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BusinessBusiness Analytics & IntelligenceDecision Making

Analytics for Business Strategy: Core Executive Skills

Learn an analytics-based approach to making strategic decisions for your organization with Excel examples
Rating: 4.2 out of 54.2 (53 ratings)
1,202 students
Created by Scandinavian Institute of Business Analytics
Last updated 10/2019
English
English

What you'll learn

  • You should learn practical tools for evaluating business strategies
  • You should learn methods to quantify the business strategy decision
  • You should learn tools for testing strategic scenarios
  • You should learn how to use Quantitative Strategic Planning Matrix and SWOT analysis
  • You should learn about Analytical Hierarchical Process in Excel
  • You should learn how to use Monte-Carlo Simulations for business decisions in Excel

Requirements

  • Basic knowledge of Excel

Description

This course uniquely combines business strategy scenarios, metrics, advanced analytic approaches, and the simplicity of Excel examples for real-world applications.

The course covers Strategic Metrics, Strategic Scenarios, and Strategic Decision Models with downloadable examples in Excel. You should learn techniques and practical tools for selecting the most effective strategic option for your business. You should learn how to quantify your business strategy decision. You should learn how to test strategic scenarios for your business and test various market conditions. You should learn how to construct a Monte-Carlo model in Excel to predict business outcomes in uncertain environments. You should learn the most commonly used strategic metrics and the formulas behind them.

The course consists of 23 lectures + bonus, split into three chapters.

Chapter 1. Strategic Metrics

You should learn:

  • 9 sets of commonly used strategic metrics

  • Monetary and non-monetary metrics classification

  • Formulas behind the strategic metrics

  • Business areas of use for each strategic metric

Chapter 2. Strategic Scenarios

You should learn:

  • 3 fundamental business scenarios

  • Strategic approaches for each scenario

  • Strategic models for each strategic approach

Chapter 3. Strategic Decision Model

You should learn:

  • 3 types of strategic decisions

  • Decision models for each type of strategic decision

  • Quantitative Strategic Planning Matrix and SWOT analysis

  • Analytical Hierarchical Process

  • Monte-Carlo Simulations

  • Downloadable Excel spreadsheet examples for each decision model


This course has downloadable Excel files with examples that you can use for practice.

Who this course is for:

  • Corporate employees who want to broaden their responsibilities
  • Independent entrepreneurs who want to build a better business
  • MBA students who want to make a successful carrier
  • Individuals who challenge making appropriate decisions

Instructor

Scandinavian Institute of Business Analytics
SCANBA Online
Scandinavian Institute of Business Analytics
  • 4.3 Instructor Rating
  • 1,290 Reviews
  • 12,587 Students
  • 7 Courses

          The Scandinavian Institute of Business Analytics (SCANBA) is a business analytics consulting company with operations in Finland and Sweden. SCANBA helps companies and their employees to become significantly more effective and successful by implementing business analytics in their organizations and by increasing employees’ professional skills. 

          SCANBA provides a broad range of services, including training and certification in business analytics, data management auditing, business process auditing and optimization, predictive analytics implementation, and decision system management. 

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