Programs For Acquiring Knowledge And Skills In Business Intelligence – In this collection of articles for 2021, I will focus on the development of people.
Business intelligence is a crucial instrument for contemporary organizations seeking to maintain a competitive edge.
Consequently, there has been a surge in the demand for experts that possess specialized knowledge in this particular domain. Business intelligence education programs have become increasingly popular in recent years due to their ability to provide students with practical abilities that can be readily utilized in professional settings.
These programs encompass a broad spectrum of subjects, including as data analysis, database administration, data warehousing, visualization and reporting, and machine learning.
Certain programs also include specific pathways, such as healthcare, finance, or marketing analytics. Given the growing significance of data-driven decision-making, business intelligence education programs offer a worthwhile investment for anyone seeking professional advancement in this domain.
If the consultant is not developing, he will not bring value to clients and partners who no longer need him!
Programs For Acquiring Knowledge And Skills In Business Intelligence
I’d like to share with you 10 ways I’ve brought (and continue to bring!) value to my clients and colleagues.
Jpmc — Fearless Fund
Training (participating in face-to-face group training): Everyone is talking about online training these days, but good face-to-face training cannot be replaced by a Zoom trainer. Studying in different countries (for example: Thailand, France or England) has brought knowledge on topics such as return on investment in training, training, skills, e-learning, etc. They provided an opportunity to share experiences with other learners. While the learning opportunities are endless, I often choose mine based on an identified upcoming project or a new skill I can develop.
. How many conferences, trainings, or meetings have we attended where most people were sleeping, playing, talking, eating, or whatever, but not listening? This organization strengthens my ability to give a 7 minute speech in front of 2 or 2000 people, training, sharing a story or summarizing a 200 page book on human rights. Public speaking is a very useful skill, unless we live on a desert island in Thailand and the only possible audience is fish.
Workshops: Useful for providing new perspectives rather than developing new skills. Many today are talking about the use of advanced technology for education and training. For example: on
In Bangkok by the PMAT or Singapore Talent Development Association workshop on disruption in the HR world.
Knowledge, Skills And Abilities: Everything You Need To Know
Project-based learning: Let’s get real. Consultants rarely possess 100% of the knowledge required for the job, making the application of new knowledge essential. When I use books to improve my knowledge, I follow 4 steps: 1) Identify gaps in knowledge 2) Read related books 3) Write down key points on 2-3 pages (we remember better by writing on paper than by we write on paper). keyboard!) 4) Select the relevant information and add it to the project.
Mentors and special people: For the last 30 years I have had a French mentor who helped me build my confidence by sharing his experience (and friendship!). During most of my international projects (eg Thailand, Vietnam, Laos, Sri Lanka, Uzbekistan), I met local partners with whom I had an unforgettable experience working with me, we also respected each other.
E-learning and MOOCs: Online learning allows us to learn quickly, anytime. These online courses are best used when working with a project – and therefore, a goal. All learning needs a goal. I liked the well-structured eLearning modules from Cegos and Harvard
Webinar: The COVID-19 pandemic has really shaped this type of training. I have a selection of webinars that last several weeks with tasks between each session, with video content and constant sharing and exchange between participants, especially on soft skills (eg Timeo-performance
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Reinforces the leader’s perspective and provides practical tools and references. I like the blog www.formation-professionnelle.fr (sorry for non-French speakers, this one is in French!) because it provides clear information about new training systems and lifelong learning. I also remember to check out the website
Mobile learning: Based on neuroscience research, we remember best when we receive small amounts of learning regularly in a way that engages us (questions, for example). Mobile learning can be used to engage learners through simple quizzes (eg Kahoot!) or by focusing on behavior change after learning with apps like Mindmarker.
Social networks: I appreciate the possibilities it offers. But since I’m already busy implementing the previous 9 methods, I don’t have time to use a Facebook account!
So there is no excuse. 2021 is a new year, we are new and there are many ways to improve! Let’s take a pen and think about what we want to learn and most importantly how we will learn it. Feel free to share 11 ways with me!
How To Implement Skills Development Training Programs For Employees & Partners: Upskilling, Cross Skilling, Reskilling
Every 2 weeks I will post a new article on a specific HR development topic based on real stories from my 33 years of experience. A book will be published in 2022 explaining real life examples and how to succeed in HRD. I am happy to share this journey with you. For example, it is important for business owners to ensure that all members of their organization have skills such as critical thinking, time management, and effective communication to ensure day-to-day operations and achieve business goals.
Here’s an overview of why it’s important to improve your business skills and the top ten you should prioritize to advance your career.
A foundation in entrepreneurship not only brings more confidence in the workplace, but also opens doors to many careers. For those who expanded their knowledge through studies at Harvard Business School, the experience led to results such as:
If you want to achieve similar goals in your career, here are 10 business skills you need to develop.
Business Acumen For Hr Professionals: Everything You Need To Know
A basic knowledge of economics can be valuable in any industry. In addition to a thorough understanding of pricing strategies and market demand, studying economics can provide tools for making important decisions in your business.
For Nicholas Greco, a former CORe participant who works as a health educator and manager, the lessons learned in Economics for Managers have helped his organization harness renewable energy in the sun.
“I knew it was a good time to invest in solar, but the willingness-to-sell (WTS) concept helped me understand and explain why,” said Greco. “Thanks to additional incentives from city programs and group purchasing power, electric companies tend to sell their solar energy systems at lower prices than usual, increasing the surplus to our customers. By explaining WTS, I was able to convince the owner to go ahead with this project.
Research shows that a growing number of companies—including Microsoft, Uber, and Blue Apron—are using analytics to drive growth and improve their services and operations.
Christ (deemed To Be University), Delhi Ncr Campus
According to LinkedIn, analytical reasoning is one of the most sought-after skills in today’s job market. Knowing how to summarize data, identify trends, and test hypotheses can provide an analytical framework for approaching complex business problems and help you make sound decisions that benefit your business.
“Using data analytics is a very effective way to impact an organization,” said HBS professor Ian Hammond, who teaches the business analytics course. “If you can go to a meeting and other people have ideas, but you have data to support your ideas and recommendations, then you’re going to be influential.”
Accounting knowledge can benefit your career even if you’re not in a numbers-focused role. While it may seem like an intimidating topic, it’s much more accessible than you might think.
Concepts such as cash flow and profitability are essential to understanding your organization’s performance and potential, and knowing how to read and interpret a balance sheet is critical to communicating financial results.
Business Skills Every Professional Needs
Pankaj Prashant, an engineer who took the CORe course, said the principles he learned in financial accounting helped him build his technical expertise and advance his career.
“I followed my company’s annual report and the accounting I learned helps me understand where the company may be going in the future,” said Prashant. “I have also been following several other companies for investment purposes and feel that I can make better decisions with my improved knowledge of the company’s finances.”
Whether you’re just starting out on your professional journey or working at a senior level, it pays to be an effective negotiator. A report by the World Economic Forum identified negotiation as one of the top 10 skills needed to thrive in future careers.
Improving your negotiation skills not only adds value to your organization at the negotiating table, but also to yourself when negotiating for a higher starting salary or promotion.
Improving Knowledge Transfer In Your Organization
There is no one-size-fits-all approach to developing an effective negotiation strategy. The key, according to HBS professor Mike Wheeler, who teaches Negotiation Skills, is to be open to innovation and be willing to think on your feet.
“As much as you see yourself as a mediator, most of the people you work with probably have at least a different approach,” Wheeler said. “Therefore, to be successful, you have to be smart. This means that you stretch yourself to use different skills depending on the situation and the people you are dealing with. ”
Strong management skills are linked to organizational success. A Gallup study found that managers account for 70 percent of the difference in employee engagement, highlighting the need for companies to develop leaders who drive productivity and team behavior across the workforce.
It is important for experienced and aspiring managers to know how to conduct meetings and communicate organizational changes. It is also important to know the common mistakes that team leaders make.
Business Intelligence Data Scientist
Data scientists are skilled experts that specialize in gathering, scrutinizing, and deciphering extensive datasets.
In order to excel in this domain, individuals need to possess a robust education in business intelligence. Fortunately, there is a diverse range of educational programs accessible to individuals interested in pursuing a profession in data science.
These programs frequently encompass subjects like as statistical analysis, machine learning, data visualization, and database management.
In addition, they may also address business-specific subjects such as finance, marketing, and economics. Upon completion of these programs, data scientists possess the necessary skills to comprehend intricate data sets and extract significant insights from them, which can be utilized to guide organizational decision-making.
Given the increasing need for data-driven decision-making in the corporate realm, educational programs focused on business intelligence remain a crucial asset for individuals aiming to become data scientists.
Manager of Business Intelligence
A Business Intelligence Manager plays a crucial role as a member of an organization’s management team. This professional is accountable for supervising the gathering, examination, and usage of data to influence company decisions and enhance performance.
They collaborate closely with other departments to discover areas of enhancement, formulate plans, and execute solutions based on data-driven insights.
An accomplished Business Intelligence Manager possesses a profound comprehension of data management, analytics, and visualization technologies and methodologies.
In addition, they possess adept communication skills, enabling them to condense intricate data into lucid and implementable insights for diverse stakeholders.
In the current dynamic corporate landscape, the significance of a corporate Intelligence Manager is heightened, as organizations need to promptly and precisely adapt to evolving market circumstances in order to maintain their competitiveness.
The increasing accumulation and acquisition of data by firms will undoubtedly lead to a rise in the demand for proficient Business Intelligence Managers.
