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Analytics and Organisational Impacts

Analytics and Organisational Impacts

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COURSE DESCRIPTION

Strategically deployed analytics initiatives can transform business operations – but also raise key ethics and privacy questions. This Melbourne MicroCert is ideal for mid to late-career ICT professionals who want to future-proof their skillsets and gain a deeper understanding of how analytics can drive organisational success. Examine the impact of various analytics: Explore the different types of analytics (descriptive, predictive, prescriptive, and real-time) and their impacts on business operations such as human resources, business processes, supply chains and finance. Learn how to apply these for success, as well as explain and justify a chosen analytics approach. Investigate key ethical and privacy questions: Consider responsibilities regarding privacy of personal information and investigate the concepts of big data, identity and ethics. Identify the implications for analytics and decision making, and recommend strategies to mitigate risk. Explore how analytics can drive competitive edge: Gain a deeper understanding of how organisations can better harness analytics to secure a competitive advantage. Use this knowledge to develop a pitch and proposal for a hypothetical analytics initiative that could be applied to your own professional context.

Skills and learning outcomes: By the end of this course, you’ll have a deeper understanding of how analytics initiatives can drive better outcomes for organisations. You’ll be able to: Formulate an analytics initiative for an organisation, explaining and justifying the type of analytics approach chosen; Assess the organisational issues relating to ethics, privacy and identity, and recommend strategies to mitigate risk when dealing with strategic data.

EDUCATIONAL INSTITUTION

Established in 1853, the University of Melbourne enjoys an outstanding reputation with world rankings, consistently being placed as Australia’s leading comprehensive research-intensive university, and is one of the world’s top 50 (as per Times Higher Education World University Rankings 2015 – 2016 and Academic Ranking of World Universities 2015). There are over 80 different undergraduate study areas and over 270 graduate courses at Melbourne for students to choose from. The University has extensive global networks and has seven campus locations across Melbourne and rural Victoria.

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Established in 1853, the University of Melbourne enjoys an outstanding reputation with world rankings, consistently being placed as Australia’s leading comprehensive research-intensive university, and is one of the world’s top 50 (as per Times Higher Education World University Rankings 2015 – 2016 and Academic Ranking of World Universities 2015). There are over 80 different undergraduate study areas and over 270 graduate courses at Melbourne for students to choose from. The University has extensive global networks and has seven campus locations across Melbourne and rural Victoria.

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