Name: Decision Driven: Closing the Gap Between Analysis and Action
Overall Rating: 4.8 out of 5 (12 ratings)
Category: All Learners
Duration: 8.00 hour(s)
Individual Fee: Free

In today’s world, the expectation is to be “data-driven.” But where do you start? Learn how to make better and faster decisions when it really matters, in life or business. In this 5-day program, you will improve your efficiency and effectiveness in making data-driven decisions. This workshop is not a number-crunching course. This workshop takes the next step, addressing the common pitfalls that prevent leaders from using data to drive decisions and results.

  • Virtual Workshop is delivered over five days covering five modules. 
  • Workshop Assessment Available 
This Development Activity has not been scheduled.
College of Lake County
19351 West Washington Street
Building E, Suite E186
Grayslake, IL 60030
United States
Importance: Why this competency is important to our organization, mission, strategy, or goals.


Presentations are littered with tables, charts, graphs and visualizations. That is not where the value lies. The value in data is not the numbers – it’s action. The more time you spend looking at numbers, the less time you have to act upon them. The problem is that people don’t know what to include and what to exclude when making and communicating data-driven decisions:

  • They gather more data than they need or the wrong data
  • They build recommendations using incorrect or faulty logic
  • They confuse “simple” with “superficial”
  • They leave out critical context while driving into needless detail
  • They focus on numbers rather than decisions and actions


Know and Explain: Information you will know, be able to explain, or be able to find.


Four techniques to drive simple, clear, and actionable decisions

  1. Decision breakdown tree – quickly identifies that exact data needed to drive a decision
  2. What, why, but, and – Report status in under 3 minutes
  3. Six-slide recommendation – Deliver a full recommendation in under ten minutes using just six slides (or paragraphs)
  4. Decision-based reporting – Organize reports around answers rather than numbers.

Do and Show: Important tasks or skills you will be able to perform and demonstrate to others.

  1. Understanding and managing the three key biases that inhibit data-driven decision making
  2. Quickly defining the data needed to make a decision so that you spend more time thinking about what the data is telling you and less time searching for it
  3. Turning data into actions that drive decision making
  4. Creating reports that provide answers rather than numbers thus significantly decreasing the time it takes to make a decision
  5. Creating simple, logical, fact-driven recommendations and presentations that speed up and drive audience decision-making

Topics


Module 1: Your brain has a mind of its own: Managing information and bias

  • Provides an overview of how our brains process data and information. Introduces common thinking and decision-making errors/biases and shows how traditional ways of reviewing and presenting data actually contribute to those errors.


Module 2: Breaking up’s NOT hard to do: Simplifying your decisions and aligning your data

  • Introduces our Decision-Breakdown technique. Improves efficiency by providing a structured approach to collecting, analyzing, and drawing conclusions from. It helps leaders quickly hone-in on the data that are relevant to making a decision.


Module 3: Becoming an action hero: Simplifying your message and turning information into action

  • Provides key tools for 1) breaking your message (spoken, written, presented) into clear, simple ideas, 2) turning information into action, 3) synthesizing multiple data sets into simple statements of action


Module 4: From mystery writer to prosecutor: Telling a simple, clear story

  • Provides two templates for telling a simple, clear, data-driven story:

  1. Business-driven story template – Make a simple recommendation or proposal in six slides (or paragraphs).
  2. What, Why, But, And – Provide a simple, clear status update in 90 seconds or less.


Module 5: Your number is up: Designing reports around answers rather than numbers

  • Introduces Avail Advisor’s Decision-based reporting approach. Decision-based reporting will allow you to spend more time fixing problems and less time trying to find them. This module will teach you to design reports that answer your questions within five seconds. 

Problem

Client was considering whether to move a currently out-sourced process back into the organization. The process involved about $20 million in resources. She was asked to make a recommendation to the company’s COO and two Senior Vice Presidents. She was given 30 minutes.

Solution

The manager used our Business-driven story template to develop and structure her presentation. The presentation itself took five minutes (with less than ten slides). There was a five-minute Q&A

Result

Executives made a $20 million decision in under 15 minutes (total, from the start of the presentation). The client said she never had an executive team make a decision so quickly.

One of the Senior Vice Presidents commented that it was the best presentation he had seen in years. In particular, he noted that “She provided more clarity and insight in five minutes than we normally get in 45 minutes to an hour.”

SkillPrerequisiteExpected Outcome
Communication1 - BeginnerNot specified
Critical Thinking & Decision Making1 - BeginnerNot specified
Gathering and Using Information1 - BeginnerNot specified
Presentations1 - BeginnerNot specified
Problem Solving1 - BeginnerNot specified
Researching, Analyzing, and Using Information1 - BeginnerNot specified
Technical Communication1 - BeginnerNot specified
Class Costs
Class Value$375.00
Individual Fee$0.00
Private Class Fee$0.00
4.8 out of 5 (12 ratings)

Fantastic! Tue, Dec 14, 2021
If you want to learn to make decisions then attend this course.
Keeps your mind sharp Fri, Nov 19, 2021
Eye opening. Looking forward to the follow up/newsletter
Great tips on reviewing and analyzing data Wed, Nov 17, 2021
I learned some new tips and a methodology for making data-based decisions.
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