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Carmen Rojas
By the end of this project, you will be able to create effective metrics for a business. You will learn what metrics are, how to create benchmarks, and how to build a system for sharing and evaluating metrics. Excel is a great tool to use if you have plans to adopt a data-driven approach to making business decisions. We will be sharpening our data analysis tools in Excel during this project.
Read more
By the end of this project, you will be able to create effective metrics for a business. You will learn what metrics are, how to create benchmarks, and how to build a system for sharing and evaluating metrics. Excel is a great tool to use if you have plans to adopt a data-driven approach to making business decisions. We will be sharpening our data analysis tools in Excel during this project.
Read more
By the end of this project, you will be able to create effective metrics for a business. You will learn what metrics are, how to create benchmarks, and how to build a system for sharing and evaluating metrics. Excel is a great tool to use if you have plans to adopt a data-driven approach to making business decisions. We will be sharpening our data analysis tools in Excel during this project.
This is a great tool to use if you have plans to use data, analytics, and or metrics to improve your business functions and decision making.
Familiarity with basic business statistics and terms is helpful, but not required.
Register for this course and see more details by visiting:
OpenCourser.com/course/35w1co/how
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What's inside
Syllabus
Project Overview
By the end of this project, you will be able to create effective metrics for a business. You will learn what metrics are, how to create benchmarks, and how to build a system for sharing and evaluating metrics.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Intended for beginners interested in improving data-driven decision making in business settings
Equips learners with practical skills in creating effective metrics, benchmarking, and establishing a metric-sharing system
Introduces Excel as a valuable tool for data analysis and business decision making
Save this course
Save How To Create Effective Metrics to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in How To Create Effective Metrics with these
activities:
Read 'Measuring and Managing Performance in Organizations'
Show steps
Gain insights from experts by reading this book, which provides a comprehensive overview of best practices in performance measurement.
View
Net Zero Business Models: Winning in the Global...
on Amazon
Show steps
-
Read the book thoroughly and take notes.
-
Summarize the key concepts and apply them to your understanding of business metrics.
Review basic business statistics concepts
Show steps
Refresh your understanding of basic business statistics to strengthen your foundation for creating effective metrics.
Browse courses on
Business Statistics
Show steps
-
Go over lecture notes or textbooks covering basic statistics concepts.
-
Solve practice problems or review online resources to reinforce your understanding.
Practice creating metrics for hypothetical business scenarios
Show steps
Reinforce your understanding of creating metrics by applying these concepts to hypothetical business scenarios.
Show steps
-
Identify key business objectives for a hypothetical scenario.
-
Determine relevant metrics that align with these objectives.
-
Create sample data and calculate the metrics for the given scenario.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Explore best practices for data analysis in Excel
Show steps
Enhance your data analysis skills in Excel by following guided tutorials, which will provide practical insights and reinforce the concepts taught in the course.
Browse courses on
Data Analysis
Show steps
-
Search for tutorials on specific Excel functions or techniques.
-
Follow the instructions provided in the tutorials.
-
Apply the techniques learned in tutorials to real-world data sets.
Critique and provide feedback on peer-created metrics
Show steps
Engage with peers to share insights and improve your understanding of creating and evaluating effective metrics.
Show steps
-
Create a metric or benchmark for a specific business scenario.
-
Share your metric with peers and receive feedback.
-
Provide constructive feedback on the metrics created by your peers.
Develop a dashboard to track business metrics
Show steps
Apply your knowledge of metrics and data analysis to create a functional dashboard that effectively tracks and presents key business metrics.
Browse courses on
Data Visualization
Show steps
-
Gather data from relevant sources.
-
Select appropriate metrics and visualizations for the dashboard.
-
Design and implement the dashboard using a tool like Power BI or Google Data Studio.
-
Test and iterate on the dashboard to ensure clarity and usability.
Participate in a business case competition focused on metrics
Show steps
Challenge yourself and apply your skills in a competitive environment to develop and present effective business metrics.
Show steps
-
Identify a business case competition that aligns with your interests.
-
Form a team or work individually to develop a solution.
-
Create and present a proposal outlining your proposed metrics and analysis.
Read 'Measuring and Managing Performance in Organizations'
Show steps
Gain insights from experts by reading this book, which provides a comprehensive overview of best practices in performance measurement.
View
Net Zero Business Models: Winning in the Global...
on Amazon
Show steps
Show steps
Show steps
- Read the book thoroughly and take notes.
- Summarize the key concepts and apply them to your understanding of business metrics.
Review basic business statistics concepts
Show steps
Refresh your understanding of basic business statistics to strengthen your foundation for creating effective metrics.
Browse courses on
Business Statistics
Show steps
Show steps
Show steps
- Go over lecture notes or textbooks covering basic statistics concepts.
- Solve practice problems or review online resources to reinforce your understanding.
Practice creating metrics for hypothetical business scenarios
Show steps
Reinforce your understanding of creating metrics by applying these concepts to hypothetical business scenarios.
Show steps
Show steps
Show steps
- Identify key business objectives for a hypothetical scenario.
- Determine relevant metrics that align with these objectives.
- Create sample data and calculate the metrics for the given scenario.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Explore best practices for data analysis in Excel
Show steps
Enhance your data analysis skills in Excel by following guided tutorials, which will provide practical insights and reinforce the concepts taught in the course.
Browse courses on
Data Analysis
Show steps
Show steps
Show steps
- Search for tutorials on specific Excel functions or techniques.
- Follow the instructions provided in the tutorials.
- Apply the techniques learned in tutorials to real-world data sets.
Critique and provide feedback on peer-created metrics
Show steps
Engage with peers to share insights and improve your understanding of creating and evaluating effective metrics.
Show steps
Show steps
Show steps
- Create a metric or benchmark for a specific business scenario.
- Share your metric with peers and receive feedback.
- Provide constructive feedback on the metrics created by your peers.
Develop a dashboard to track business metrics
Show steps
Apply your knowledge of metrics and data analysis to create a functional dashboard that effectively tracks and presents key business metrics.
Browse courses on
Data Visualization
Show steps
Show steps
Show steps
- Gather data from relevant sources.
- Select appropriate metrics and visualizations for the dashboard.
- Design and implement the dashboard using a tool like Power BI or Google Data Studio.
- Test and iterate on the dashboard to ensure clarity and usability.
Participate in a business case competition focused on metrics
Show steps
Challenge yourself and apply your skills in a competitive environment to develop and present effective business metrics.
Show steps
Show steps
Show steps
- Identify a business case competition that aligns with your interests.
- Form a team or work individually to develop a solution.
- Create and present a proposal outlining your proposed metrics and analysis.
Career center
Learners who complete How To Create Effective Metrics will develop knowledge and skills
that may be useful to these careers:
Data Analyst
Data Analyst
Data Analysts uncover insights and trends from data to help businesses make informed decisions. This course will give you a leg up on your journey to becoming a Data Analyst by teaching you how to create effective metrics, how to create benchmarks, and how to build a system for sharing and evaluating metrics. You will also learn how to use Excel for data analysis, which is a valuable skill for a Data Analyst.
Statistician
Statistician
Statisticians collect, analyze, and interpret data. This course will give you a strong foundation for a career as a Statistician by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Statistician.
Business Analyst
Business Analyst
A Business Analyst will help organizations become more efficient and profitable. By determining how to measure performance and success, a Business Analyst can help propel the company to new heights. This course will help you take your first steps toward a career as a Business Analyst by teaching you how to create effective metrics, how to establish a system for sharing metrics, and how to use Excel for data analysis.
Entrepreneur
Entrepreneur
Entrepreneurs start and run their own businesses. This course will help you get started on your journey to becoming an Entrepreneur by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for an Entrepreneur.
Performance Improvement Consultant
Performance Improvement Consultant
Performance Improvement Consultants help organizations improve their performance. This course will give you a foundational understanding of how to create effective metrics and how to build a system for sharing and evaluating metrics. These are essential skills for a Performance Improvement Consultant.
Business Development Manager
Business Development Manager
Business Development Managers identify and develop new business opportunities. This course will set you on the right path for a career as a Business Development Manager by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Business Development Manager.
Project Manager
Project Manager
Project Managers plan, execute, and close projects. This course will introduce you to the fundamentals of project management, including how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are essential skills for a Project Manager.
Research Analyst
Research Analyst
Research Analysts conduct research on a variety of topics. This course will help you prepare for a career as a Research Analyst by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Research Analyst.
Sales Manager
Sales Manager
Sales Managers oversee the sales team and are responsible for achieving sales goals. This course will help you take your first steps toward a career as a Sales Manager by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Sales Manager.
Financial Analyst
Financial Analyst
A Financial Analyst helps individuals and organizations make smart decisions about investing and other financial matters. This course will help set you on your way to becoming a Financial Analyst by providing you with foundational knowledge of how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, all of which are essential skills for a Financial Analyst.
Marketing Manager
Marketing Manager
Marketing Managers plan and execute marketing campaigns. This course will give you a leg up on your journey to becoming a Marketing Manager by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Marketing Manager.
Operations Manager
Operations Manager
Operations Managers oversee the day-to-day operations of a business. This course will help you on your way to becoming an Operations Manager by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for an Operations Manager.
Market Researcher
Market Researcher
Market Researchers help businesses understand their customers and their needs. This course will lay a strong foundation for a career as a Market Researcher by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are essential skills for a Market Researcher.
Consultant
Consultant
Consultants provide advice and guidance to businesses on a variety of topics. This course will help lay the groundwork for a career as a Consultant by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Consultant.
Product Manager
Product Manager
Product Managers are responsible for the development and launch of new products. This course will help you get started on your path to becoming a Product Manager by teaching you how to create effective metrics. You will also learn how to create benchmarks and build a system for sharing and evaluating metrics, which are all essential skills for a Product Manager.
For more career information including salaries, visit:
OpenCourser.com/course/35w1co/how
Reading list
We've selected ten books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
How To Create Effective Metrics.
Save
Provides a comprehensive guide to the field of data science, covering topics such as data collection, analysis, and visualization. It highlights the importance of ethical considerations and the real-world impact of data science.
Save
Provides insight into how large organizations like Google use metrics and key outcomes to roll out metrics that make the business more efficient and help with operation procedures.
Can serve as a reference for the usage of Excel to perform data analysis tasks in order to build data dashboards to report on metrics.
Provides a practical guide to Bayesian analysis using R and Stan, covering a wide range of topics from basic concepts to advanced techniques, with an emphasis on applied examples.
Is commonly used to teach the lean methodology, which customer-centric approach to building a successful business by adapting quickly to feedback through continuous innovation.
A comprehensive guide to KPIs, covering their definition, development, and use. Provides practical tips and examples for using KPIs to measure and improve business performance.
Save
A guide to benchmarking best practices. Provides a step-by-step process for identifying, measuring, and comparing best practices to improve business performance.
Save
A practical introduction to data visualization, covering the principles and techniques of creating effective data visualizations. Helpful for learners with limited data visualization experience.
A guide to using data visualization to tell stories and communicate insights. Provides practical tips and examples for using data visualization to engage audiences and make an impact.
Save
A novel that introduces the theory of constraints, a management philosophy focused on identifying and removing constraints to improve performance.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/35w1co/how
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Effort
1.5 hours
Level
Intermediate
Via
Coursera
Institution
Coursera Project Network
Instructor
Carmen Rojas
Language
English
Good to know
Intended for beginners interested in improving data-driven decision making in business settings
Equips learners with practical skills in creating effective metrics, benchmarking, and establishing a metric-sharing system
Introduces Excel as a valuable tool for data analysis and business decision making
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