16.10.2024
An amazing feast of curated knowledge on Data Strategy to use in the business. Highly Recommended.
Unlock the power of data-driven decision-making in your organization: Adopt a growth mindset to create real business value
$99.00
What you get:
$99.00
What you get:
$99.00
What you get:
Industry leaders and professionals globally rely on this top-rated course to enhance their skills.
The growth mindset requires you to adopt a 3-step process: devise clear hypotheses, explore and rank said hypotheses, test fast and learn faster. In this course, Tina and Davis will take you on an amazing and rewarding journey. Structured in a clear and easy-to-follow way, the course describes each of the 3 levels of data maturity, provides related real-world case studies, and advises you on how to get to the next stage. You will also learn how to ask for more funding from key decision-makers. Data-driven Growth is suitable for individuals working in small, mid-sized, and large companies. It can be highly beneficial for data science managers, business executives, data scientists, and data analysts. The skills you will gain include Data-driven decision-making, Growth mindset, Digital marketing analytics, E-commerce analytics, A/B testing and Spreadsheet analysis.
1.1 Introduction to the course
2.1 The stages of data maturity and what you will see next
2.2 How to go from no data to some data - Reach Level 1
3.1 Data maturity Level 1
3.2 Intro to Project 1
Practice what you've learned with coding tasks, flashcards, fill in the blanks, multiple choice, and other fun exercises.
Practice what you've learned with coding tasks, flashcards, fill in the blanks, multiple choice, and other fun exercises.
Welcome to the course on approaching data science with a growth mindset. How can you apply this way of thinking to your work? There are 3 main steps - devise clear hypotheses, explore and rank order hypotheses and testing.
In this section, you will learn how data analysts and data scientists approach their work using the growth mindset. We start by asking ourselves: Why does your role exist? How does it contribute to key company goals? What are the different ways in which you/your team can achieve said goals? Which is the most impactful way to achieve your team’s goals? How will you validate or invalidate your hypotheses? By answering the first 3 questions, you can define your current data maturity level: Stage 1: Beginner – no data or limited and sometimes untrusted data; Stage 2: Intermediate – small-scale data. You can perform analyses on spreadsheets, report findings, and perform optimizations on existing projects; Stage 3: Advanced – large-scale data, end-to-end infrastructure. You use data to innovate from your findings.
At Data Maturity Level 1, you have some data, but cannot extract much value from it. Nevertheless, some actions can yield remarkable results at this stage. You can create hypotheses on how to optimize your business. Stack rank projects based on factors such as opportunity size, cost, risk, etc. This is how you can determine which projects to focus on. You can also use data to define benchmarks for the metrics you want to monitor.
When you reach Data Maturity Level 2, you have an infrastructure that gives you substantial data with sufficient accuracy. In essence, you have started to explain why things are happening in your business. At this stage, you can conduct analyses that show non-obvious insights and correlations. What can you do at this stage to take advantage of your data? The good news is that there is a lot you can do.
Congratulations on reaching Data Maturity Level 3! You are at the forefront of data-driven decision-making. At this stage, you have a global understanding of the cause-effect relationships between your tactics and business outcomes. Moreover, you have a good understanding of who is going to buy what kind of product, given the kinds of treatment and scenarios available.
Project 3 will show you how to quickly find a way to impact a business goal.
Now that you are at Data Maturity Level 3, you are at the highest degree of maturity that is widely adopted in the industry. In this section, Tina will discuss what your company can do once it reaches this final stage.
Level of difficulty: Beginner
A 365 Data Science Course Certificate is an excellent addition to your LinkedIn profile—demonstrating your expertise and willingness to go the extra mile to accomplish your goals.
Davis Balaba is the Head of Data Science New Product Experimentation at Meta. Originally from Uganda, he relocated to the United States more than 20 years ago. Before joining Meta, Davis served as Senior Associate at HSBC and as Senior Principal Data Scientist at Asurion. There, he composed a three-step framework (explore/segment/personalize) for a recommender system that would assign the right content to the right customer at the right time. In addition, he supervised the development of customer churn prediction models that power proactive engagement and retention strategies. Early on at Meta, he created a multi-step algorithm for optimizing high-dimensional ad spaces on Facebook using the Design of Experiments (DoE) approach. In his current role, Davis develops and tests new product concepts across multiple verticals that help build and foster the company’s global community.
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