Financial Analysis for Business Performance: Data-Driven Decision Making

Create a data-driven culture within your organisation

Using facts, analysis, and metrics to drive strategic decisions within an organisation is associated with higher profits, stronger performance, and business longevity. However, this often involves better communication, cultural change, and much stronger data analysis skills throughout the company.

On this four-week course. you’ll learn how to help your organisation become more data driven by improving your analysis skills, learning new reporting techniques, and sharing key data to support business decision making. By the end, you’ll have the knowledge and confidence to turn financial insights into positive action.

Improve the financial performance of your organisation

You’ll learn the various approaches that can be used to improve the financial performance of your organisation. The tools and techniques you will employ in this course can be used to justify recommendations for improving financial performance based on the business’ specific requirements and situation.

Put data-driven decision making at the heart of your business

Once you have the data and the analysis needed to drive better business performance, you now need to share it and turn it into strong strategic decisions. You’ll learn how to articulate key data and processes required to support business decision making to make your organisation stronger as a whole.

This course is designed to support learners who need to engage with large volumes of financial data. This includes entry-level finance or accounting professionals who would like to progress to higher-skill positions, and current finance professionals. It would also be useful for new managers and leaders, as well as business workers and entrepreneurs.

If you want to build on your knowledge, you may be interested in these courses, from the same provider:

• Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting
• Financial Analysis for Business Performance: Reporting and Stakeholder Management

During this course we’ll be using Excel. If you don’t have Excel, you might find this online version useful.

We recommend you use a computer to access this course.

• Introduction to the course and financial performance
• Welcome to the course
• Levers to improve financial performance
• Week 1 wrap up
• Improving financial performance
• Welcome to Week 2
• Data-driven performance decisions
• Delivering actionable value
• Week 2 Wrap-up
• Business decision making: Part 1
• Welcome to Week 3
• Introduction to data analytics and data-driven decision making
• Week 3 Wrap-up
• Business decision making: Part 2
• Introduction
• Types of data
• Data-driven decision making
• Week 4 Wrap-up