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Summary & Takeaways

Summary points and key topics for this week
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Active Engagement Points

✅ Key Topics Explored

Engage with these reflection points to deepen your understanding and apply what you’ve learned.

Why Do Businesses Collect Data?

Businesses and organisations collect data for various reasons. Reflect on the following:
– What are the primary drivers behind data collection in your industry?
– How does data help solve business challenges or improve efficiency?
– Are there examples where data collection has led to innovation?


Understanding Data Types

Data can be classified in multiple ways, including:
By Type: Quantitative vs. Qualitative
By Format: Text, images, videos, structured databases, etc.
By Sensitivity: Public, confidential, personally identifiable information (PII), etc.

❓ Reflection Questions:
– What types of data does your organisation collect?
– How does the format and sensitivity of data impact how it is used?
– What best practices should be followed when handling different types of data?


Evaluating the Benefits of Data Analysis

Data analysis can transform businesses, but only when used effectively.

❓ Ask yourself:
– How does data drive decision-making in your role?
– Have you seen a real-world example where data analysis helped an organisation improve?
– What are the potential risks of relying too much on data, or not enough?


Takeaway & Application

Reflect on Today’s Learning

  • ✅ What is one key thing you learned today about data and decision-making?
  • ✅ How will you apply this knowledge in your workplace?

➕ Action Step: Write down one practical way you can incorporate better data practices into your daily workflow. Set a goal to implement this change in the next month.


** Data is only valuable when applied effectively—how will you use it to drive better decisions?**

© Tiro Training Ltd
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