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Data Visualisation for Business Decisions

BPP Professional Education
Course summary
6 hours
634 GBP excl. VAT
London, Online courses
Next available date: Online delivery option may be available - Please contact provider. - Online courses
Professional Training

Course description

Data Visualisation for Business Decisions

The rate at which businesses are able to accrue data with which to support decisions is steadily increasing.With more data to hand, Finance Professionals and Analysts should be able to provide decision makers with an increasingly insightful understanding of the options available to them. Decisions should therefore become quicker and easier to make.For many businesses, however, the opposite is happening. The time needed to work with increasingly large and diverse sets of data to understand what’s there and how it can be used is outweighing the benefits to be gained.This risks decision makers being guided more by gut feel and intuition than data driven evidence.Data visualisation is becoming an essential discipline for those wanting to explore data quickly in order to find the important trends, patterns, correlations and indicators of causation.As much an art form as it is a science it requires a ‘nose for the critical issues’ and then the ability to see into the data for relevant insights about those issues. It is also essential when communicating results from analysis.Infographics and visual images can tell a story much more clearly than numbers and words ever can. This helps to lift confidence in results and provide decision makers with much greater clarity about the way forward.Within this course participants use practical hands on exercises to discover what’s involved in effective data visualisation in support of ‘evidence based’ business decisions.It looks at the latest methods for analysing and representing data visually, within Excel and within a range of specialist tools.It explores how businesses can learn from the work of journalists how to employ data visualisation to reach the heart of critical issues within the world of financial and operational analytics and to influence decisions.

Suitability - Who should attend?

Finance, operational, and commercial managers in all sectors.

Training Course Content

Data visualisation definedUsing visualised data to help support ‘evidence based’ decisionsHow to put data into a structure that makes it easier to manage and understandMethods for discovering trends, patterns, correlation and sources of causationTranslating those discoveries into mathematical structures for use in forward looking analysesOverview of data visualisation toolsThe strengths, opportunities, perils and pitfalls of data visualisation in ExcelIntroduction to some of the leading specialist data visualisation toolsTurning findings into resultsModelling the business decision to be made – the brief, the data, the design, the resultBuilding a visualisation brief to explain the optionsPerforming analyses to develop the potential optionsExamples of data visualisations that have informed opinionsDesigning with infographic building blocks to make options clearPresenting results in a visual wayPresenting information for the greatest impactMoving from static to dynamic infographicsWhere next within the fast moving world of data visualisation.

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About provider

BPP Professional Education

BPP Professional Education -  Accountancy, Tax, Financial Services, Law & Insolvency Courses

BPP Professional Education is one of the specialist examination-based and professional development training arm of the BPP Group, Europe's biggest professional education and publishing provider with 2,000 staff members across 40 countries and over 30,000 students per year. BPP Professional Education...

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BPP Professional Education

3 London Wall Buildings
EC2M 5PD London

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