Lean Analytics for Finance: Using Big Data to Generate Strategic Insights

Weatherhead School of Management

Weatherhead School of Management

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Business Analytics

Business Analytics courses will introduce you to a popular and diverse profession. A business analyst is a specialist in many IT fields as well as in ...

Read more about Marketing

Marketing courses will plunge you into the vast field of marketing. In these courses, you will learn a variety of topics that cover each stage of runn...

Read more about Strategy

In order to keep the company that you are managing or your own business competitive, you need to have a clear plan of action, in other words, you must...

Read more about Transportation and Logistics

At the moment, the logistics industry is thriving, providing millions of workplaces all over the world. It is safe to say that almost all the companie...

Who should attend

Business and finance leaders who drive business strategy, strategic finance, strategic planning, portfolio management or want to better understand drivers of cost and profit. Also relevant for leaders in charge of leading business transformation who to know how to capture the value exposed in the avalanche of data stemming from internal business transformation processes.

About the course

Big data is transforming 21st century business. How can strategic financial professionals take control of business analytics initiatives instead of waiting for “experts” to deliver answers? As the 4 V’s (variety, velocity, voracity, and volume) soar, information is coming in from a dizzying array of internal and external sources. Think of manufacturing, customer relationship management (CRM), supply chain, sustainability reporting, financial systems including ERP, as well as GPS and RFID product tagging. The nature of data is changing too, exposing sales and marketing trends in far more unexpected and granular levels. Rather than turning to old analytic models that no longer work, or “rip and replace” enterprise data systems that cost more than they deliver, is there a better way?

This one-day program shows how analytics-driven inquiry is accessible to virtually any finance leader. Using lean principles, and based on critical business thinking, this program guides participants in how to develop and oversee a big data analytics strategy within their firms. The course addresses the core challenges of using data analytics to transform business strategy, as well as the significant organizational change required. Through class discussion and case studies, participants will receive clear guidelines on getting the benefits from a big data investment to improve the strategic financial planning process.

Topics

  • Why expensive, “Big Bang” data analytic investments don’t work
  • Building a data-driven finance organization
  • Big data analytic techniques, hypothesis-driven inquiry
  • Organizational dynamics

Program Learning Benefits & Outcomes

Strategic finance leaders will learn how to:

  • Quickly turn virtually any strategic data source into a platform for rigorous inquiry by thinking lean
  • Construct sophisticated business analytical inquiries from a business-oriented, business hypothesis research-driven frame of reference
  • Know how to correctly position big data business research outcomes to drive strategic decisions
  • Build a data-driven organization prepared to act with a financial analytics team in place that is either collocated, embedded, or with dotted-lines of matrix authority
  • Assess whether other groups in the organization are going to be successful delivering analytical insights - and to offer mid-course correction when IT or data research teams get off-track

Experts

Kris Murphy

Kris is the VP of Financial Systems at Brightstar, a seasoned performance management leader with over 15 years of experience and has a Ph.D. in Management from Case Western Reserve University. As a consultant at The Hackett Group and Accenture, Kris has been helping organizations improve their pe...

Lean Analytics for Finance: Using Big Data to Generate Strategic Insights at Weatherhead School of Management

This course has no confirmed dates in the future. Subscribe to be notified when it is offered.


Something went wrong. We're trying to fix this error.

Thank you

Someone from the Coursalytics team will be in touch with you soon.

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Business Analytics

What will you learn from Business Analytics courses? First of all, you will learn about the profession of a business analyst, his duties, and what such a specialist does. You will get various soft skills, such as organizing teamwork, for example, acc...

Read more about Marketing

During Marketing courses, you will learn how to develop a business idea and create the right website to promote your product. You will gain the skills to analyze your business performance and make key decisions that improve the efficiency of your bus...

Read more about Strategy

Strategy courses contain a large amount of practice. You will be able to analyze the company's performance and make a strategic development plan. All practices are based on real cases that each of you may encounter. The courses will also introduce yo...

Read more about Transportation and Logistics

Transportation and logistics courses mainly focus on global supply chain management and its key features, including air and ocean cargo administration, international documentation, end-to-end supply chain infrastructure, etc. Also, courses show how t...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.