Demystifying Decision Science

Overview

Solidify your decision science skills by designing data-informed frameworks and implementing efficient solutions. Learn Decision Science Fundamentals!

Dive into the fundamentals of decision science, exploring core principles, methodologies, and real-world applications. You will develop a strong understanding of decision modeling, problem framing, and the ethical considerations involved in data-driven decision-making.

Implement Like a Pro You will discover how to efficiently implement decision science projects, from defining clear success criteria to building a data-driven culture within your organization. The next chapter will equip you with practical techniques for data source assessment, quality checks, feature selection, and model prioritization.

Master Decision Science Applications Expand your knowledge by exploring the diverse applications of decision science across various industries, including marketing, finance, and operations. You will practice and develop effective communication strategies to present data-driven insights to stakeholders and build consensus around data-informed decisions.

Explore Future Trends Stay ahead of the curve by examining emerging trends and advancements in decision science. You will gain valuable insights into the integration of artificial intelligence (AI) in decision-making, the power of big data analytics, and the evolving role of human-in-the-loop decision-making.

Syllabus

• Foundations of Decision Science
Explore the core principles of decision science and its significance in modern business. Develop a foundational understanding of decision modeling techniques, problem-framing strategies, and the ethical considerations surrounding data-driven decision-making.
• Efficient Decision Science
Gain practical skills in implementing decision science projects efficiently. Learn to define success criteria, assess data sources, perform quality checks, select relevant features, prioritize models, and foster a data-driven culture within your organization.
• Decision Science in Action
Discover the diverse applications of decision science across various industries, including marketing, finance, and operations. Master effective communication strategies for presenting data-driven insights to stakeholders and build consensus around data-informed decisions. Explore future trends and advancements in the field.

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Taught by

Howard Friedman and Akshay Swaminathan

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Subjects

Business