iabac.org
Data Science for Managers:
Essential Tools and
Strategies
Data-driven decisions outperform intuition-based
decisions.
Managers can identify trends, risks, and opportunities
efficiently.
Examples: Forecasting sales, optimizing resources,
improving customer experience.
Visual: Infographic showing โ€œIntuition vs Data-Driven
Decisionsโ€
iabac.org
Why Data Science Matters for
Managers
iabac.org
Data Types: Structured, Unstructured, Semi-structured.
Analytics Levels: Descriptive, Diagnostic, Predictive,
Prescriptive.
Machine Learning Basics: Supervised vs Unsupervised
learning.
Visual: Hierarchy diagram of analytics levels.
Core Data Science Concepts
iabac.org
Data Analysis & Visualization: Excel, Tableau, Power BI.
Statistical Tools: R, Python (pandas, numpy).
Collaboration & Workflow: Jupyter, Google Data Studio,
Slack integration.
Visual: Tool logos in an organized grid.
Essential Tools for Managers
iabac.org
Establishing clean and reliable data pipelines.
Use of CRM, ERP, and cloud databases.
Importance of data governance & compliance.
Visual: Flowchart of โ€œData Collection โ†’ Storage โ†’
Analysis โ†’ Actionโ€.
Data Collection & Management
Strategies
iabac.org
Focus on key metrics aligned with business goals.
Avoid common pitfalls: correlation vs causation, biased
data.
Use dashboards for actionable insights.
Visual: Sample dashboard with KPIs.
Interpreting Data Effectively
iabac.org
Forecasting demand, sales, and resource allocation.
Risk analysis and scenario planning.
Example: Predictive churn analysis for customers.
Visual: Line chart showing prediction vs actual.
Predictive Analytics for
Managers
iabac.org
Case study: How data improved decision quality.
Balancing human intuition with analytics.
Continuous improvement via feedback loops.
Visual: Decision-making flowchart with data inputs.
Data-Driven Decision Making
iabac.org
Common challenges: Data quality, tool adoption,
resistance to change.
Best practices: Clear KPIs, iterative approach, manager-
data scientist collaboration.
Encouraging a data-driven culture in teams.
Visual: Table of โ€œChallenges vs Solutionsโ€.
Challenges & Best Practices
Thank You
Visit: iabac.org

Data Science for Managers Essential Tools and Strategies | IABAC

  • 1.
    iabac.org Data Science forManagers: Essential Tools and Strategies
  • 2.
    Data-driven decisions outperformintuition-based decisions. Managers can identify trends, risks, and opportunities efficiently. Examples: Forecasting sales, optimizing resources, improving customer experience. Visual: Infographic showing โ€œIntuition vs Data-Driven Decisionsโ€ iabac.org Why Data Science Matters for Managers
  • 3.
    iabac.org Data Types: Structured,Unstructured, Semi-structured. Analytics Levels: Descriptive, Diagnostic, Predictive, Prescriptive. Machine Learning Basics: Supervised vs Unsupervised learning. Visual: Hierarchy diagram of analytics levels. Core Data Science Concepts
  • 4.
    iabac.org Data Analysis &Visualization: Excel, Tableau, Power BI. Statistical Tools: R, Python (pandas, numpy). Collaboration & Workflow: Jupyter, Google Data Studio, Slack integration. Visual: Tool logos in an organized grid. Essential Tools for Managers
  • 5.
    iabac.org Establishing clean andreliable data pipelines. Use of CRM, ERP, and cloud databases. Importance of data governance & compliance. Visual: Flowchart of โ€œData Collection โ†’ Storage โ†’ Analysis โ†’ Actionโ€. Data Collection & Management Strategies
  • 6.
    iabac.org Focus on keymetrics aligned with business goals. Avoid common pitfalls: correlation vs causation, biased data. Use dashboards for actionable insights. Visual: Sample dashboard with KPIs. Interpreting Data Effectively
  • 7.
    iabac.org Forecasting demand, sales,and resource allocation. Risk analysis and scenario planning. Example: Predictive churn analysis for customers. Visual: Line chart showing prediction vs actual. Predictive Analytics for Managers
  • 8.
    iabac.org Case study: Howdata improved decision quality. Balancing human intuition with analytics. Continuous improvement via feedback loops. Visual: Decision-making flowchart with data inputs. Data-Driven Decision Making
  • 9.
    iabac.org Common challenges: Dataquality, tool adoption, resistance to change. Best practices: Clear KPIs, iterative approach, manager- data scientist collaboration. Encouraging a data-driven culture in teams. Visual: Table of โ€œChallenges vs Solutionsโ€. Challenges & Best Practices
  • 10.