Course Code:
datalitbspk
Duration:
3 hours
Prerequisites:
None
Audience
- Managers from the Sustainability team
Overview:
The Sustainability team is tasked with providing insights and recommendations based on data from Puma factories.
The aim of the session is to foster in managers a data driven mindset and to make better use of data and analytics within their function The latter can be achieved through self-developed analyses and closer collaboration with the central data team.
Constraints:
- Not hands-on; focused on concepts, mindset and examples
- Fixed date, time and duration
- Unlikely to be able to break the cohort up into anything smaller
Course Outline:
Initial Overview
- Introduction: Importance of Data Analytics in Sustainability
- Brief overview of the current landscape in sustainability and how analytics play a role.
Part I: The Why
- Why Invest in Data and Analytics
- Discussion on the value drivers
- Deeper insights and better understanding of hidden drivers
- Speed of decision-making and process efficiencies
- Regulatory drivers (especially in ESG) and risk management
- Sustainable ROI – Measuring the return on investment from sustainable initiatives using analytics
Part II: The What
- Overview of Types of Analytics
- Theory and examples covering descriptive, predictive, diagnostic, and prescriptive analytics
- Case Studies: Real-world applications in sustainability efforts
- Orientation on Analytics and AI
- How machine learning and AI can be applied in sustainability projects
- Ethical Considerations: AI and data bias, data privacy, etc.
Part III: The How
- Deep Dive into the Data Lifecycle
- From data creation to insights
- Data collection methods
- Data cleansing
- Storing and cataloging
- Data Security: Ensuring the integrity and confidentiality of data
- Data Visualization and Insights Deep Dive
- Importance of clear data visualization
- Tools for effective data visualization
Reflections and Next Steps
- Challenges in Fostering a Data Culture
- Governance, tooling, and skilling
- Change Management: How to get buy-in from various stakeholders
- Conclusion and Wrap-up