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08
December

The essence of Predictive Analytics for Managers – Executive Class

08/12/2016 @ 13:00 - 17:00
23 Vorstlaan
Watermaal-Bosvoorde, Brussel 1170 Belgium
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Geert Verstraeten
Geert Verstraeten (PhD) is a dynamic trainer with a solid background both in predictive analytics and in professional training. Geert has 14 years of experience in building predictive models for organisations in a wide array of industries. Since 2006, he is managing partner at Python Predictions (www.pythonpredictions.com), a Brussels-based niche player in Predictive Analytics. Geert is a frequent presenter on academic and business conferences in analytics.

Motivation
Fueled by the energy around Big Data projects, an increasing number of managers are attracted to the domain of analytics. When successfully applied, analytics provides the key to turn data into big value. But how do we ensure organisations reap the maximum return on their investments? How to increase the impact advanced analytical teams have on their organisations? This training provides a backbone for managing projects in Predictive Analytics that maximally impact the organisation. Additionally, this training establishes the foundation for fruitful collaboration between analysts, their peers and decision makers.

Overview
Applying predictive analytics has the potential to bring a huge impact to an organisation. Typical goals of such high-impact projects involve:
(i) increase targeted marketing success by predicting response
(ii) increase marketing relevance by offer personalisation,
(iii) decrease risk exposure by predicting credit or fraud risk,
(iv) increase process efficiency, (iv) retail crucial staff members, etc.
In this training, we focus on the key elements needed for managers to obtain succes through predictive analytics.
The workshop is designed as an interactive learning experience packed with best practices illustrated with real domain experience.

Learning objectives
After the training, participants will be able to define and manage developments in Predictive Analytics.
Concretely, after the training, participants will be able to define a project in predictive analytics in detail & understand:

  • a simple process useful for managing the development of predictive models
  • the intuition of each step in the development process
  • the underlying principles for predictive analytics
  • the requirements and limitations of predictive analytics
  • how to manage and increase usage of predictive analytics

Topics
– what is predictive analytics
– basic underlying principles for predictive analytics
– requirements for predictive analytics
– limitations of predictive analytics
– a reliable process for managing and building predictive models

Prerequisites
Before the start of the first session, participants should attempt to define a concrete and relevant project within their organisation. At completion of the workshop, it is the aim that managers will be able to further define and understand the steps needed to manage this challenge to success.

Details
Date: 08/12/2016
Time: 13:00 - 17:00
Venue
Venue Name: European Data Innovation Hub
Address: 23 Vorstlaan
Watermaal-Bosvoorde, Brussel 1170 Belgium
Organiser
Organizer Name: di-Academy