting
  • Understanding relationships between business variables
  • Correlation and regression for prediction
  • Building and interpreting predictive models
  • Data mining concepts and business uses
  • Identifying opportunities and risks through analytics
  • Using predictive insights for strategic decisions
  • Final workshop: data-driven decision case study

FAQ

Frequently asked questions

What does Effective Business Decisions Using Data Analysis (LM-027) cover?

This course covers Leadership and Management through a structured five-day outline focused on practical application, discussion, and implementation planning.

When is the next available session?

The next scheduled session starts on 5 - 9 October 2026, with additional classroom dates and mirrored Online / Live options listed in the course schedules section.

Who should attend this course?

Managers and Supervisors, Business Analysts, Finance Professionals

Is bilingual course delivery available?

Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.

How can I register for a session?

Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.

Is this course available online as well as classroom-based?

Yes. The course detail page includes both classroom sessions and Online / Live sessions, with online options aligned to the same course dates for easier planning.

Where are classroom sessions delivered?

Current classroom venues include Barcelona, Istanbul, Amsterdam, Paris, Munich, Kuala lumpur, London.

How long is the training programme?

The programme runs for five days, with up to five training hours per day, from 9:00 AM to 2:00 PM. Each programme includes a total of 25 accredited training hours.