Leading in a Data-Driven World: Developing Quantitative Intuition™
Overview
Business leaders face a billowing stream of data and information on any given workday. With this firehose of information, leaders and their teams must make hundreds of business decisions under uncertainty, yet the process is usually slow, inefficient, or suboptimal.
Often, these decisions are made based on previous experiences, "business as usual," or staying in their comfort zone instead of synthesizing new and existing data. The challenge is:
- How can executives decipher meaningful information from the clutter?
- How can executives ensure their decisions impact business against the flood of information washing over them?
- How can they become catalysts of change in the face of uncertainty?
In our Leading in a Data-Driven World: Developing Quantitative Intuition™ program, we train participants to learn how to make smarter decisions with incomplete information via precision questioning and interrogation of data by putting the data in context and synthesizing the information to arrive at faster, better decisions.
As part of the program, participants will engage in a unique immersive data-driven decision-making experience that tests individual and team-level decision-making skills under pressure and with limited information. This combination of lesson and application creates a high-energy, dynamic learning environment, ensuring executives leave with essential insights and tools they can immediately apply to their team and organization.
The faculty directors of this program perfectly bridge theory and practice. Building on their rich experience from Amazon, American Express, Deloitte, Google, IBM, and Microsoft, as well as academia and their book, Decisions Over Decimals: Striking the Balance Between Intuition and Information.
Please contact our Learning Solutions Specialists at +1 212-854-3395 for a personal conversation to learn more.
- Highly data-driven organizations are three times more likely to report significant improvement in decision-making. [1]
- 3X
- Amount of time executives spend making decisions, but feel much of this time is wasted. [2]
- ~40%
- of employees believe they are fully prepared to use data effectively. [3]
- 25%
[1] Think With Google. [2] McKinsey. [3] Accenture.
Key Benefits
With Columbia Business School’s Leading in a Data-Driven World: Developing Quantitative Intuition™ program, executives will acquire the skills and conventional wisdom that they need to make sound business decisions under uncertainty.
Participants will:
- Return to their organization with the competencies to make more informed decisions and lead change
- Learn how to gather, understand, and find value in data across the business continuum
- Become proficient in extracting meaningful insights
- Learn how to make decisions with incomplete information
- Develop a set of pragmatic communication techniques
- Learn how to build a culture of efficient decision-making
- Build a network of peers from different sectors, cultures, and countries who can provide diverse perspectives and insights
An essential aspect of the program involves hands-on experience with data-driven decision-making through multiple practical exercises and immersive learning simulation, enabling executives to apply the concepts upon returning to their organization immediately.
Program Content
This program is taught workshop style with lectures, guest speakers, and in-class exercises. Throughout the program, executives will work on a group project that provides an opportunity to integrate Quantitative Intuition™ steps into their decision-making process amidst ambiguity. Program sessions will be devoted to exploring the material through analysis of cases and applying the concepts to real-world situations.
Agile decision-making is grounded in how you think, not how hard you work. We often jump into solution mode often confusing activity with impact. In our rush toward a solution, we neglect to frame the problem. In this Quantitative Intuition™ pillar, learn the powerful “I wish I knew” technique to identify the core fundamental issue, as well as the power of working backward from a decision.
Participants will:
- Understand their biases
- Discover the power of questions
- Learn how to ask data-driven questions
- Work backward from a decision
Quantitative Intuition™ Framework
Participant Profile
- Executive Leaders and Decision-Makers: Senior executives and decision-makers across various industries who face the challenge of making strategic and operational decisions amidst an overwhelming influx of data.
- Managers and Directors in Data-Intensive Roles: Professionals in roles where data analysis and interpretation are crucial, such as data analytics managers, business intelligence directors, and IT managers.
- Strategists and Consultants: Individuals in consulting, strategic planning, and advisory roles who assist organizations in navigating the data-driven business landscape.
- Cross-Functional Leaders: Managers and leaders from cross-functional teams, including marketing, finance, operations, and product development, who require a comprehensive understanding of how to utilize data effectively in their respective domains.
- Innovators and Change Agents: Professionals driving innovation and change within their organizations, such as heads of innovation, growth, and transformation leaders.
Testimonials
“Quantitative Intuition is truly one of the best classes I have ever taken. Professor Netzer, Frank and Magnone opened my eyes to a new way of thinking; the insights I gained from this class have had an immediate impact on the way I strategize and lead in my organization.”
Robert Reeder
Director of Finance at GlassView LLC“Superb context to a balanced and pragmatic approach to using data in your decision-making process by combining it with practical intuition.”
Juan Freyre
Director of Planning & Logistics at Johnson & Johnson“This course went right to the heart of the day-to-day challenges I face with decision and data and provided practical and useful insights for addressing them.”
Akolade Oni
CMO & Strategy Head at Axa Mansard Insurance Plc“This class helped me put common sense to practical use. Excellent teachers who were very enlightening. Definitely lots to take back to my organization!”
Nilanjana Ramsinghani
Director and Owner at Rama Phosphates Ltd“An absolute must for anyone in this data-driven world, especially if you must present to executives or clients.”
Alexander Sharpe
Principal at UBSFaculty
Oded Netzer
Arthur J. Samberg Professor of Business, Columbia Business School
“Information is essential to making intelligent decisions, but more often than not, it overwhelms us in today’s data-rich environment. We’ll equip you with a systematic framework to make smarter decisions under uncertainty.”
Oded Netzer
Vice Dean of Research and the Arthur J. Samberg Professor of Business at Columbia Business School,Hear about the program from faculty co-directors Oded Netzer, Paul Magnone, and Christopher Frank, as they highlight the importance of developing quantitative intuition that enables executives to make smart decisions despite ambiguity.
FAQ
Assignments
Will there be any homework or assignments?
For select programs, there will be some assignments to complete after the end of select program sessions. Assignments will typically consist of readings, self-reflections, and brief assessments. This approach is designed to help you practice your learnings.
How long will assignments take?
We do not expect that homework assignments will take up a large amount of time to complete.
Will there be any examinations or grades?
There will be no examinations or grades for our live online programs.
Certification
I’m interested in the Certificate in Business Excellence (CIBE), how do I get started?
At Columbia Business School Executive Education, you’ll be able to customize a unique learning experience by selecting programs that best interest you and are most suited for your needs. Any completed program, regardless of format (live online, in-person, or online), will count towards the Certificate in Business Excellence.
Which programs qualify for the CIBE?
Any completed executive education program, regardless of format (live-online, in-person, or online), will count towards the Certificate in Business Excellence. Partner programs will also count towards the certificate.
What programs are considered partner programs?
Executive education programs developed and administered with our educational partners, bring the best of our combined knowledge, thought leadership, resources, and expertise. Kindly find a list of our partners here on our partnership page.
What are the costs of the certificate?
There’s no set cost associated with the certificate path since you’re able to customize your learning journey with in-person and online programs (price will vary depending on the program type and length).
Are there any tuition assistance or scholarships?
At Columbia Business School Executive Education, we offer non-degree and non-credit-based professional development programs to the global business community. As our programs are non-degree and non-credit, they do not qualify for financial aid.
How are CIBE credits determined?
Credits for a program are determined by the program duration and total learning hours.
Where do I find information on the credit value for a program?
You will find this information on each program page. Credits range from 0.5 credits – 26 credits per program.
How do I get enrolled in the CIBE?
Your certificate journey will start with your first program, and you have 4 years to complete your CIBE. You may register for any of our executive education programs on each program page. You may enroll using the “Enroll Now” button, and the application process should take 5-10 minutes.
How do I receive credits?
You are required to fully attend a program and complete all necessary coursework in order to receive CIBE credits. Credits are only awarded after you complete a program.
How do I check the status of my Certificate completion?
Kindly reach out to a Learning Solutions representative for any questions on the status of your CIBE credit count.
Do CIBE credits expire?
Credits are only valid for four years (Please note: While we are not able to offer in-person programming due to the COVID-19 pandemic, the duration to complete the programming has been extended to five years.). If you have not completed your CIBE within four years, we will only count non-expired credits towards your CIBE credit total.
Does the Certificate in Business Excellence expire?
Your Certificate in Business Excellence does not expire. Once you become a certificate recipient, you will join the greater alumni community at Columbia Business School.
I’ve reached 18 CIBE credits, what’s next?
Congratulations! You should receive a digital copy of your certificate at the end of your program. If you do not receive a copy from your program manager, kindly contact your Learning Solutions representative or your program manager for next steps.
Will I receive a physical certificate?
Upon completion, you will receive a secure, digital certificate through Accredible. Within the platform you will have the option to print your credential, post it to your LinkedIn feed, or display it on your profile as a certification. Please contact your program manager for the status of your digital certificate.
How do I get access to my alumni benefits?
Once you complete your CIBE, we kindly ask for your patience as we process your alumni credentials. The processing time can take anywhere from 8 to 10 weeks long.
Can I add the Certificate in Business Excellence to LinkedIn?
Yes! We will provide you with instructions on how to add your certificate to your LinkedIn profile after you become a Certificate recipient.
Preferred Pricing and Tuition Benefits for Alumni
Are there preferred pricing options available for live online programs?
Yes, preferred pricing is available for groups of two or more. To inquire, email execed@gsb.columbia.edu.
As a Columbia Business School alumni am I eligible for tuition benefit?
When you earn a Certificate in Business Excellence you will receive a 25 percent tuition benefit for full-price Executive Education in-person programs lasting three and four days and all full-price online programs. Exclusions apply**Which programs do not qualify for a 25 percent tuition benefit?
- Advanced Management Program
- Chief Executive Officer
- Chief Financial Officer
- Chief Marketing Officer
- Chief Investment Officer
- Developing Black Leaders in Financial Services
- Digital Business Leadership Program
- Emerging Leader Development Program
- Executive Development Program
- Executive Program in Management
- Finance and Accounting for the Nonfinancial Executive
- Global Banking Program: Fintech, Digital, and Analytics
- High Impact Leadership
- Leadership Essential
- Leading Strategic Growth and Change
- Strategic Wealth Manager
- Venture Capital Private Equity
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