F-SS07 Discard the Noise of Information

F-SS07 Discard the Noise of Information 2019-02-28T11:18:16+00:00

Project Description

This course is for those who have become tired of getting too many data, too much information and still not being able to use them appropriately. It is ideal for middle to top managers or even new employees who may, in the course of their normal duties, be called upon to take up a position in their company’s decision making process. Alternatively, the course would suit anyone within the company who wishes to understand the principles of how to select the right information for the right purpose.

Why attend

We can say that Companies in order to survive and prosper in the next decade will need to prepare the information framework for the Top Management.

This enterprise-wide information framework must be designed for the Top Management necessities, to facilitate the understanding of the company, the control, the decision making and the communication with the rest of the company

Course Objectives

By the end of the course, participants will be able to:

    • Distinguishing different types of information
    • Understanding the importance of timeliness inherent in an information system
    • Understanding reliability in information and its resulting outcomes
    • Uses of information
    • Designing a lean control system for Top Management
    • Types of Reporting
    • Learning to select and use various Data Analysis techniques for a specific case

Who should attend

This course is ideal for either managers who are or may be involved in any level of decision making or employees who may, in the course of their normal duties, be called upon to take up a position in this decision making process. Alternatively, the course would suit anyone within the company who wishes to understand the principles of selecting and using the right information for the right purpose

Course Outline

  • Definitions

    What is Data – What is Information – What is Knowledge – What is Intelligence

    Types of Information

    Existing types of Information – Sources of information – Information collection systems

    Timeliness & Reliability of Information

    How timeliness is defined – Reliability in Information: truth or myth? – Factors distorting information – Resulting outcomes of distorted information – Examples

    Design of a lean control information system

    What is an Information System – Conventional information systems – What is a control system – Basic principles of lean management philosophy – Application of lean principles in the design of a lean control system – End user requirements

    Reporting

    Types of Reporting – Select the right report for the right person or specific case – Criteria to be used – Design of a Report – Use of a Report – Roles & Responsibilities attached to a reporting process

    Data Analysis Techniques

    What is Data Analysis – Pareto Analysis – ABC Analysis – Statistical Analysis – Sensitivity Analysis – Customized Solutions – Business Intelligence

    Case Study

    As a practical exercise participants will be given the opportunity to apply what they have learnt, in a real case study

The workshop

This interactive training course includes the following training methodologies as presented on the next column based on percentage of the total tuition hours:

Lectures

30%

Workshops & Work presentation

30%

Case Studies & Practical Exercises

20%

Videos, Sofware & General Discussion

20%

The course instructor may modify the above training methodology before or during the course for technical reasons with no prior notice to participants.

Falcon Consulting Professionals is established in Greece for the last 15 years in the areas of technical consulting and professional training for the local industries. Falcon is expanding in GCC, aiming to provide the best consulting and training solutions to the industries of the region. Falcon’s instructors are accredited trainers and highly experienced in their fields, as well as adult training. We aspire to build our business relationships on mutual trust. The achievement of results with an emphasis on innovation and sustainability, quality, cost analysis and time scheduling are non-negotiable from the conceptual phase of the training.

Project Details

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