Data-Driven Business: Experiment, Prototype & Improve
Data-Driven Business: Experiment, Prototype & Improve, available at $19.99, has an average rating of 4.95, with 40 lectures, based on 26 reviews, and has 135 subscribers.
You will learn about Understand the significance of data-driven decision-making in shaping business strategies. Identify opportunities for experimentation and prototyping within their organization. Design experiments and test hypotheses to validate or refine business ideas. Develop effective prototypes and grasp the concept of a Minimum Viable Product (MVP). Measure and analyze performance using Key Performance Indicators (KPIs) and other relevant metrics. Optimize and scale business solutions by leveraging data-driven insights. Foster a culture of continuous improvement through ongoing experimentation, prototyping, and data analysis. This course is ideal for individuals who are Aspiring entrepreneurs: Individuals looking to start their own business and seeking guidance on how to make informed decisions based on data-driven insights. or Business owners and managers: Professionals responsible for the strategic direction of their company, aiming to optimize processes and performance through experimentation and prototyping. or Marketing and product managers: Professionals focused on product development, customer acquisition, and retention, seeking to enhance their skills in data-driven decision-making. or Business analysts and consultants: Individuals providing strategic advice to clients, looking to incorporate data-driven methodologies into their toolkit. or Professionals transitioning to business roles: Individuals from non-business backgrounds interested in gaining a solid foundation in data-driven business strategy and development. It is particularly useful for Aspiring entrepreneurs: Individuals looking to start their own business and seeking guidance on how to make informed decisions based on data-driven insights. or Business owners and managers: Professionals responsible for the strategic direction of their company, aiming to optimize processes and performance through experimentation and prototyping. or Marketing and product managers: Professionals focused on product development, customer acquisition, and retention, seeking to enhance their skills in data-driven decision-making. or Business analysts and consultants: Individuals providing strategic advice to clients, looking to incorporate data-driven methodologies into their toolkit. or Professionals transitioning to business roles: Individuals from non-business backgrounds interested in gaining a solid foundation in data-driven business strategy and development.
Enroll now: Data-Driven Business: Experiment, Prototype & Improve
Summary
Title: Data-Driven Business: Experiment, Prototype & Improve
Price: $19.99
Average Rating: 4.95
Number of Lectures: 40
Number of Published Lectures: 40
Number of Curriculum Items: 47
Number of Published Curriculum Objects: 47
Original Price: $24.99
Quality Status: approved
Status: Live
What You Will Learn
- Understand the significance of data-driven decision-making in shaping business strategies.
- Identify opportunities for experimentation and prototyping within their organization.
- Design experiments and test hypotheses to validate or refine business ideas.
- Develop effective prototypes and grasp the concept of a Minimum Viable Product (MVP).
- Measure and analyze performance using Key Performance Indicators (KPIs) and other relevant metrics.
- Optimize and scale business solutions by leveraging data-driven insights.
- Foster a culture of continuous improvement through ongoing experimentation, prototyping, and data analysis.
Who Should Attend
- Aspiring entrepreneurs: Individuals looking to start their own business and seeking guidance on how to make informed decisions based on data-driven insights.
- Business owners and managers: Professionals responsible for the strategic direction of their company, aiming to optimize processes and performance through experimentation and prototyping.
- Marketing and product managers: Professionals focused on product development, customer acquisition, and retention, seeking to enhance their skills in data-driven decision-making.
- Business analysts and consultants: Individuals providing strategic advice to clients, looking to incorporate data-driven methodologies into their toolkit.
- Professionals transitioning to business roles: Individuals from non-business backgrounds interested in gaining a solid foundation in data-driven business strategy and development.
Target Audiences
- Aspiring entrepreneurs: Individuals looking to start their own business and seeking guidance on how to make informed decisions based on data-driven insights.
- Business owners and managers: Professionals responsible for the strategic direction of their company, aiming to optimize processes and performance through experimentation and prototyping.
- Marketing and product managers: Professionals focused on product development, customer acquisition, and retention, seeking to enhance their skills in data-driven decision-making.
- Business analysts and consultants: Individuals providing strategic advice to clients, looking to incorporate data-driven methodologies into their toolkit.
- Professionals transitioning to business roles: Individuals from non-business backgrounds interested in gaining a solid foundation in data-driven business strategy and development.
Unleash your potential and cultivate an experimenter’s mindset with our transformative course, “Data-Driven Business: Experiment, Prototype & Improve.” This comprehensive program guides you through the fascinating world of data-centric decision-making, and it is designed to intrigue and educate learners at any stage in their professional journey.
Dive into the heart of data-driven business strategy and learn how to lead and manage in an increasingly data-centric world. Our course helps you understand, experiment, and utilize data in innovative ways to create tangible business strategies. It arms you with the skills you need to not only devise but also iteratively improve and refine dynamic business strategies through a data-driven approach.
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Data-Driven Leadership: Start your journey with an introduction to the fundamental principles of data-driven business strategy. The course encourages leadership through data insights and sparks your imagination about the transformative potential of data in the business landscape.
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Experimentation as a Skill: Develop an experimenter’s mindset by stepping into the arena of hypothesis testing. This module empowers you to embrace testing, refining, and learning from data as critical elements of your managerial toolkit.
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Prototyping with Precision: Uncover the strategic value of data-driven prototyping. Here, you’ll learn to harness your creativity, leverage data effectively, and build innovative prototypes that address real-world needs.
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Harnessing the Power of MVPs: Delve into the world of Minimum Viable Products (MVPs), understanding their critical role in driving business success. This section explores how MVPs can be used as a compelling tool to validate and improve business ideas and strategies.
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Data for Continuous Improvement and Scaling: The course culminates with lessons on using data insights for continual improvement and scaling of business solutions, emphasizing the power of data in fostering a culture of continuous growth.
Throughout the course, you will master the skills needed to identify opportunities for experimentation and prototyping, learn how to design impactful experiments, and develop practical prototypes. With an understanding of the crucial role of MVPs in a data-driven business world, you will be equipped with a key tool for business success.
By focusing on the practical aspects of working with data, we will teach you to measure and analyze performance using key metrics. By learning to interpret and leverage these insights, you’ll develop the ability to make informed decisions to enhance your business strategies and outcomes.
Guided by an experienced instructor with vast knowledge in data-related use cases across Europe, this course blends real-world examples, engaging case studies, and hands-on exercises. You’ll gain practical experience in applying data-driven methodologies across a spectrum of business scenarios.
Whether you’re an aspiring entrepreneur, business owner, manager, or business analyst, this course offers a solid foundation in data-driven business strategy and development. It empowers you to drive significant change within your organization using data. Enroll now and reshape your approach to business strategy, leveraging data-driven insights to steer your path to success.
Course Curriculum
Chapter 1: Welcome to the course!
Lecture 1: Welcome & Course Overview
Chapter 2: Course Introduction and Data-driven mindset
Lecture 1: Chapter Overview
Lecture 2: The Importance of Data-Driven Decision Making
Lecture 3: Cognitive Biases Deep Dive
Lecture 4: The Cost of Changing a Product
Lecture 5: Observation vs. Experiment
Lecture 6: Experiment vs. Prototype vs. MVP
Lecture 7: Course Slides
Chapter 3: Experimentation and Hypothesis Testing
Lecture 1: Chapter Overview
Lecture 2: Generating Ideas
Lecture 3: My Additional Techniques for Generating Ideas
Lecture 4: Evaluating and Selecting Ideas
Lecture 5: My Additional Thoughts on Selecting Ideas
Lecture 6: Decompose, Simplify and Refine
Lecture 7: Establish Your Metrics
Lecture 8: Developing Testable Hypotheses
Lecture 9: Introduction to A/B Testing
Lecture 10: A/B Testing Requires Domain Knowledge
Lecture 11: Analyzing Experimental Results and A/B Test Outcomes
Chapter 4: Fundamentals of Data-Driven Prototyping
Lecture 1: Chapter Overview
Lecture 2: Low- and High-Fidelity Prototypes
Lecture 3: How can I fail as quickly as possible?
Lecture 4: Prototyping is not just for UX
Lecture 5: Prototyping Techniques
Lecture 6: Data Collection Methods for Prototyping
Lecture 7: I love the yellow walkman!
Chapter 5: Minimum Viable Product (MVP)
Lecture 1: Chapter Overview
Lecture 2: The Concept of MVP
Lecture 3: From Experiments and Prototypes to MVPs
Lecture 4: Value Proposition and Product Assumptions
Lecture 5: Usability Tests and Exhaust Data
Lecture 6: Iterate, Iterate, Iterate
Lecture 7: MVPs are Not Just For Startups
Lecture 8: Know When to Quit Polishing
Chapter 6: Integrating Lessons Learned
Lecture 1: Chapter Overview
Lecture 2: The Experiment Is The Product
Lecture 3: The Experiment Card
Lecture 4: Embrace Negative Outcomes
Lecture 5: Embrace the Culture of Experimentation and Continuous Improvement
Lecture 6: Let's Summarize and Recap
Instructors
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Robert Barcik
Author & Professional Trainer -
Jana Gecelovska
Data Science trainer -
Patrik Zatko
Data Scientist
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 0 votes
- 3 stars: 0 votes
- 4 stars: 3 votes
- 5 stars: 23 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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