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Facilitate and sustain data-driven growth

07 June 2023  | 
by Ruby Ali

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Blog

According to Forrester, data-driven companies grow more than 30% each year. Yet with Britain facing a significant data skills shortage that costs the economy anywhere between £12.8bn and £73.3bn every year, it’s no surprise that 46% of businesses struggle to recruit skilled data candidates.

From the cost of living crisis to a rise in emerging tech, businesses rely on data more than ever to make informed decisions that sustain growth, maximise profits and minimise risk. Forward-thinking organisations need to learn data insights to effectively analyse, interpret and use data to drive growth and success.

The Level 3 Data-Driven Decision-Making apprenticeship is designed to develop the skillsets businesses need to adapt to emerging challenges. Tailored to suit various businesses, industries and departments, the data training course provides learners with the skills and knowledge required to work with data effectively.

Level 3 Data-Driven Decision-Making

The data training course supports businesses in developing the skills to stay competitive in today’s fast-paced business landscape. Working with organisations to develop tailored programmes that work towards key objectives, the data analytics training programme is valuable for various departments including finance, HR, marketing, risk analysis and customer relationship management (CRM).

Finance

Data-driven finance replaces guesswork with predictive analysis that minimises risk. The data analyst training programme supports finance teams in leveraging data to make informed financial decisions that strengthen profitability.

HR

HR departments are increasingly using data to make informed decisions about recruitment, employee retention, and workforce planning. The data training course provides HR professionals with the skills and knowledge required to make data-driven decisions relating to hiring, retention, employee wellbeing and business operations.

Marketing

Successful marketing campaigns rely on consumer data. With various modules on collecting, analysing and implementing analytic data, data analytics training equips marketing teams with the knowledge to optimise marketing campaigns to maximise reach, engagement and ROI.

Risk analysis

With just 50% of businesses using available data to make decisions, many organisations are missing key opportunities to mitigate emerging risks. The L3 data analyst training course facilitates learners in building comprehensive data competencies to identify and prevent potential risks.

CRM

65% of a company’s business comes from repeat customers, putting CRM at the heart of business performance. The data training course equips CRM teams with the ability to develop data-driven strategies that simplify data cleansing, reporting and tracking to refine customer retention techniques.

Data-driven growth

Data plays a critical role in today’s evolving business landscape, helping businesses to improve business functions and performance to support business growth.

The Data-Driven Decision-Making L3 apprenticeship is a valuable investment for both individuals and businesses looking to stay ahead in today’s data-driven business environment. With the skills and knowledge gained from the data analytics training course, learners can effectively analyse and interpret data to make informed decisions that drive business success.

Learn data analytics with Instep

An apprenticeship training provider with over 25+ years of experience, Instep’s data training course grants learners an improved comprehension of data and business practices to drive efficiency, maximize profitability and develop a competitive edge.

Adopt the advantage of data-driven insight – enrol today.